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HomeMy WebLinkAboutItem 4.02 Terraces Acpt Improv J Off' Dp~~ . G ~ ~9`~l~i'8z STAFF REPORT CITY C L E R K ~ ~ DUBLIN CITY COUNCIL File # g' fIFOR~~~ DATE: April 5, 2011 TO: Honorable Mayor and City Councilmembers FROM: Joni Pattillo, City Manager SUBJECT: Acceptance of Improvements Associated with Tract 7524 "The Terraces", Neighborhood H-2 (Phase 2) Dublin Ranch Area G (Toll-Dublin, LLC) Prepared by: Mark Lander, City Engineer EXECUTIVE SUMMARY: Toll-Dublin, LLC recently completed improvements associated with Tract 7524, "The Terraces', Neighborhood H-2 (Phase 2), Dublin Ranch Area G. Tract 7524 is located east of Tassajara Road, north of Dublin Boulevard, west of Keegan Street, and south of Maguire Way within the southeast corner of Area G of the Dublin Ranch Development. The project includes four 4-story multi-family buildings constructed over two levels of subterranean parking, along with associated grading, driveways, and landscaping. Since the improvements have now been completed, it is appropriate to accept the improvements and release the bonds that guaranteed the work. FINANCIAL IMPACT: - Toll-Dublin, LLC has provided a Maintenance Bond in. the amount of $43,597.50 (Bond No. 6596274) to replace the Performance and Labor and Materials Bonds that guaranteed the improvements. The Maintenance Bond wilt guarantee ,against defects for one year. The garage and private on-site .common areas will be maintained by the Dublin Ranch Terraces Owners Association. RECOMMENDATION: Staff recommends that the City Council adopt the Resolution Accepting the Improvements for Tract 7524 (Neighborhood H-2, Phase 2, Dublin Ranch Area G) Submitted By Revie ed y ublic Works Director Assistant City anager Page 1 of 2 ,ITEM NO. ~ • DESCRIPTION: Toll-Dublin, LLC, recently completed improvements associated with Tract 7524, Neighborhood H-2 (Phase 2), Dublin Ranch Area G. Tract 7524 is located east of Tassajara Road, north of Dublin Boulevard, west of Keegan Street, and south of Maguire Way within the southeast corner of Area G of the Dublin Ranch Development. The work consisted of two levels of subterranean parking underlying 4-story condominium buildings. The work was governed by an Improvement Agreement executed on October 5, 2004 via City Council Resolution No. 198-04. Since the improvements have been constructed .pursuant to the Improvement Agreement and to the satisfaction of the Public Works Director, it is appropriate for the improvements to now be accepted by the City for permanent maintenance by the Dublin Ranch Terraces Owners Association. At the time the City and Toll-Dublin, LLC executed the Improvement Agreement, the developer provided Performance 'and Labor and Materials Bonds each in the amount of $174,390.00 for site improvements to guarantee performance of the work, and Performance and Labor and Materials Bonds each in the amount of $75,000.00 as security to guarantee repair of the adjoining public streets as needed due to the ongoing building construction. Now that the work is complete, these bonds may be released in accordance with the authority contained in §66499.7 of the Government Code. The site improvement bonds need to be replaced with a Maintenance Bond in an amount necessary to guarantee the work for aone-year period following acceptance; the street repair bonds may be released without a warranty bond since no damage has occurred and the building construction has ended. The developer has provided a Maintenance Bond in the amount of $43,597.50, which is 25% of the original Performance Bond for the site improvements, and which is sufficient to guarantee the improvements for aone-year period after acceptance. NOTICING REQUIREMENTS/PUBLIC OUTREACH: A copy of the staff report will be provided to Toll-Dublin LLC. ATTACHMENTS: 1. Location Map 2. Resolution Accepting the Improvements for Tract 7524 (Neighborhood H-2, Phase 2, Dublin Ranch Area G) G:\DEVELOPMENT, PRIVATE\Dublin RanchWrea G\H2 -Tract 7524\staff report acpt Tract 7524 -April 5, 2011.doc Page 2 of 2 ' T - ~ - ~ ~ - l~llttF. D01EC0 Tp1FER ~ z t1.5aa.ta6.72. 61,592,18949 d', o REFB~NCBS: - . I~C3G5 157 t329ER 1RW7GIAATiCN ~ji i~?