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HomeMy WebLinkAboutItem 4.04 Dublin Transit Ctr PM 7892 CITY CLERK File # D[i][Q][Q]-[6][Q] 59()-'lfO AGENDA STATEMENT CITY COUNCIL MEETING DATE: March 18, 2008 SUBJECT: Acceptance of Improvements for Parcel Map 7892 and Approval of Regulatory Traffic Control Devices (Dublin Transit Center) Report Prepared by: Melissa Morton, Public Works Dire~ 1) Resolution Accepting Imprpvements for Parcel Map 7892 and Approving Regulatory Traffic Control Devices 2) Site Maps ATTACHMENTS: RECOMMENDATION: ~ Adopt the resolution Accepting huprovements for Parcel Map 7892 and Approving Regulatory Traffic Control Devices. ~ FINANCIAL STATEMENT: AvalonBay Communities, Inc., has provided a Warranty Bond (Bond No. 105058093 issued by International Fidelity Insurance Company) in the amount of$514,300 to guarantee the improvements associated with Parcel Map 7892 for one year. The City will incur maintenance costs for these improvements. DESCRIPTION: Parcel Map 7892 subdivided property owned by the Surplus Property Authority of the County of Alameda (ACSP A) and is referred to as Sites D & E, which are the eastern portion of the Dublin Transit Center. This parcel map dedicated right-of-way for Martinelli Way, Campus Drive, Arnold Road and Altamirano Avenue. The improvements associated with Parcel Map 7892 are for portions of DeMarcus Boulevard, Iron Horse Parkway, Martinelli Way, Campus Drive, Altamirano Avenue and the Dublin Boulevard median. A valonBay Communities, Inc., has constructed the improvements for the ACSP A in accordance with the Improvement Agreement for Parcel Map 7892. A valonBay Communities, Inc., provided a Performance Bond, and a Labor and Materials Bond issued by Arch Insurance Company, each in the amount of $2,057,200 for the improvements associated with Parcel Map 7892. These bonds may now be released in accordance with the authority contained in 966499.7 of COpy TO: Pat Cashman, ACSP A Jeff White, A valonBay Communities, Inc. Page 1 of2 ITEMNO.~ G:\DEVELOPMENT, PRIV A TE\Dublin Transit Ctr\PM 7892\agenda statement accept imp.doc the Government Code. AvalonBay Communities, Inc., has provided a Warranty Bond issued by Travelers Casualty and Surety Company of America in the amount of $514,300 (Bond No.105058093) for the improvements associated with Parcel Map 7892. Staff recommends that the City Council adopt the resolution Accepting Improvements for Parcel Map 7892 and Approving Regulatory Traffic Control Devices. Page 2 of2 1~4 RESOLUTION NO. - 08 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ********* ACCEPTANCE OF IMPROVEMENTS FOR PARCEL MAP 7892 AND APPROVING REGULATORY TRAFFIC CONTROL DEVICES WHEREAS, Surplus Property Authority of the County of Alameda, A Public Corporation, and AvalonBay Communities, Inc., the subdivider of Parcel Map 7892, filed on April 14, 2005, in Map Book 280, at Pages 83-85, previously entered into an Improvement Agreement for Parcel Map 7892 with the City of Dublin dated April 5, 2005, Resolution 53-05, to complete required improvements for said Parcel Map in accordance with plans on file with the City Engineer; and WHEREAS, the improvements associated with Parcel Map 7892 are complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer; and WHEREAS, certain regulatory traffic control devices have been installed as part of these improvements; and WHEREAS, the Performance Bond, and the Labor and Materials Bond can be released, in accordance with the authority contained in 966499.7 of the Government Code of the State of California, and replaced with a Warranty Bond to guarantee the completed work for a one-year period following acceptance; and WHEREAS, AvalonBay Communities, Inc., has provided a Warranty Bond to guarantee the improvements for a one-year period; NOW, THEREFORE, BE IT RESOLVED that: 1. The improvements associated with Parcel Map 7892 are hereby approved and accepted subject to a one-year guarantee period; and 2. The original Performance Bond issued by Arch Insurance Company in the amount of $2,057,200 for the improvements associated with Parcel Map 7892 (Bond No. SUI 006064) be released; and 3. The original Labor and Materials Bond issued by Arch Insurance Company in the amount of $2,057,200 for the improvements associated with Parcel Map 7892 (Bond No. SUI006064) be released; and 4. The submitted Warranty Bond issued by Travelers Casualty and Surety Company of America in the amount of $514,300 for the improvements associated with Parcel Map 7892 (Bond No. 105058093) be accepted as security for the aforesaid one-year warranty period, said period to commence on this date and terminate on the 4th day of March, 2009. 1 ~Tri_1 d~'-t 5. The regulatory traffic control devices installed as part of the improvements associated with Parcel Map 7892 are hereby included in the City of Dublin Traffic Code, said regulatory devices to include the following: a) Stop Sign eastbound on Altamirano Avenue at Arnold Road. b) Stop Sign southbound on Campus Drive at Altamirano Avenue. c) Four-way stop signs at the Iron Horse Parkway and Martinelli Way/Campbell Green intersection. d) Four-way stop signs at the DeMarcus Boulevard and Campbell Lane/Campbell Green intersection. e) Two hour parking limit between 7 AM and 6PM on both sides of Iron Horse Parkway north of Martinelli Way. f) No Parking on both sides of DeMarcus Boulevard north of Campbell Green g) No Parking on both sides of Martinelli Way between Iron Horse Parkway and Arnold Road h) No Parking on both sides of Altamirano Avenue between Campus Drive and Arnold Road. i) No Parking on both sides of Campus Drive north of Altamirano Avenue. PASSED, APPROVED AND ADOPTED this 18th day of March, 2008, by the following vote: YES: NOES: ABSENT: ABSTAIN: Janet Lockhart, Mayor ATTEST: City Clerk G:\DEVELOPMENT, PRIV A TE\Dublin Transit Ctr\PM 7892\Reso acpt imps.doc 2 il I .~, ,1llI1 'II ~t I." ~~l J; cl;l: I: <"w L~ :~ L I~ I I ,8,;;, 1 MI ~~ ::-:._=_} ~l r ~~ --------,....., .... ... --- , '- t--'>...;<- '- _ __J ~ --L... I I <I I;~ J I: ,i~l I J '*1 . I .,: :1 til .1 t: ~I n ~I .~~ ~J !~ U ,110. .. N ?= ....;: i~ o..m Si- <l 11\ ~ CO C III J;:~_ ! c.. III <Ic~ .. ;;: -~f,l a~~ ~5~ ! l< ... ~~ ~~ ~i ~; ,....------...... ,.." .. 48 ....... ~;' ~ i ...., I' . au. " I '" ~In , / C lo.l; .. k: . O'l'O~ a'IlNljY , , Ii.!" I" r \ I ~ E~ ii II :i .tf.r~.. . :t \ I :l (1.1;1; .. " Il1:ltl _II: I ~.. NIl~V~1G1Il l!l.1l I \ AW"'OVO. i J \ ...'to I , ~,n;D' , I , I , I , ,/ " ~, ... ..." ......------ "".. ~,:. }::= E~ m ..... .. N<..l ....~::I!<1; 'd:E..... 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