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HomeMy WebLinkAbout3.5 Accept Final Map Tract 4719 D ( 0 CITY OF DUBLIN AGENDA STATEMENT MEETING DATE: December 12 , 1983 SUBJECT: APPROVAL OF FINAL MAP - TRACT 4719 . EXHIBITS ATTACHED: Resolution - Acceptance of Final Map; Resolution - Park Land Deposit; Tract Developer Contract; Security in the form of a bank set-aside letter; Reduced Copy of Final Map RECOMMENDATION:_ Approve Resolutions Accepting Final Map Tract 4719 Accept a Deposit In Lieu of Land for Park Land Dedication ( $40 , 545 ) FINANCIAL STATEMENT: None at this time . Staff ' s time is being paid by developer for processing and inspection. After acceptance of improvements, City will take over maintenance of the public streets . DESCRIPTION: Improvement plans and the Final Map for Tract 4719 have been reviewed and found to be in conformance with the Tentative Map and conditions approved by Alameda County (July 20 , 1981 - 150 single family homes ) A subdivision agreement and securities have been submitted guaranteeing the construction of improvements within the subject tract. The maintenance of landscaping and open space is the responsibility of the subdivider, which will pass onto the Homeowners Association. The developer is proposing to form an assessment district for the maintenance along the public streets . A petition has been filed for this district and will appear on the Council ' s next agenda. -------------------------------------------------------------------------- ITEM NO �•`J COPIES TO: Developer RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ----------------------------------- ACCEPTANCE OF FINAL MAP TRACT NO. 4719 WHEREAS, the Final Map of Tract No. 4719 in the incorporated territory of the City of Dublin, State of California has been presented to this City Council for approval, all in accordance with the provisions of the Subdivision Map Act of the State of California and the Ordinance Code of the County of Alameda, as adopted by the City of Dublin; and WHEREAS, the Developers agent, Larry Cy Lee has executed and filed with this City Council a contract to improve Tract No. 4719 in accordance with the Final Map of said Tract No. 4719 , the Tract Improvement Plans and the specifications attached thereto; and WHEREAS, said contract is secured by a bank set-aside letter in the amount of ( $4 , 277 , 913 . 00 ) which, by its terms, is made to inure to _ the City of Dublin, conditioned upon the performance of said contract; and NOW, THEREFORE, BE IT RESOLVED that said contract and security be and they are hereby approved, and the Mayor of this Council be and he is hereby authorized and directed to execute said Contract on behalf of the City of Dublin; and BE IT FURHTER RESOLVED that the Final Map of Tract No. 4719 be and the same is hereby approved; and that Stagecoach Road, Quartz Circle, Topaz Circle, Coral Way, Sapphire Street, Turquoise Street, Pearl Place, Onyx Place, Jade Circle and Agate Way as shown on said map, be and it is hereby accepted as a City Road, subject to improvement in accordance with the approved plans and specifications, in conformity with the terms of the Offer of Dedication; and that those strips of land designaged as "P .U.E. " or "Public Utility Easement" , "S.D .E. " or "Storm Drain Easement" , as offered for dedication to public use in conformity with the terms of dedication, be and they are hereby rejected; and that the Clerk of this City Council be and is hereby directed to transmit said map to the County Recorder for filing. PASSED, APPROVED AND ADOPTED this 12th day of December, 1983 . AYES: NOES: ABSENT: Mavor ATTEST: City Clerk RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ------------------------------------- ACCEPT DEPOSIT IN LIEU - TRACT No. 4719 WHEREAS, pursuant to Section 8-7 . 1 of the Subdivision Ordinance of Alameda County, as adopted by the City of Dublin, each subdivider of land classified by the Alameda County Zoning Ordinance for residential use shall, as a condition to the approval of a Final Subdivision Map, dedicate or reserve - lands, pay fees in lieu thereof, or a combination of both, for park and/or recreational purposes ; and WHEREAS, in its action on the Tentative Map of the subject tract, the Board of Supervisors of the County of Alameda did determine in accordance with Section 8-7 . 1 of the aforesaid Subdivision Ordinance that a fee in lieu of land dedication for park and recreational facilities is to be paid, said fee to be used for the development of park and recreational facilities within . a period of five years from the date of adoption of this resolution to serve the residents of the subject tract; WHEREAS, the City Engineer is in receipt of a remittance amount as prescribed in accordance with Section 8-7 . 6 of the aforesaid Subdivision Ordinance, furnished by the tract developer and identified as follows : 'Tract: 4719 Subdivider : Larry Cy Lee, et al Amount: $40, 545 NOW, THEREFORE1 BE IT RESOLVED that the aforesaid remittance is hereby accepted as performance of said subdivider' s obligation under Section 8-7 . 