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HomeMy WebLinkAboutItem 4.08 HansenHill Tr6308 AICITY CLERK FILE # 600-60 AGENDA STATEMENT CITY COUNCIL MEETING DATE: August 7, 2001 SUBJECT: Acceptance of Improvements, Tract 6308 (Hansen Hill, Phase II Report Prepared by: Lee S. Thompson, Public Works Director ATTACHMENTS: 1) Resolution 2) Location Map RECOMMENDATION: 1) Adopt Resolution accepting the work completed and approving regulatory traffic control devices installed as tract improvements. 2) Authorize Staff to accept maintenance bond FINANCIAL STATEMENT: A Maintenance Bond in the amount of $655,000 to guarantee against defects has been provided to the City. Sweeping and other street maintenance costs will be incurred by the City. The street lighting maintenance costs shall be paid by the Citywide Street Light Maintenance Assessment District. DESCRIPTION: California Pacific Homes, Inc., originally subdivided the Hansen Hill, Phase II, development and then assigned their rights and obligations to Warmington Hansen Associates, L.P., the developer who subsequently constructed the improvements. The Hansen Hill project consists of 180 single-family lots, of which 108 lots are contained in this final phase of the development. ' The improvements within Tract 6308 have been inspected by the City Engineer and found to be complete. At the time the City and the developer executed the contract for the tract improvements, the developer was required to provide a Grading and Storm Drain Bond in the amount of $1,051,500.00, a Performance Bond in the amount of $2,620,000.00, and a Labor and Materials Bond in the amount of $1,310,000.00 to guarantee performance of the work involved. Now that the work is complete, the bonds may be released in accordance with the authority contained in §66499.7 of the Government Code, and replaced with a Maintenance Bond in an amount necessary to assure maintenance of the improvements for a one-year period following acceptance of the work. The developer has provided a Maintenance Bond in the amount of $655,000, which is 25% of the original Performance Bond amount, and which is sufficient to guarantee the one-year maintenance period upon acceptance. COPIES TO: Carolyn Hipp, Warmington Homes ITEM NO. g:\developXhansen~agstacpt6308 The following regulatory traffic improvement will be accepted and approved as a part of this development and added to the City of Dublin Traffic Code: Inspiration Circle is designated as a "Through Street." A through street is typically a collector street. Other minor streets which intersect a through street are controlled by stop signs. Since Inspiration Circle is a "Through Street," stop signs have been installed on Bloomfield Terrace, Dry Creek Drive, Mountainrise Place, and Georgian Oaks Court at Inspiration Circle. Staff recommends adopting the Resolution to accept the improvements associated with Tract 6308, Hansen Hill, Phase II, and authorize Staff to accept a Maintenance Bond in the amount of $655,000. Page 2 RESOLUTION NO. - 01 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING IMPROVEMENTS FOR TRACT 6308 (HANSEN HILL, PHASE II) AND APPROVING REGULATORY TRAFFIC DEVICES INSTALLED AS TRACT IMPROVEMENTS WHEREAS, the subdivider of Tract 6308, filed June 27, 1997, in Book 233 of Maps Pages 32-39, previously entered into a contract with the City of Dublin to improve said Tract in accordance with plans and specifications on file with the City Engineer, said Tract identified as follows: a) Subdivider: b) Developer through Assignment: c) Tract Location: d) Tract Size: e) Resolution Approving Final Map: f) City Streets Affected: California Pacific Homes Inc., a California Corporation Warmington Hansen Associates L.P., a California Limited Partnership Inspiration Circle, North of the Valley Christian Center 108 Single-Family Lots No. 66-97, City Council of Dublin Inspiration Circle, Georgian Oaks Court, Bloomfield Terrace, Mountainrise Place, and Dry Creek Drive WHEREAS, the improvements associated with Tract 6308 are complete in accordance with said plans and specifications, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, the developer has installed certain traffic regulatory devices as a part of the Tract improvements; and WHEREAS, Condition of Approval No. 30 of City Council Resolution No. 57-95 requires the :developer to guarantee the improvements and to maintain the completed work against defects for a period of one year following acceptance of the improvements by the City of Dublin; and WHEREAS, the improvements are now complete, the original Grading and Storm Drain, Performance, and Labor and Materials Bonds 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 maintenance of the completed work for the aforesaid one-year period; NOW, THEREFORE, BE IT RESOLVED that: The improvements completed within said Tract are hereby approved and accepted subject to a one-year guarantee period; and The traffic regulatory devices installed by the developer are hereby included in the City of Dublin Traffic Code, said regulatory devices to include the following: Inspiration Circle is designated as a "Through Street." (Traffic Code Chapter 6.08) o The original Grading and Storm Drain Bond iSsued by American Motorists Insurance Company (Bond No. 3SM 888 409 00) in the amount of $1,051,500.00 be released; and The original Performance Bond issued by American Motorists Insurance Company (Bond No. 3SM 908 878 00) in the amount of $2,620,000.00 be released; and o The original Labor and Materials Bond issued by American Motorists Insurance Company (Bond No. 3SM 908 878 00) in the amount of $1,310,000.00 be released; and Se The submitted Maintenance Bond issued by Insurance Company of the West (Bond No. 1837508) in the amount of $655,000 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 August, 2002. PASSED, APPROVED AND ADOPTED this 7th day of August, 2001. AYES: NOES: ABSENT: ABSTAIN: Mayor ATTEST: City Clerk 2