HomeMy WebLinkAboutItem 3.09 AcceptnceWorkTr4802 (2)
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CITY OF DUBLIN
AGENDA STATEMENT
CITY COUNCIL MEETING DATE: September 10, 1984
SUBJECT
Acceptance of Work - Tract 4802
Substitution of Performance Bond
EXHIBITS ATTACHED
Resolution; Location Map
RECOMMENDATION 1) Adopt resolution to accept the work completed in
Tr'act 4802
Q#2) Authorize execution and substitution of performance
bond in the amount of $275,000 in connection with
the guarantee of work performed in Tract 4802
FINANCIAL STATEMENT: A bond for $275,000 to guarantee against defects for
one year has been provided to the City. No immediate
maintenance costs other than street lights and
sweeping.
DESCRIPTION All work in connection with the subject tract has been
completed in accordance wi th the terms of the subdivision contract, and
acceptance of the work is now in order. The original approvals and
inspection was performed under the jurisdiction of the' county of Alameda.
Pertinent information concerning the tract is as follows:
a) Subdivider: Estate Homes of Northern California, Inc.
b) Tract location: southwesterly of Alcosta Boulevard and San Ramon Road
c) Tract size: 84 Lots
d) Resolution approving Final Map: No. 53-82, City Council of Dublin
e) City streets affected: Southwick Drive, Bloomington way, Norfolk Place,
Royston Court, Becket way, Bloomington Court, West Vomac Road, Southwick
Court, and water ford Court
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 $1,100,000 to provide the necessary security for the
performance of the work involved. AS the work is now completed, the
performance secur i ty requirement can be reduced, in accordance wi th 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 new
performance bond in the amount of $275,000 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:
Estate Homes
ITEM NO.
3.9
RESOLUTION NO. - 84
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
FOR THE ACCEPTANCE OF IMPROVEMENTS
TRACT 4802
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 : Estate Homes of Northern California, Inc,
b) Tract location: Southwesterly of Alcosta Boulevard and San Ramon Road
c) Tract size : 84 Lots
d) Resolution approving Final Map: No. 53-82 , City Council of Dublin
e) City streets affected: Southwick Drive, Bloomington Way, Norfolk Place,
Royston Court, Becket Way, Bloomington Court, West Vomac Road, Southwick
Court, and Waterford Court
WHEREAS, said improvements have been completed in accordance with
said plans and specifications , and any approved -modifications thereof, to .
the satisfaction of said 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 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, 100 ,000 to a revised
security requirement in the amount of $275 ,000 and the replacement
performance bond in the said amount of $275 ,000 be and it is hereby accepted
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 in duplicate on behalf of the said City of Dublin; and
3 . That the said original performance bond in the amount of
$1, 100 , 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 10th day of September , 1984 .
AYES :
NOES:
ABSENT :
Mayor
ATTEST:
City Clerk
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