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Home My WebLink AboutItem 4.02 Schaefer Rch Tr 6765~~~_ \ 1 \~:~ CITY CLERK File # ^~~~-~ 0^ AGENDA STATEMENT CITY COUNCIL MEETING DATE: March 17, 2009 SUBJECT: Approval of Partial Release of Security Associated with Tract 6765, Schaefer Ranch -Phase 2 Improvements (Schaefer Ranch Holdings, LLC, a California Limited Liability Company) Report Prepared by.• Frank Navarro, Senior Civil Engineer ATTACHMENTS: 1) Location Map 2) Resolution approving Partial Release of Security associated with Tract 6765, Schaefer Ranch -Phase 2 Improvements RECOMMENDATION: Adopt the Resolution approving Partial Release of Security associated with Tract 6765, Schaefer Ranch -Phase 2 Improvements (Schaefer Ranch Holdings, LLC, A California Limited Liability Company). 111 FINANCIAL STATEMENT: The original Performance Bond and Labor and Materials Bond issued by Travelers Casualty and Surety Company of America, each in the amount of $13,175,100.00 (Bond No. 104757058) for Phase 2 Improvements, will be reduced to $3,293,775.00. After the Partial Release of Security, the remaining bonds will be sufficient to complete Tract 6765, Schaefer Ranch -Phase 2 Improvements. The developer will provide aone-year Maintenance Bond when the City accepts the improvements. DESCRIPTION: Schaefer Ranch Holdings, LLC, is seeking City Council approval of the Partial Release of Security associated with Tract 6765, Schaefer Ranch -Phase 2 Improvements. Tract 6765 is a residential development approved by the Planning Commission in August 1998. The Stage 2 Planned Development and Site Development Review were approved by the Planning Commission in June 2006 and by the City Council in August 2006 respectively. The development is situated on approximately 500 acres of land located at the westerly boundary of the City limits north of Interstate 580, COPY TO: Doug Chen, Schaefer Ranch Holdings, LLC Page 1 of 2 ITEM NO. . L.- G:~DEVELOPMENT, PRIVAThlschaefer Ranch~Improvement AgreementSiAGST_bond reduce~hase 2.doc south of the unincorporated area of Alameda County, and west of Brigadoon Way (Attachment 1). This project, which will provide open space, trail amenities, and a community park, was originally approved for 302 single-family homes; however, this was later increased to 406 units. On February 20, 2007, via City Council Resolution No. 17-07, the City of Dublin and Schaefer Ranch Holdings, LLC, entered into an improvement agreement that governed the Phase 2 Improvements. This work included the subdivision street improvements. The developer is nearly 75% complete with the Phase 2 Improvements and is requesting a bond reduction. The developer, Schaefer Ranch Holdings, LLC, provided Performance and Labor and Materials Bonds, each in the amount of $13,175.100.00 (Bond No. 104757058) for Phase 2 improvements. The total improvements for Phase 2 are more than 75% complete and, in accordance with the authority contained in §66499.7 of the Government Code, each bond may