1 et seq. of the aforesaid Subdivision Ordinance; and BE IT FURTHER RESOLVED, that the City Engineer of the said City of Dublin is hereby authorized and directed to convey said remittance to the Dublin San Ramon Services District upon approval of the Final Map for the aforesaid tract by this City Council . PASSED, APPROVED AND ADOPTED AYES: NOES: ABSENT: Mayor ATTEST: City Clerk CITY OF DUBLIN TRACT DEVELOPER AGREEMENT This agreement is made and entered into this day of , 1983, by and between the City of Dublin, a municipal corporatidh, hereinafter referred to as "CITY", and Larry C. V. Lee, hereinafter referred to as "DEVELOPER". W I T N E S S E T H WHEREAS, it has been determined by the City Council of the City of Dublin, State of California, that DEVELOPER, as a subdivider, desires to improve and dedicate Tract 4719 in accordance with the requirements and conditions set forth within the City of Dublin (Alameda County Planning Commission Tract 4719, 1486th Zoning Unit) adopted on July 20, 1981 the requirements of the Subdivision Map Act of-;the State of California and the Subdivision Ordinance of the City of Dublin; and those certain plans and specifications for said development approved by said City Council, and now on file in the office of the City Engineer, which are hereby referred to for a more definite and distinct description of the work to be performed under this Agreement as though set forth at length herein; and WHEREAS, Developer intends to satisfactorily complete the required improvement within the time hereinafter specified, and City intends to accept Developer's offer(s) of dedication of said improvement(s) in consideration for Developer's satisfactory - performance of the terms and conditions of this Agreement; NOW, THEREFORE, in consideration of the mutual promises, conditions and covenants herein contained, the parties agree as follows: 1. Completion Time. Developer will commence the work required by this Agreement within a timely manner following the date on which City executes this Agreement. Developer shall complete said work not later than 18 months following said date of execution. Time is of the essence in this Agreement. Upon completion, Developer shall furnish City with a complete and reproducible set of final as- built plans, including any authorized modifications. 2. Security Furnished. Concurrently with the execution of this Agreement, Developer shall furnish City with a "Set Aside Letter" securing faithful performance and labor and materials. Such "Set Aside Letter" shall be in a form prescribed by City, and shall be issued by First Interstate Mortgage Corporation or such other major financial institution as may be approved by City. The "Set Aside Letter" shall become a part of this Agreement. The "Set Aside Letter" shall be conditioned upon the faithful performance of this Agreement and upon payment of all claims for labor and materials used or consumed in the performance of this Agreement. The "Set Aside Letter" shall be in the form attached as Exhibit "A" and shall be in the sum of $4,277,913.00. 3. Insurance Required. Concurrently with the execution of this Agreement or prior to the commencement of any construction, Developer/Contractor shall furnish City with evidence of insurance coverage as specified below. a. Worker's.Compensation Insurance. Prior to the commencement of construction, statutory coverage as required to cover' the full liability of Developer in accordance with the provisions of Division IV of the Labor Code of the State of California, and an employer's liability insurance coverage with a limit of not less than $100,000 per occurrence to cover any claims arising from employment not covered by worker's compensation laws. b. Comprehensive General Liability Insurance. Minimum limits of liability shall not be less than $1,000,000 per occurrence combined single limit bodily injury and property damage coverage; any deductible provision shall not exceed $1,000 per claim, and each and every policy must contain a cross liability or severability of interests clause. Page 1 C. Comprehensive Automobile Liability Insurance. Minimum limits of liability shall be not less than $1,000,000 per occurrence combined single limit bodily injury and property damage coverage; coverage shall include owned, non-owned, and hired vehicles, and each and every policy must contain a cross liability or severability of interests clause. . d. Other Requirements. All insurance policies shall be issued by a company legally licensed to transact business in the State of California, shall be issued at Developer's own cost and expense, shall be maintained by Developer in full force and effect during the life of this contract, and must have an "A.M. BEST" rating of B+, X or better. All certificates of insurance shall name the City and its officers, agents and employees as additional insureds, shall contain a provision that a written notice of cancellation or reduction in coverage shall be furnished the City (10) ten days in advance of the effective date thereof, and shall state that such coverage is