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HomeMy WebLinkAboutReso 28-05 DublinRchStormDrain RESOLUTION NO. 28 - 05 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN * * ~ . * . * * * ACCEPTANCEOFuwÅ“ROVEMENTSFOR STORM DRAIN LINE D ~ FALLON ROAD & CENTRAL PARKWAY DUBLIN RANCH, AREA B WHEREAS, the Un Family and the Sierra Land Development Corporation entered into an Improvement Agreement on September 21, 2004, with the City of Dublin to construct storm drain improvements in Dublin Ranch, Area B, in accordance with the plans entitled, Dublin Ranch Area B - Storm Drain Lines D Improvements - Fallon Road & Central Parkway, prepared by MacKay & Somps, signed by the Director of Public Works on September 7, 2004, and consisting of 8 sheets; and WHEREAS, improvements associated with Storm Drain Line D - Fallon Road & Central Parkway are complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the Public Works Director; and WHEREAS, the Lin Family has executed Easement Grant Deeds to the City of Dublin for Storm Drain Line D; 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 ofthe 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. 8690075) in the amount of $532,000 be released; and 3. The original Labor and Materials Bond issued by Developers Surety and Indemnity Company, (Bond No. 869007S) in the amount of $532,000 be released; and 4. The submitted Maintenance Bond issued by Developers Surety and Indemnity Company, (Bond No. 869007S-M) in the amount of$133,000 be accepted as security for the aforesaid one-year maintenance period, said period to commence on this date and terminate on the 1st day of March, 2006. I PASSED, APPROVED AND ADOPTED this 1st day of March, 2005 YEs: Councilmembers Hildenbrand, McCormick, Oravetz and Zika, and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None ATTEST: ~,,\~~ , Deputy City Clerk G:\CC-MTOS\200j.qh'IIM..-\03-o ¡-oj....o 2S-oj """" main line D.doc (It= 4.4) 2