be reduced to an amount of $3,293,775.00 (25% of $13,175.100.00). The City is only authorizing a bond reduction and is not approving or accepting these improvements at this time. Once the City formally accepts the Tract 6765, Schaefer Ranch -Phase 2 Improvements, Schaefer Ranch Holdings, LLC, will provide a Maintenance Bond to replace the Performance and Labor and Materials Bonds. RECOMMENDATION: Staff recommends that the City Council adopt the Resolution approving Partial Release of Security associated with Tract 6765, Schaefer Ranch -Phase 2 Improvements (Schaefer Ranch Holdings, LLC, a California Limited Liability Company). Page 2 of 2 awafa yr OCArt/nYa (SEE SHEET 51/ TAKEN AS NB8'35'O1'W. BETWEEN FOUND MONUMENTS DESIGNATED AS A-535 AND A-539 IN DUBLIN BL VO. FROM TRACT 5926, FILED IN BOOK ?22 OF MAPS AT PAGES 71-84, ACAMEDA COUNTY RECORDS AND FROM THE STATE OF CALIFORNIA HIGHWAY MONUMENT MAP DRAWING NO. 5209.8 TO 5209.14. BEARINGS AND DISTANCES ARE BASED ON THE CAL/FORNIA COORDINATE SYSTEM, NAD 77, ZONE 3. TO OBTAIN GROUND D/STANCES, MULTIPLY BY !.0001136 BASED ON LATITUDE 37'42'15' NORTH AND ASSUMED AVERAGE ELEVATION OPEN ACE PARCEL SPA P T PARCEL CONSERVATION EASEMENT ZONE PARCEL CONSERVATION EASEMENT ZONE A-1 EBRPD lNO CONSERVATION EASEMEN71 H ZONE B GRAD OPEN SPACE B-7 LONE A GRAD OPEN SPACE I ZONE B GRAD OPEN SPACE C-1 ZONE B GRAD OPEN-SPACE L LONE B GHAD OPEN SPACE A EBRPD /NO CONSERVATION EASEMENT/ O ZONE B GHAD OPEN SPACE B EBRPD NO CONSERVATION EASEMENT P ZONE A GHAD OPEN SPACE D ZONE B GHAD OPEN SPACE 0 ZONE B GHAD OPEN SPACE E ZONE B GHAD OPEN SPACE U ZONE A GHAD OPEN SPACE OF 900 FT - F ZONE B GHAD OPEN SPACE F~ E AND CURVE DATA SEE TABLES SHEETS f0-12 MACHADO EB.R.P.D. SERIES NO. 83-28672 I SfR/ES NO. 02-151758 32 33 APN BSA-1400-001-03 APN 85A-1400.001-05 T.1$. _ _ N89'29'04'W _ 2594.67' COUNTY O_F ALAM DA N89.33'S2'W g T.3S. CITY OF OI/BLIN 20' WIDE W.L.E., E.B.TS.~D~ ly SECTION CORNER \\ 5 4 /27 ROS Bf, A.C.R.I 1/4 SECTION CORNER TRAIL EASEMENT, E.V. .E. d - 127 ROS 81, A.C.R./ PRIVATE ACCESS EA ME 4 KELLY CANYON /N BENEFIT OF PARCEL 'A= PARCEL 'R' PARCEL 'U' cofmr PARCEL 'U' R/oGEUNE W 3 SEE SHEET 8 d 17 SEE SHEET 6 PARCEL 'W' SEE SHEET B couar I `;; ~~ PARCEL 'O' __ __, SEE SHEET B d ?9 aH~ BCHAEFER NE/GNTp C . YOI oleo SEE SHEET B r-26 couRT BEAR CANYON CO r- o''f'ry°" PARCEL 'S' -- cotarr - „`", ryf _ `60' WIDE WL.€., ~I N6~ .' v1j19e ~/~ IQ` ~ I ~ed 'o°~~~ S.S.E., P.S.E. ~~ P-3 X 7 JHOeI~ G.S.D.E. d E.VA.E~,i / _pA_RCEL~S'T-f; 'T-2, m °0 01o SCHAEFER r ` SF~, SHEET 8 ~I B` + zee Q O ~ ~I ~ SERIES NO. 9 9-13 79 18 ~ - \ n 0 2 e ~ V AREA: 20.0014 ACRES ~ > ~ ~--__ y ° OI 2 ~ 119J \ -3g I!za0! -~ "' N88'?2'02~W h ~- im 20' W/DE E.B.R.P.D. TRAIL cwne O 890.16' EASEMENT d E.V.A. W f I 192 \ ~ -°°~° 1/! SECTION CORNER o ro 127 ROS 81, A.C.R. -~~ ~ P_3 "I h IN70'39'S5"f/ zE9 2 I723.83'1IR21 ARC PARCE IN8r06'3g'W/ E S ~ SEE SH! fz22.75%BR2/ ~ PARCEL P' 'QI ~ IN 7.5a' SEE SHEET 81 1N55'21'10"Wl (274,44'l/RT/ 11 TI 7715•W 19 (N76'72'S0'W ~_ 