HomeMy WebLinkAboutItem 3.4 Rhoda Ave Extension Tr 4668 Accpt Work (2) H
CITY OF DUBLIN
AGENDA STATEMENT
MEETING DATE : February 28 , 1983
SUBJECT Acceptance of Work - Tract 4668
Substitution of Performance Bond
EXHIBITS ATTACHED Resolution; Location Map; Letter from County Public
Works Director
OION Adopt resolution to: 1) accept the work completed in
Tract 4668, and 2 ) accept letter of credit as a
substitution for the performance bond ( $1, 450, 000) in
connection with the guarantee of work performed in
Tract 4668 .
FINANCIAL STATEMENT: City Manager has a letter of credit in the amount of
$362 , 500 to guarantee against defects for one year.
No immediate maintenance costs other than street
lights and sweeping.
DESCRIPTION All work in connection with the subject tract has been
completed in accordance with the terms of the subdivision contract, and
acceptance of the work is now in order. The original approvals and
inspection was performed under County of Alameda jurisdiction and personnel .
Pertinent information concerning the tract is as follows :
a. Subdivider : Santa Barbara Savings & Loan Association, a California
Corporation
b. Tract location: Southwesterly corner of the intersection of San Ramon
Road and the .extension of Alcosta Boulevard adjacent to
and northerly of Tract 3733 providing for the extension
of Rhoda Avenue, Southwick Drive in the City of Dublin.
C . Tract size: 87 lots on 26 .47 acres
d. Resolution approving Final Map: 190413
e. City streets affected: Fenwick Way, Southwick Drive Bloomington Way,
Putnam Court, Rhoda Place, Rhoda Avenue, Augusta
Court, San Ramon Road
At the time the County and the subdivider executed the contract for the
Tract improvements, the subdivider was required to post a performance bond
in the amount of $1, 450, 000 to provide the necessary security for the
performance of the 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. The subdivider has provided a letter of
credit in the amount of $362 , 500 which is 25% of the original bond required,
and which is sufficient to cover the one-year maintenance guarantee period.
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COPIES TO: Santa Barbara Savings
ITEM NO. J. Z/ & Loan Association
RESOLUTION NO. - 83
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
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FOR THE ACCEPTANCE OF IMPROVEMENTS
TRACT 4668
WHEREAS, the owner-subdivider of the aforesaid tract previously
entered into a contract with the County of Alameda to improve the said tract
in accordance with plans and specifications on file with the Director of
Public Works of the said County of Alameda, said tract identified as
follows :
a. Subdivider: Santa Barbara Savings & Loan Association, a California
Corporation
b. Tract location: Southwesterly corner of the intersection of San Ramon
Road and the extension of Alcosta Boulevard adjacent to
and northerly of Tract 3733 providing for the extension
of Rhoda Avenue, Southwick Drive and the City of
Dublin. ,
C . Tract size: 87 lots on 26 . 47 acres
d. Resolution approving Final Map: 190413
e . City .streets affected: Fenwick Way, Southwick Drive, Bloomington Way,
Putnam Court, Rhoda Place, Rhoda Avenue, Augusta
Court, San Ramon Road
WHEREAS, said improvements have been completed in accordance with
said plans and specifications, and any approved modifications thereof, to
the satisfaction of said Director of Public Works of the County and the City
Engineer; 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 tract work is 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 the said tract be and they
are hereby approved and accepted subject to the aforesaid one-year
guarantee;
2 . The aforesaid original performance bond security requirement
be and it is hereby reduced from the amount of $1, 450, 000 to a revised
security requirement in the amount of $362 , 500 and the replacement letter of
credit in the said amount of $362 , 500 be and it is hereby accepted as
security for .the aforesaid one-year guarantee period.
3 . That the said original performance bond in the amount of
$1, 450 , 000 posted in connection with the work involved in the construction
of the said tract be and it is hereby released in full .
PASSED, APPROVED AND ADOPTED this 28th day of February, 1983 , by
the following vote :
AYES :
NOES :
ABSENT:
Mayor
ATTEST:
City Clerk
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RECEIVED
COUNTY OF ALAMEDA FEB 2 31983
` PUBLIC WORKS AGENCY
, ;; CITY OF DUBLIN
' 399 Elmhurst Street *.Hayward,ward, CA 94544-1395
ii'PUBLIC _ Y
WORKS,. (415) 881-6470
PSources February 22, 1983
Tract 4668
Mr. Lee C. Thompson, City Engineer
City of Dublin
P.O. Box 2340
Dublin, CA 94568
Dear Mr. Thompson:
Tract 4668 has been inspected by Alamda County during the construction
of the improvements under the contract between Alameda County Board of Supervisors
and Santa Barbara Savings and Loan Association, a California corporation, the
subdivider.
This office is satisfied that all improvements have been completed
except as noted below:
Fifty-three street trees remain to be planted. A Letter of Credit to
guarantee the tree planting has been accepted by this office. We will request
that you be named in a new Letter of Credit to supersede the one on file.
Monument adjustments are necessary and an Instrument of Credit has been
accepted by this office to guarantee the completion of monument adjustment.
The guarantee for 1 year maintenance, a Letter of Credit, in the amount
of Three Hundred Sixty Two Thousand, Five Hundred Dollars ($362,500) is enclosed.
Subject to the above conditions this office can recommend that the City
accept the improvements for Tract 4668.
Contra Costa County has accepted those improvements constructed on
Alcosta Boulevard within Contra Costa County.
The Dublin San Ramon Services District has accepted the sanitary sewer
mains, water mains and appurtenant facilities in Tract 4668.
Enclosed are copies of the following documents: location map, copy of
contract, Resolutions of Alameda County Supervisors accepting final map and in
lieu park fees, letters from San Ramon Services District accepting facilities,
Guarantee Letter of Credit.
Very truly yours,
H. A.:FFLE EIM, JR.DIREC 'OF PUBLIC WORKS
HAF:WH:jp
Enc.
TR2B2
cc: Mr. Lee A. Babbitt