Loading...
HomeMy WebLinkAboutItem 4.04 Accept Imp Fallon Rd - Dub Bl to Central CITY CLERK File # D6J~~-~5J AGENDA STATEMENT CITY COUNCIL MEETING DATE: February 20, 2007 SUBJECT: Acceptance of Improvements for Fallon Road - Dublin Boulevard to Central Parkway Report Prepared by: Melissa Morton, Public Works Director If' ! ! ' .~ . ATTACHMENTS: 1) 2) Resolution Accepting Improvements Location Map 7' ' RECOMMENDATION:/vt-vr Adopt the resolution accepting the improvements for Fallon Road- I Dublin Boulevard to Central Parkway, constructed by the Lin Family ~ and the Sierra Land Development Corporation. !' \ /' I t;,_..'" FINANCIAL STATEMENT: The Sierra Land Development Corporation has provided a Maintenance Bond in the amount of $152,500.00 to guarantee against any defects in the improvements for a one-year period following acceptance. The City will incur maintenance costs for these roadway improvements. DESCRIPTION: As part of the infrastructure for Dublin Ranch, the Lin Family and the Sierra Land Development Corporation have constructed improvements for Fallon Road from Dublin Boulevard to Central Parkway. These improvements were completed in conformance with an Improvement Agreement entered into with the Lin Family and the Sierra Land Development Corporation on July 18, 2006. The City does not intend to open this section of Fallon Road to traffic until the I- 580/Fallon Road Interchange Project is completed. The Sierra Land Development Corporation provided a Performance Bond and a Labor and Materials Bond, each in the amount of $610,000.00, to guarantee performance of the work. Now that the work is complete, these bonds may be released in accordance with the authority contained in 966499.7 of the Government Code, and replaced with a Maintenance Bond in an amount necessary to guarantee the work for a one-year period following acceptance. COpy TO: Marty Inderbitzen, Attorney for the Lin Family Page 1 of2 ITEMNO.~ G:\DEVELOP\Dublin Ranch\lnfrastructure\Fallon Road (Central-Dublin)\agenda statement accept.doc ~ The Sierra Land Development Corporation has provided a Maintenance Bond in the amount of $152,500.00 (Developers Surety and Indemnity Company, Bond No. 720013S-M), which is sufficient to guarantee the improvements for a one-year period after acceptance. The Lin Family has dedicated the required right-of-way, which will be accepted by the City Engineer upon acceptance of the improvements. Staff recommends that the City Council adopt the resolution accepting the improvements for Fallon Road - Dublin Boulevard to Central Parkway, constructed by the Lin Family and the Sierra Land Development Corporation. Page 2 of2 \Ob~ RESOLUTION NO. - 07 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTANCE OF IMPROVEMENTS FOR FALLON ROAD - DUBLIN BOULEVARD TO CENTRAL PARKWAY WHEREAS, the Lin Family and the Sierra Land Development Corporation entered into an Improvement Agreement with the City of Dublin on July 18, 2006 to construct roadway improvements for Fallon Road - Dublin Boulevard to Central Parkway, in accordance with the approved plans; and WHEREAS, improvements associated with Fallon Road - Dublin Boulevard to Central Parkway, are complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, the Lin Family has dedicated right-of-way to the City of Dublin for Fallon Road - Dublin Boulevard to Central Parkway; and WHEREAS, the Performance Bond and the Labor and Materials Bond can be released, in accordance with the authority contained in 966499.7 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: 1. 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. 720013S) in the amount of$610,000.00 be released; and 3. The original Labor and Materials Bond issued by Developers Surety and Indemnity Company (Bond No. 720013S) in the amount of$610,000.00 be released; and 4. The submitted Maintenance Bond issued by Developers Surety and Indemnity Company (Bond No. 720013S -M) in the amount of $152,500.00 be accepted as security for the aforesaid one-year maintenance period, said period to commence on this date and terminate on the 20th day of February, 2008. Y,4 2;ZD'Cn ATTACHMENT I. 1 PASSED, APPROVED AND ADOPTED this 20th day of February, 2007. YES: NOES: ABSENT: ABSTAIN: d., u} \,.-,," Janet Lockhart, Mayor ATTEST: Fawn Holman, City Clerk G:\DEVELOP\Dublin Ranch\lnfrastructure\Lockhart Street (Gleason-Central Pkwy)\Reso acpt imps .doc 2 Location Map ,?, .....) !1 ~ \ i SPORTS PARK FALLON ROAD - DUBLIN BLVD TO CENTRAL PARKWAY PROJECT .J / ~_v -"",P ...--.--- ~. FALLON ROAD 11-580 INTERCHANGE PROJECT l~ (r~~ ~J0 ~'-i ---~~, /1/;/ \, ~~ ~7 ~ ~.' ~~~y - \\ ~~~~- ~".- -----~\;~-~ ~::.~-= AND FALLON RD TO 1-580 PROJECT -1N=tEB.S:1Ar:E:aM I o 0.05 I 0.1 I I 0.2 0.3 1 inch equals 700 feet I 004 I 0.5 I Q.6 IMile.. 0.7 ~ ATTAUBHENT 2,. May, 2005