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HomeMy WebLinkAboutItem 4.10 DubGreene Tr7084 AICI'TY CLERK FILE # 600-60 AGENDA STATEMENT CTTY COUNCZL MEETZNG DATE: February 20, 2001 SUBJECT: Acceptance of Improvements for Tract 7084, Dublin Greene (Toll Brothers) Report Prepared by: Lee S. Thompson, Public Works Director ATTACHMENTS: 1) Resolution 2) Location Map RECOMMENDATION: 1 ) Adopt Resolution accepting the improvements on Dublin Boulevard, Tassajara Road, Central Parkway, Glennis Rose Drive, and other public streets within the Subdivision Release Performance Bond and accept maintenance bond FINANCIAL STATEMENT: A maintenance bond in the amount of $2,466,202.50 has been provided to the City to guarantee against defects for street improvements, landscaping and other improvements for a period of one year° Street lighting maintenance costs for public street lighting will be paid by the Citywide Street Light Maintenance Assessment District. Once accepted, the maintenance of street-side landscaping along Dublin Boulevard, and Central Parkway will be paid for through the Eastern Dublin Landscape Maintenance Assessment District, and the maintenance of landscape within the medians will be paid from the City's General Fund. DESCRIPTION: Tract Map 7084 is a Planned Development (PD) Subdivision located in the Eastem Dublin Specific Plan area, bounded by Tassajara Creek on the west, Dublin Boulevard on the south, and Central Parkway on the north. Tract Map 7084 consists of 100 single-family residential units, 43 patio homes and 152 apartments. The public street improvements in dedicated rights-of-way and easements within Tract 7084 will be maintained by the City. Improvements within and along the frontages of Tract 7084 have been inspected by the City Engineer, and are complete, except for landscape improvements, which are being installed under separate permit and g :\develop\tollbros\agstacpt7084 COPIES TO: Bill Morrison, Toll Bros ITEM NO. securities. The developer has requested that the City accept the public street improvements that have been fully completed as required by the Tract Developer Agreement. The developer has completed various off-site improvements, such as the widening of Dublin Boulevard, Central Parkway, Glynnis Rose Drive, and on-site streets valued at $9,864,810. In accordance with the authority contained in Section 66499.7 of the Government Code, the performance security requirement for the work that is complete can now be reduced to an amount necessary to guarantee maintenance of the improvements for a one-year period following acceptance of the work. The developer has provided a new maintenance bond in the amount of $2,466,202.50, which is 25% of the original bond required and sufficient to cover the maintenance guarantee period of one year from the date of acceptance of the improvements. Staff recommends that Council adopt the Resolution to accept the work as complete on Tract 7084, Dublin Greene (Toll Brothers), release the Performance bond in the amount of $9,864,810 and accept a maintenance bond in the amount of $2,466,202.50. 2 RESOLUTION NO. - O1 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING IMPROVEMENTS FOR TRACT 7084, DUBLIN GREENE (TOLL BROTHERS) 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: b) Tract Location: c) Tract Size: d) Final Map: e) City Streets Affected: Toll Brothers Bounded by Tassajara Creek on the west, Dublin Boulevard on the south, Central Parkway on the north, and Tassajara Road on the east 100 Single-Family Lots Approved by City Council of Dublin on August 17, 1999 Dublin Boulevard, Central Parkway, Glynnis Rose Drive, Bangor Court, Belcarra Court, Roscommon Way, Foxford Way, and O'Ryan Street WHEREAS, said improvements have been completed in accordance with said plans and specifications, and any approved modifications thereof, to the satisfaction of said City Engineer of the City of Dublin; and WHEREAS, as a condition of said contract, 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; WHEREAS, as 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: The improvements completed within the said Tract be, and they are hereby approved and accepted subject to the aforesaid one-year guarantee; and The said original performance bonds in the amounts of $9,864,810 posted in connection with the work involved in the construction of said Tract be released upon acceptance of said maintenance bond in the amount of $2,466,202.50. The remainder of the bonds posted for landscape improvements, the Vineyard Recreation Area and the Neighborhood Park will .be will be released upon satisfactory completion and acceptance of said improvements. PASSED, APPROVED AND ADOPTED this 20th day of February, 2001. AYES: NOES: ABSENT: ABSTAIN: ATTEST: Mayor City Clerk g.' deve lop ~ toIlbros ~resoacceptance 7084 2 I V~CiNITY MAP '3'" FOR SIIEEr INDEX. SEE SItEET 3 ~ ~n',s f fi75 ~t~ ~O ' I ~. .............. ~..]- ' , . - ~~ · AB 65698 , , ~ . -- ' ' ' .... - ...... ~ / ..... ~-..' ,..L_ ,- ..... . . 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