HomeMy WebLinkAboutItem 4.04 Accept Improvements Bordeaux Estates (2) CITY OF DUBLIN
AGENDA STATEMENT
City Council Meeting Date: February 11, 1991
SUBJECT: Acceptance of Improvements
Tract 5073 (Bordeaux Estates)
(Report by Public Works Director Lee Thompson)
EXHIBITS ATTACHED: 1) Resolution
2) Location Map
RECOMMENDATION: IA)Ki) Adopt Resolution to accept the work completed.
2) Authorize Staff to accept maintenance bond
3) Authorize Staff to recommend that the County of
Alameda release the performance bond once the
maintenance bond has been received.
FINANCIAL STATEMENT: A maintenance bond in the amount of $418,750 to
guarantee against defects will be provided to the
City. The City will incur future maintenance and
sweeping costs for the public streets in this Tract.
These costs will be paid from the Street Maintenance
Operating Budget and Street Sweeping Budget.
DESCRIPTION: In October of 1985, the City Council approved the
Final Map for Tract 5073, one of three Tracts in the Bordeaux Estates
development. (One of these three Tracts has since been developed by Ahmanson
Developments as "Images.") The Tract Developer Agreement and bonds were
executed between Hatfield/Investec and the County of Alameda, as the property
had not been annexed to the City at the time. Hatfield/Investec's interest in
the property eventually passed to First Interstate Mortgate Special Assets
(FIMSA) , the current owner.
At the time the City and Hatfield/Investec executed the contract for the Tract
improvements, the subdivider was required to provide performance bonds in the
amount of $1,615,000 to provide the necessary security for the performance of
work involved. As the work is now completed, the performance security
requirement can be reduced, in accordance with the authority contained in
Section 66499.7 of the Government Code, to an amount necessary to guarantee
maintenance of the work for a one-year period following acceptance of the
work.
City Staff has notified FIMSA that the intermittent problem of hydrogen
sulfide odors from parts of the storm drain system has not been completely
solved and must be corrected during the maintenance period. Preliminary soils
studies have indicated that the bond amount is sufficient to install further
corrective measures.
Staff recommends that the City Council adopt the resolution accepting
improvements, authorize Staff to accept the maintenance bond at a future date,
and authorize Staff to recommend that the County of Alameda release the
performance bond once the maintenance bond has been received.
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ITEM N0.--- COPIES TO: FIMSA West
���� 6o�-��a
RESOLUTION NO. -91
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
--------------------------------------------
FOR THE ACCEPTANCE OF IMPROVEMENTS
TRACT 5073 (BORDEAUX ESTATES)
WHEREAS, the owner-subdivider of the aforesaid Tract 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: First Interstate Mortgage Special Assets (successor to
Hatfield/Investec)
b) Tract Location: Westerly of Tract 4991
c) Tract Size: 80 single-family lots; one common open space parcel.
d) Resolution Approving Final Map: No. 117-85
e) City Streets Affected: Rolling Hills Drive, Brittany Drive, Champagne
Place, Champagne Court, Seine Court
WHEREAS, said improvements have been completed in accordance with
said plans and specifications, and any approved modifications thereof, to the
satisfaction of the City Engineer of the City of Dublin; and
WHEREAS, as a condition of said contract, the subdivider is
required to guarantee the improvements and to maintain the completed work for
a period of one year following acceptance of the work by the said City of
Dublin; and
WHEREAS, as the improvements are now completed, the original
performance bond security requirement can be reduced, in accordance with the
authority contained in Section 66499.7 of the Government Code of the State of
California, to an amount found necessary to guarantee maintenance of the
completed work for the aforesaid one-year period;
NOW, THEREFORE, BE IT RESOLVED that:
1. The improvements completed within said Tract be, and they are hereby
approved and accepted subject to the aforesaid one-year guarantee; and
2. The aforesaid original performance bond security requirement be
reduced from the amount of $1,615,000 to a revised security requirement in the
amount of $418,750, upon acceptance by Staff of the replacement maintenance
bond in the said amount of $418,750 as security for the aforesaid one-year
guarantee period, and the Mayor of this City Council be, and he is hereby
authorized and directed to execute the said bond on behalf of the said City of
Dublin; and
3. The said original performance bonds in the amount of $1,615,000
posted in connection with the work involved in the construction of said Tract
be hereby released upon acceptance of said maintenance bond.
PASSED, APPROVED, AND ADOPTED this 11th day of February, 1991.
AYES:
NOES:
ABSENT:
Mayor
ATTEST:
City Clerk
LEGEND
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IJ .n 1 a�• 9a\ I R/5 NO.521 10r. '•1r)YwIlw xf.oi'
'� IN UNINCORPORATED TERRITORY IN'THE COUNTY OF ALAF•ELN
Gvj 1 n n �_n/+� Fly AND IN THE CITY OF DUBLIN
J`l_ := �� 4��1 WILSEY 9 HAM
__ 11. �grh�1 I CONSULTING ENGNEERS
�L'Tiylyt i� h ��� t\� DUBLIN, CALIFORNIA
SEPTEMBER, 1985
I••300'
\� TRACT 2467 \
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