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HomeMy WebLinkAboutReso 228-04 GleasonDrImprovmts RESOLUTION NO. 228 - 04 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN * * . * * * * * . ACCEPTANCE OF IMPROVEMENTS FOR GLEASON DRIVE BETWEEN TASSAJARA ROAD AND FALLON ROAD, INCLUDING PORTIONS OF FALLON ROAD AND GRAFTON STREET WHEREAS, the Un Family and the Sierra Land Development Corporation entered into an Improvement Agreement on October 7,2003, with the City of Dublin to construct roadway improvements tor Gleason Drive between Tassajara Road and Fallon Road, including portions of Fal10n Road and Grafton Street, in accordance with the approved plans; and WHEREAS, improvements associated with Gleason Drive between Tassajara Road and Fal10n Road, including portions of Fallon Road and Grafton Street, are complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the Director of Public Works; and WHEREAS, the Un Family has dedicated right-of-way to the City of Dublin for Gleason Drive and Grafton Street; and WHEREAS, the Performance Bond and the Labor and Materials Bond can be released, in accordance with the authority contained in §66499.7 of the Government Code of the State of California, and replaced with a Maintenance Bond to guarantee the completed work for a one-year period following acceptance; and WHEREAS, the Sierra Land Development Corporation has provided a Maintenance Bond to guarantee the completed work for a one-year period; NOW, THEREFORE, BE IT RESOLVED that: I. The improvements completed with said project are hereby approved and accepted subject to a one-year guarantee period; and 2. The original Performance Bond issued by Developers Surety and Indemnity Company (Bond No. 553985S) in the amount of $3,487,000.00 be released; and 3. The original Labor and Materials Bond issued by Developers Surety and Indemnity Company (Bond No. 553985S) in the amount of $3,487,000.00 be released; and 4. The submitted Maintenance Bond issued by Developers Surety and Indemnity Company (Bond No. 553985S-M) in the amount of $871,750.00 be accepted as security for the aforesaid one-year maintenance period, said period to commence on this date and terminate on the 7th day of December, 2005. I PASSED, APPROVED AND ADOPTED this 7th day of December, 2004. AYES: Councilmembers Hildenbrand, Oravetz, McCormick, Zika and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None ATTEST: K2/G/12-7'{)4/reso-GIeason Rd Imps (Item 4.4) O:\DEVEI.ol'IDubHn _IINFRASTRUCTlIREIOl...... I)M"", aq>t Dnps .doc 2