primary to any other coverage of City. 4. Work Performance and Guarantee. Developer shall secure the services of those skilled in the trade, profession, or calling necessary to perform the work to be accomplished under the. terms of this contract, and shall guarantee and maintain the _ work for a period of one (1) year following the completion and acceptance thereof against any defective workmanship or defective materials furnished in the performance of this Agreement, and shall guarantee and maintain the work for a period of one (1) year following the completion and acceptance thereof against any defective workmanship or defective materials furnished in the performance of this contract, and any acceptance of the work by City will not operate as a release to Developer or Developer's bondsmen from the aforesaid guarantee. 5. Inspection of the Work. Developer shall guarantee .free access to City through its City Engineer and his designated representative for the safe and convenient inspection of the work throughout its construction. Said City representative shall have the authority to reject all materials and workmanship which are not in accordance with the plans and specifications, and all such materials and/or work shall be removed promptly by Developer and replaced to the satisfaction of City without any expense to City in strict accordance with the improvement plans and specifications. 6. Agreement Assignment. This Agreement shall not be assigned by Developer without- the written consent of City. 7. Abandonment of Work. If the work to be done under this Agreement is abandoned, or if this Agreement is assigned by Developer without written consent of City, or if City through its City Engineer determines that the said work or any part thereof is being unnecessarily or unreasonably delayed or that Developer is willfully violating any of the conditions or covenants of this Agreement or is executing this Agreement in bad faith, the City shall have the authority to order Developer to discontinue all work or any part thereof under this Agreement, and Developer shall cease to continue the work or such part thereof as City may designate, and City shall thereupon have the power to obtain by Agreement, purchase, rental or otherwise, all labor, equipment, and materials deemed necessary to complete the work and to use such materials as may be found upon the line of such work. Developer and his sureties shall be liable for all expenses incurred by City for the acquisition and use of such labor, equipment, and materials. 8. Use of Streets or Improvements. At all times prior to -the final acceptance of the work by City, the use of any or all streets and improvements within the work to be performed under this Agreement shall be at the sole and exclusive risk of Developer.. The issuance of any building or occupancy permit by City for dwellings located within the tract shall not be construed in any matter to constitute a partial or final acceptance or approval of any or all such improvements by City. Developer agrees that City's Building Official may withhold the issuance of building or occupancy permits when the work or its progress may substantially and/or detrimentally affect public health and safety. 9. Safety Devices. Developer shall provide and maintain such guards, watchmen, fences, barriers, regulatory signs, warning lights, and other safety devices adjacent to and on the tract site as may be necessary to prevent accidents to the public and damage to the property. Developer shall furnish, place, and maintain such lights as may be necessary for illuminating the said fences, barriers, signs and other safety devices. At the end of all work to be performed under this Agreement, all fences, barriers, regulatory signs, warning lights, and other safety devices(except such safety items as may be shown on the plans and included in the items of work) shall be removed from site of the work by the Developer, and the entire site left clean and orderly. Page 2 10. Patent and Copyright Costs. In the event that said plans and speci- fications require the use of any material, process or publication which is subject to a duly registered patent or copyright, Developer shall be liable for, and shall indemnify City from, any fees, costs or litigation expenses, including attorneys' fees and court costs, which may result from the use of said patented or copyrighted material, process or publication. 11. Alterations in Plans and Specifications. Any alteration or alterations made in the plans and specifications which are a part of this Agreement or any provision of this Agreement shall not operate to release any financial institution from liability on any "Set Aside Letter" attached hereto and made a part hereof, and consent to make such alterations is hereby given, and the financial institutions hereby waive the provisions of Section 2819 of the Civil Code of the State of California. . 