1407.40%1R21458 6j7 54 130L13%IR1I 580 5T'7R1/ lj dos. STATE OF CALIFORNIA /~sgn lam/ !REEL 480! IMAGE 807/ '77%/g1% COUNTY OF ACAMEDA 1N74.3074'W 1300.19'//RU/R21 1R1/ RECORDED RIGHT OF WAY FROM CAL TRANS 'APPRA/SAC/ NAROCOPY MAP• DRAWING NUMBERS A-X1243.1 THRU A-X1243.5 /R2I R/GH7 OF WAY MONUMENT INFORMATION OBTAINED FROM 'CALIfORN/A STATE HIGHWAY MONUMENT MAPS' DRAW/NG NUMBERS 5-209.9 THROUGH 5-209.14 -PARCEL F'J/N23.3raa'El~ ~ /Nalvs''m'EFI SEE SHEET 51 = SEE SHEET 91599r IR7/ !386.54%IR1/ SHEET 6 OF 61 PROJECT 80l/NDARY, OPEN SPACE TABLE di SHEET INDEX 4WtFPOSWMr RU.tlNYrIMp`n]04MI.O,q.9IY fOVe:wN.t eam r.xHwnaac~o .w~oe+vi PSO..w. k. 1 WttD NORSE COURT PARCEL 'U' SEE SHEET 6 16 2 q Z 0 200 EB.R.P.D. ti ~ BCALE r .400• SER/ES N0. 0 2-15175 8 j U ~ ti ~ EB.R.P.D. APN 941-0010-004-0f U Q i `U O SERIES N0. 0 2-15175 8 TRACT 6765 SCHAEFER RANCH A PORTION OF BECTbNB J 6 4 TOWNSHIP 3 80UTI( RANGE i WEBT, MT. D/ABLO BABE AND MERRNAIK c/rr of DI/BL1N ACAMEDA COUNTY, CALIFORN/A ~~ Desrgin Resources, Ina P/wYnp ~ EnpYl~7hy • Smwyhp 2700 Ypneo/o Y~lley Roetl, SWfs f00 WIMUf Geek, Cel/IOrnl~ B<SBB-9<82 TEL (9261 210-8900 r 33 '+-I p34 T.2S. R.f.W. LEGEND DECEMBER, 2008 ~\ ~ _ _ 4 -3 -- T.3S. R. L.W. ~ NT ~~ PARCEL 'A' t SECTION CORNER SEE SHEET 6 f !5' WIDE E.B.R.P.D. TRAIL ~ASEMfNT, EV.A.E. d PRIVATE ICCESS EASEMENT IN BENEFIT OF >ER/ES NO. 02-15 17 58 20' W/Df W.C.E., E. B.R.P.D. TRAIL EASEMENT, EVA.E. d PR/VATE ACCESS EASMENT /N BENEFIT OF SfR/fS NO. Of-706548 ?0' WIDE EB.R.P.D. TRAIL EASEMENT, EVA.f. d PR/VATE ACCESS EASMENT IN BENfF/T OF PARCEL 'A' -PARCEL '1' WSEE SHEET 7 ^° o, E.B.R.P.D. SERIES NO. Of-206548 n v APN 941-0018-DOB O N PAACEL 'O' SEE SHEET 9 EB.R.P.D. SERIES N0. 98-331664 APN 941-0018-009 1/4 SECTION CORNER O S.F. lRl M-M I rl EVA.E. /P P.S.E. P.A.E. S.S.E W.L.E. D.S.R.S.D. EB.R.P.D. G. S.D.E. GHAD. S.D.E. lR1) SET CITY OF DUBLIN STANDARD STREET MONUMENT STAMPED LS 4746 FOUND STREET MONUMENT OF RECORD AS SHOWN SET 1' IRON P/PE TAGGED LS 4246 SET 5/8` REBAR AND CAP TAGGED LS 4146 SET REPLACEMENT 1'lP TAGGED LS 4246 UPON COMPLET/ON Of CONSTRUCTION FOR CAL TRANS MONUMENTS DISTURBED OR DESTROYED LOT LINE/ RIGHT OF WAY MONUMENT LINE EASEMENT L/NF TRACT 80UNDARY REL/NOUISHMENT OF ABUTTER'S R/GNTS; PRIVATE ACCESS PROHIBITED SOUARE FEET RAD/AL MONUMENT TO MONUMENT ro rAL EMERGENCY VEHICLE ACCESS EASEMENT 1' IRON PIPE PUBLIC SERV/CE EASEMENT PRIVATE ACCESS EASEMENT SANITARY SEWER EASEMENT IPUBLICI WATER LINE EASEMENT IPUBLICI DUBLIN SAN RAMON SERVICES D/STRICT EAST BAY REGIONAL PARK DISTRICT G.HA.D. STORM ORA/N EASEMENT IPUBLICl GEOLOGIC HAZARD ABATEMENT DISTRICT STORM GRAIN EASEMENT /PUBLIC/ - RECORD INFORMATION MAP REFERENCE CgUgT Z ~ ~~~ -TI f- ~ ~ j ~ f~ NB8'33Y3'W / 31n 20' WIDE EB.R.P.D. /l /i LIL/.E P D - - - tAK c _ _ 261258_ ~ a°j ~O ' TRAI( EASEMENT, d PRIVATE EVA E J ' PARCEL 'A-1' i , ~> w w . . I 1l 20 WIDE E.B.R.P.D. TRA/L .