=~ R-t a7-x ~.AE ctb suA~7 aF- ns TrnfsteP PEIm4iiR I 46W k[. lf>C R!C a< $T1i11dF1 CC$ 27, 20NE S ~ N OF E~1 5. 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FASE1g1i 9~csrvID 7EH[Ota) . ~ ~ ±1a°~ Y f ~f 1_u.~~ 1 ~ ~ rse xa7c srRxcc FtivlFxr ~ ~ ~rTsarlr,zzs~• u-u x Vii'--~ I IR} annul eEU:t+c . ~ ~ ~~GUIRE AAY ~ PARCEL 'E' ~ soE rani awl vso4rt PHASE 2 /r-~--'=___-__--~r^---~-g}--- i~ ~ . ~ ~ swE s~7~pucumnrr p t~ 1T1 N. 71IF WUAHE. Gl5E11FFT ~ . ~ P<RF~:EL C ~ PARCEL 'P' Ir, ~ 'gym . 1 IR'S) t' ~ ~ ~ ~ - ~ ~ LOCATION MAP ~ ~ ~ RRa~1, 6~1gr~~,`ITii.~~ °~-t~y PARCEL j ~ ~ ~ ~ ~ f z6~ II' ~ ~ ~ a~4°zr~~`E3i.~r~ ~ PHASE 1 ~'I . . ~ ~ P ~'LE~ Rz,~, - ~,~a"i_g~~5•.L=j4a~$5~.' ~CARNMOP.E P1ACE ~ T }~/y - '1 I_ ~ d~ f"t7 ~L°97~, ~il'~. 4.-~i ~ PARCEL 'h' PAR~'~ 'F`~ 1.'" a~ I A 1. , PdRCI;i. 't' t x,5,7- ~ I a-s) 1 ~ 3 ~ Pend, r t r~7r ~s~ ,-L'j i ; ~ ~ s FOR .GONI}Oi4YI~ILTJM. PURPt?.SES I ~ ~ ~ ~ 59't ` tN2td~' I/ PAK~C 5; 'B' PARCEL 'G' j I ~I ' ~ A,':SjIB$IY~ION D~ :SAT 2. A)dD P11S~IS h*.,¢ ~ ~,Z_` ~ ' ~ (R-s) g 1:3 K;1;3d N~• AND ~ {)F T1tA~T 7327 AS :fi1LED ' ~ Roraaari.7elr l ~ ON NFIYE~EdIRI:K:25; 2bU2s..1N' $bE}R•. 2$7 OF' MAE!S, ~e--`._ ,szor-L_ ` i,°-; R _R~io ~ i P~G$5 BD-72, 1II~t1t~BDl~'. COUt'ITY I{ECORAS_ , ~ _ aes~rs'aca'ri4.;,~ u-r = C~`~.~ ~k' ~UUI~N ~ - , ~ ` _ --_--_--.~7~8'17'O7R ' kLAMEDA Cf?1JN:Ty', 'CA'LiFORTIlA I bU$~IN BUULE PARCEL g _ ~ ~ _ VA RD , FEBRUARY, 2004 ' _ ~ - - _ - - - L , out n+wep?c.wc~n3iwrriro aiisi`ic~ 4 ~ ~or.1s44 n~ a~,s,ao~nxncm ~ma.9 sr~r 2 a ~ tsiao-os i RESOLUTION NO. - 11 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING THE IMPROVEMENTS FOR TRACT 7524 (NEIGHBORHOOD H-2, PHASE 2, DUBLIN RANCH AREA G,) WHEREAS, the subdivider of Tract 7524, filed on November 5, 2004, in Book 277 of Maps at Pages 95 - 97, previously entered into two Improvement Agreements with the City of Dublin to improve said Tract in accordance with plans and specifications on file.with the Public Works Director, said Tract identified as follows: a) Subdivider: Toll-Dublin, LLC, a California Limited Partnership b) Tract Location: West of Keegan Street, south of Maguire Way and north of Dublin Boulevard c) Tract Size: 2 Lots, 626 Multi-Family Units d) Resolution Approving Agreement: No. 198-04, City of Dublin City Council e) City Streets Affected: None WHEREAS., the onsite Grading Improvements associated with Tract 7524 governed by one of the two agreements was previously accepted by the City Council via Resolution No. 144- 07 on August 7, 2007; and WHEREAS, the onsite Improvements associated with Tract 7524 governed by the second of the two agreements are complete in accordance with said plans and specifications, and any approved modifications thereto, to the satisfaction of the Public Works Director; and WHEREAS, the original improvement Performance Bonds and Labor and Materials Bonds that guaranteed the Improvements 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; NOW, THEREFORE,~BE IT RESOLVED that: 1. The improvements completed within said Tract are hereby approved and accepted subject to a one-year guarantee period; and 2. The original Performance Bond issued by Safeco Insurance Company of America in the amount of $75,000.00 (Bond No. 6294111) for street repairs be released; and 3. The original Labor and Materials Bond issued by Safeco Insurance Company of America in the amount of $75,000.00 (Bond No. 6294111) for street repairs be released; and ~ 1 :ATTACHMENT ~ 4. The original Performance Bond issued by Safeco Insurance Company of America in the amount of $174,390.00 (Bond No. 6294095) for onsite improvements be released; and 5. The original Labor and Materials Bond issued by Safeco Insurance Company of America in the .amount of $174,390.00 (Bond No. 6294095) for onsite improvements be released; and 6. The submitted Maintenance Bond issued by Safeco Insurance Company of America in the amount of $43,597.50 (Bond No. 6294095M) be accepted as security for the aforesaid one-year maintenance period, said period to commence on this date and terminate on the 5th day of April, 2012. PASSED, APPROVED AND ADOPTED this 5th day of April, 2011. AYES: NOES: ABSENT: ABSTAIN: Mayor ATTEST: City Clerk G:\DEVELOPMENT, PRIVATE\Dublin RanchWrea G\H2 -Tract 7524\resoacpt_imp.doc 2