12. Liability. a. Developer Primarily Liable. Developer shall be responsible for any and all loss, accident, neglect, injury or damage to person, life or property which may be. the result of or may be caused by construction, operations, or execution of this Agreement, and for which City might be held liable. Developer shall protect and indemnify the City of Dublin, the City Council, the City Engineer and/or any officer, agent or employee of the City, and save them harmless in every- way from all suits or actions at law for damage or injury to persons, life or property that may arise or be occasioned in any way because of construction opera- tions or execution.of this Agreement. b. Design Defect. If, in the opinion of the City, a design defect in the work of improvement becomes apparent during the course of construction, or within one (1) year following acceptance by the City of the improvements, and said design defect, in the opinion of the City, may substantially impair the public health and safety, Developer shall, upon order by the City, correct said design defect at his sole cost and expense, and the financial institution under the "Set Aside Letter" shall be liable to the City for the corrective work required. c. Litigation Expenses. In the event that legal action is instituted by either party to this Agreement, and said action seeks damages for breach of this Agreement or seeks to specifically enforce the terms of this Agreement, and, in the event judgement is entered in said action, the prevailing party shall be entitled to recover its attorneys' fees and court costs. IN WITNESS WHEREOF, the parties hereto have executed this Agreement in duplicate at Dublin, California, the day and year first above written. CITY. OF DUBLIN BY: Mayor ATTEST: City Clerk DEVELOP R BY r Page 3 � First Interstate Mortgage Company rY� Suite 2401 s One Embarcadero Center ^sca�i /nterte San Francisco, CA 94111 Mortgage 415 544-5900 A subsidiary of First Interstate Bancorp December 2 , 1983 Mr. Lee Thompson, City Engineer City Of Dublin Dublin, California Gentlemen: First Interstate Mortgage Company has agreed to provide a land development loan in the sum of $6 , 000,000 to Larry C.Y. Lee, as to an undivided 1/3 interest; Standard Nominees Ltd. , a Hong Kong Corporation, as to an undivided 1/3 interest; and in Campion Investment Ltd. , a Liberian corporation, as to an undivided 1/3 interest, for the purpose of constructing improvements in that certain subdivision entitled Tract 4719 , Dublin, California. We hereby advise you that out of the loan proceeds the sum of $4 , 277, 913 will be designated for construction of subdivision improvements as required by Tract Developer Agreement entered into between the City of Dublin, hereinafter referred to as City and Larry C.Y. Lee, et al, hereinafter referred to as Developer in accordance with said agreement and that said sum will be advanced with said agreement and that said sum will be advanced for the purpose of paying bills for labor materials and construction costs incurred in the construction of such subdivision improvements. Other costs relating to the subdivision financing and development which are included within the First Interstate Mortgage Company loan are separately accounted for , and no part of the aforesaid designated sum will be used to pay such other financing and development costs. In the event that Developer fails to complete and/or pay for the subdivision improvements or meet its obligations to parties with which Developer has contracted to do the work as required by City , all designated funds remaining shall upon written demand by City to First Interstate Mortgage Company be immediately available to City for the purpose of completing and paying cost of said improvements. In such event, Developer waives any claim or interest in the remaining funds. City shall not be obligated to repay said funds so used to First Interstate Mortgage Company provided that upon completion and acceptance of said improvements satisfactory to City First Interstate Mortgage Company shall be entitled to receive any remaining funds which are not City of Dublin December 2 , 1983 Page 2 required for completing and paying the costs of said improvements or repairs thereto that may be required during the warranty period. This is an irrevocable commitment of funds not subject to recall or offset by First Interstate Mortgage Company provided however First Interstate Mortgage Company reserves - the right to require Developer to provide City with a labor and materials and performance bond or bonds which conform to the requirements of Sections 66499. 1 and 66499. 2 of the Governmental Code of the State of California and in the principal amounts required by the City. Upon delivery of said bond or bonds by Developer to City the obligation of First Interstate Mortgage Company shall immediately cease and terminate. If a stop notice is served upon City pursuant to Section 3103 of Government Code , First Interstate Mortgage Company shall withhold loan funds to the extent required by such stop notice relating to the subdivision improvements mentioned above, or 'by the order of any court, tribunal or other governmental authority. 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