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HomeMy WebLinkAbout4.6 Accptnce of ImprvmtsTr5074 ....1'" \ , "-..,~ -' CITY OF DUBLIN AGENDA STATEMENT City Council Meeting Date: January 28, 1991 SUBJECT: Acceptance of Improvements Tract 5074 (Images) Ahmanson Developments (Report by Public Works Director Lee Thompson) EXHIBITS ATTACHED: 1) Resolution 2) Location Map RECOMMENDATION: ('] J~) VV'U 2) Adopt Resolution to accept the work completed. Authorize Staff to accept maintenance bond at a future date. FINANCIAL STATEMENT: A maintenance bond in the amount of $403,750 to guarantee against defects will be provided to the City. The City will also incur future street sweeping and street maintenance costs. DESCRIPTION: Map for Tract development. who completed In October of 1985, the City of Dublin approved the Final 5074, one of the three tracts in the Bordeaux Estates The original developer was Hatfie1d/lnvestec, a Joint Venture, the rough grading within the tract. The interest in this tract was transferred to Ahmanson Developments, Inc., who provided new performance and labor and materials bonds in the required amounts and signed a new developer agreement. At the time the City and Ahmanson Developments executed the contract for the tract improvements, the subdivider was required to provide a performance bond 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. Staff recommends that the City Council adopt the resolution accepting improvements and authorize Staff to accept the maintenance bond at a future date. ----------~~--~--------------------------------------------------------- ITEM NO.~ COPIES TO: Ahmanson Developments &i1v 000-~O RESOLUTION NO. -91 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN --------------------------------------------- FOR THE ACCEPTANCE OF IMPROVEMENTS, TRACT 5074 "IMAGES" AHMANSON DEVELOPMENTS 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: Ahmanson Developments b) Location: Westerly of San Ramon Road, northerly of Rolling Hills Drive c) Tract Size: 69 single-family lots d) Resolution Approving Final Map: 85-119 e) City Streets Affected: Creekside Drive from Rolling Hills Drive to end, Brittany Drive from Rolling Hills to end, Creekside Court, Vista Place, and Village View 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 $403,750, upon acceptance by Staff of the replacement maintenance bond in the said amount of $403,750 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. posted in be hereby The said original performance bond in the amount of $1,615,000 connection with the work involved in the construction of said Tract released upon acceptance of said maintenance bond. PASSED, APPROVED, AND ADOPTED this 28th day of January, 1991. AYES: NOES: ABSENT: Mayor ATTEST: City Clerk D- <t: L -Z 0 - ~ 0 ~ - I I \:J .~ c z. ~-(:;.':" >}~~~I i 1~-1 ~\ \ ____ '--~. 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