~- SEE SHEET 6 ~' q ~ m ACCESS EASEMENT 33 O ¢ -- / ___ ` ___,- EASEMENT, EVA.F. d PRIVATE pARCE1 :4' ~ ' ' ~ ° °jw ~> ^ IN BENEFIT OF P_47 ~ ACCESS EASEMENT IN SEE SHEET 6 PARCEL B-1 i7 i ~ci ifo2 N ,• PARCEL 'A-i' II ARCELS 'K' d 'J' BENEFIT OF PARCEL 'A' SEE SHEET B ofaoi 2 2 N26.33'I1'W ' ~ ~ l SEE SHEET 8 ' PARCEL 'U' PARCEL 'C' ' PARCEL E' 1 54.32 p A . CE 'G' SE PARCEL B SEE SHEET 6 SEE SHEET 9 "~ SEE SHEET B SEE SHEET 9 N64.56'2B"fl C3 ' " ' 78.03'55` p HBH8 ~ y ¢- N74--0b•3 - _.-_-- NBB'55'22'EL h95.647 1 SEE HEFT 9 ~~ ' L152,59 %LR fI ....._ ,;, 1N87V~d'dJ'fl ! LN7T3T39'EI 91 81' lRfl € ~ ' ~ 13 28 41 W _._. ~. ,48' \ ~~ N T1T05'{ ' `- 80.39' lR1 / IIRI/ P-4 (216.17 P-4Q N4 '19'STE1 l ~ ~ . - 122.22 lR1/ P-49 3 ' 3 8 ' 3. iB L -~ 30 ~ ~ P-34 ' ' ' /f .97%lR 1/ ~78.83'1/R E ' ~ C9 $, C8 ~ z S \" ~ A-5351 IN60 33 3 W d4%l 1260 LB ~ ~ A. ~ P-4 -P ' '3b'O1'I . fN8?:Og p9 T44 I/Ril /aa. 7;?<... _ ,_ Tlfl f~l _ ,,,. __1 75.00'M-A W a~3 RESOLUTION NO. - 09 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING PARTIAL RELEASE OF SECURITY ASSOCIATED WITH TRACT 6765, SCHAEFER RANCH -PHASE 2 IMPROVEMENTS (SCHAEFER RANCH HOLDINGS, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY) WHEREAS, Schaefer Ranch Holdings, LLC, a California Limited Liability Company, is the subdivider of Tract 6765, filed on March 8, 2007, in Book 297 of Maps at Pages 1 -51; and WHEREAS, the City of Dublin and Schaefer Ranch Holdings, LLC, previously entered into an Improvement Agreement that governed the Phase 2 Improvements on February 20, 2007, to improve said Tract in accordance with plans and specifications on file with the City Engineer (Resolution 17-07); and WHEREAS, said Improvement Agreement is secured by separate Performance and Labor and Materials Bonds, each in the amount of $13,175,100.00 (Bond No. 104757058) for the Phase 2 Improvements, issued by Travelers Casualty and Surety Company of America; and WHEREAS, the improvements for Tract 6765, Schaefer Ranch -Phase 2, are more than 75% complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, the work governed by this Improvement Agreement is currently under construction and is not considered approved or accepted; and WHEREAS, the Performance Bond, and the Labor and Materials Bond for Schaefer Ranch - Phase 2 Improvements can be partially released, in accordance with the authority contained in §66499.7 of the Government Code of the State of California; NOW, THEREFORE, BE IT RESOLVED that: 1. The original Performance Bond issued by Travelers Casualty and Surety Company of America in the amount of $13,175,100.00 (Bond No. 104757058) for Phase 2 Improvements be reduced to an amount of $3,293,775.00; and 2. The original Labor and Materials Bond issued by Travelers Casualty and Surety Company of America in the amount of $13,175,100.00 (Bond No. 104757058) for Phase 2 Improvements be reduced to an amount of $3,293,775.00. ATfAi^YBR z. 3~3 PASSED, APPROVED AND ADOPTED this 17th day of March, 2009, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk Mayor G:~DEVELOPMENT, PRIVAT1;1Schaefer Ranch~Improvement AgreementsiRESO_bond reduce~hase 2.doc