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HomeMy WebLinkAboutItem 4.05 IronHorseAptsPM7537AI CI'TY CLERK File # O AGENDA STATEMENT CITY COUNCIL MEETING DATE: February 18, 2003 SUBJECT: Acceptance of Improvements for Parcel Map 7537, "Iron Horse Trail Apartments" (Archstone Communities Trust) Report Prepared by: Lee S. Thompson, Public 14Zorks Director ATTACHMENTS: 1) Resolution 2) Location Map RECOMMENDATION:~~,~/q-~ Adopt the Resolution accepting improvements and approving the traffic control devices installed for ParCel Map 7537, "Iron Horse  ' Trail Apartments FINANCIAL STATEMENT: Archstone Communities Trust has provided a Maintenance Bond in the amount of $574,406.25 to guarantee against defects for one year. Once these improvements have been accepted, the City will incur maintenance and street sweeping costs for the City street improvements on Dougherty Road and Houston Place. Street light maintenance costs will be paid by the Street Lighting Maintenance Assessment District 83-1. Maintenance of landscaping between the sidewalk and property line along the frontages of Dougherty Road and Houston Place, and within the apartment complex will be performed by the owner/manager. DESCRIPTION: The Iron Horse Trail Apartments (Parcel Map 7537) is located at the northeast comer of Dougherty Road and Houston Place. The project consists of 177 apartment units on 6.38 acres, and included the widening of Dougherty Road and Houston Place along the project frontages and the extension of Houston Place northeast to the segment of Scarlett Drive built by the adjacent Scarlett Place project. The improvements have been constructed pursuant to the Tract Developer Agreement and to the satisfaction of the Director of Public Works, and should now be accepted by the City for permanent maintenance. The following regulatory traffic control devices will be accepted and approved as part of this project and added to the City of Dublin Traffic Code: A. Houston Place is designated as a "Through Street." (Traffic Code Chapter 6.08), B. Stop control device has been installed on the westerly approach of Houston Place at Dougherty Road (Traffic Code Section 6.16.020). COPIES TO: Miles Huber, Archstone Communities ITEM NO. ~ G:\DEVELOPkArchstonekAgstacpt_7537 .doc C. "No parking" restriction has been installed along the east side of Dougherty Road between Houston Place and the northerly parcel map boundary. D. "No parking vehicles over 20 feet in length" restriction has been installed along the north side of Houston Place between Dougherty Road and the easterly parcel map boundary. At the time the City and Archstone Communities Trust executed the Tract Developer Agreement, the developer provided a Performance Bond and a Labor and Materials Bond in the amount of $2,297,625 to guarantee performance of the work. Now that the work is complete, these bonds may be released in accordance with the authority contained in §66499.7 of the Government Code, and replaced with a Maintenance Bond in the amount necessary to guarantee the work for a one-year period following acceptance. The developer has provided a Maintenance Bond in the amount of $574,406.25, which is 25% of the original Performance Bond amount, and is sufficient to guarantee the improvements for a one-year period after acceptance. Staff recommends that the City Council adopt the Resolution accepting the improvements and approving the regulatory traffic control devices installed for Parcel Map 7537, "Iron Horse Trail Apartments". Page 2 RESOLUTION NO. - 03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTANCE OF IMPROVEMENTS FOR PARCEL MAP 7537 (IRON HORSE TRAIL APARTMENTS BY ARCHSTONE COMMUNITIES TRUST) AND APPROVING REGULATORY TRAFFIC CONTROL DEVICES WHEREAS, the subdivider of Parcel Map 7537, filed on October 12, 2001 in Book 260 of Maps at Pages 78 - 81, previously entered into an agreement with the City of Dublin to construct improvements in accordance with plans and specifications on file with the Director of Public Works, said Parcel Map identified as follows: a) Subdivider: Archstone Communities Trust, A Maryland Real Estate Investment Trust b) Project Location: Northeast coruer of Dougherty Road and Houston Place c) Project Size: 177 Apartment Units d) Resolution Approving Agreement: 138-01, City of Dublin City Council e) City Streets Affected: Dougherty Road and Houston Place WHEREAS, the improvements associated with Parcel Map 7537 are complete in accordance with said plans and specifications, and any approved modifications thereto, to the satisfaction of the Director of Public Works; and WHEREAS, the developer has installed certain regulatory traff~c control devices as a part of the project improvements; and WHEREAS, the original Performance Bond and Labor and Materials Bond can be released, in accordance with the authority contained in §66499.7 of the Government Code of the State of Califoruia, and replaced with a Maintenance Bond to guarantee the completed work for a one-year period following acceptance; NOW, THEREFORE, BE IT RESOLVED that: 1. The improvements completed with said project are hereby approved and accepted subject to a one-year guarantee period; and 2. The traffic regulatory devices installed by the developer are hereby included in the City of Dublin Traffic Code, said regulatory devices to include the following: a) Houston Place is designated as a "Through Street." b) Stop control device installed at the westbound approach of Houston Place at Dougherty Road. c) "No parking" restriction along the east side of Dougherty Road between Houston Place and to the northerly parcel map boundary. · d) "No parking vehicles over 20 feet in length" restriction along the north side of Houston Place between Dougherty Road and to the easterly parcel map boundary. 3. The original Performance Bond issued by Travelers Casualty and Surety Company of America (Bond No. 103601298) in the amount of $2,297,625.00 be released; and 4. The original Labor and Materials Bond issued by Travelers Casualty and Surety Company of America (Bond No. 103601298) in the amount of $2,297,625.00 be released; and 5. The submitted Maintenance Bond issued by Travelers Casualty and Surety Company of America (Bond No. 103601298) in the amount of $574,406.25 be accepted as security for the aforesaid one-year maintenance period, said period to commence on this date and terminate on the 18th day of February, 2004. PASSED, APPROVED AND ADOPTED this 18th day of February, 2003. AYES: NOES: ABSENT: ABSTAIN: Mayor ATTEST: City Clerk G:\DEVELOPhArchstone~resoacpt_7537 .doc 2 CATON HOUSTON PLACE / , PARC;I~L, A -PARC£L A F'-'--I PARCEL C r~) P~ 4008 P~ 70BO PM 4008 ' LOCATION MAP/~EX MAP ~ ~OT rO SCg~