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Home My WebLink AboutItem 4.05 Sorrento East Neighborhood 8 So.or 19 82 /ii � 111 DATE: TO: FROM: SUBJECT STAFF REPORT CITY COUNCIL September 16, 2014 Honorable Mayor and City Councilmembers CITY CLERK File #600 -60 Christopher L. Foss, City Manager " Acceptance of Improvements for Tract 8065, Neighborhood 8 South, Sorrento East and Approval of Regulatory Traffic Control Devices (D.R. Horton Bay, Inc.) Prepared by Jayson Imai, Senior Civil Engineer EXECUTIVE SUMMARY: D.R. Horton Bay, Inc. has constructed the improvements for Tract 8065, Neighborhood 8 South, Sorrento East, in accordance with their Tract Improvement Agreement. It is now appropriate for the City to accept these improvements and approve the regulatory traffic control devices. FINANCIAL IMPACT: D.R. Horton Bay, Inc. has provided Maintenance Bonds (Bond Nos. 016059454, 016059453, and 016059452) in the amounts of $75,500.00, $99,250.00, and $63,000.00, respectively. All three of the bonds have been issued by Liberty Mutual Insurance Company to guarantee, for one year, the public and private improvements associated with Tract 8065 and the public improvements for Tract 7982 constructed with Tract 8065. Upon acceptance of the improvements, the City will incur annualized maintenance costs estimated to be $3,200 for street sweeping and street lighting (monthly), slurry seal (every five years) and asphalt concrete pavement overlay (every 20 years). RECOMMENDATION: Staff recommends that the City Council adopt the Resolution Accepting the Tract Improvements and Approving the Regulatory Traffic Control Devices for Tract 8065, Neighborhood 8 South, Sorrento East. u' bmitteb By Public Works Director DESCRIPTION: \ Reviewed By Assistant City Manager D.R. Horton Bay, Inc. (D.R. Horton) entered into a Tract Improvement Agreement with the City of Dublin on July 19, 2011, for the construction of street and other tract improvements for a portion of Tract 7982 (the Master Tract for the Sorrento East development) and Tract 8065, also known as Neighborhood 8 South of the Sorrento East development. These improvements Page 1 of 2 ITEM NO. 4.5 included construction of the streets internal to Neighborhood 8 South, including Araldi Lane. D.R. Horton Bay, Inc. provided Faithful Performance Bonds and Labor & Materials Bonds to guarantee construction of these public and private improvements. The tract improvements are now complete and the developer is requesting that the bonds for this work be released. D.R. Horton has provided a Maintenance Bond for Tract 8065 Public Improvements in the amount of $75,500.00 (Bond No. 016059454); a Maintenance Bond for Tract 8065 Private Improvements in the amount of $99,250.00 (Bond No. 016059453); and a Maintenance Bond for Tract 7982 public improvements constructed with Tract 8065 in the amount of $63,000.00 (Bond No. 016059452). The maintenance bonds are all issued by Liberty Mutual Insurance Company and the amounts are equal to twenty five percent (25 %) of the full cost to construct the respective improvements. 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. "STOP" signs and markings installed at the following intersections: • Araldi Lane at Lee Thompson Street • Araldi Lane at Capoterra Way NOTICING REQUIREMENTS /PUBLIC OUTREACH: A copy of this staff report has been sent to D.R. Horton Bay, Inc. ATTACHMENTS: 1. Reduced Copy of Tract 8065 Final Map 2 Resolution Accepting the Tract Improvements and Approving the Regulatory Traffic Control Devices for Tract 8065, Neighborhood 8 South, Sorrento East Page 2 of 2 ORIGINAL AMOUNTS IMPROVEMENTS STATUS Faithful Performance Labor & Materials Bond Bond (Bond No.) (Bond No.) Tract 8065 Public $302,000.00 $302,000.00 To Be Released Improvements (6679257) (6679257) Tract 8065 Private $397,000.00 $397,000.00 To Be Released Improvements (6679256) (6679256) Tract 7982 Public Improvements $252,000.00 $252,000.00 To Be Released constructed with (6679258) (6679258) Tract 8065 D.R. Horton has provided a Maintenance Bond for Tract 8065 Public Improvements in the amount of $75,500.00 (Bond No. 016059454); a Maintenance Bond for Tract 8065 Private Improvements in the amount of $99,250.00 (Bond No. 016059453); and a Maintenance Bond for Tract 7982 public improvements constructed with Tract 8065 in the amount of $63,000.00 (Bond No. 016059452). The maintenance bonds are all issued by Liberty Mutual Insurance Company and the amounts are equal to twenty five percent (25 %) of the full cost to construct the respective improvements. The following regulatory traffic control devices will be accepted and approved as part of this project and added to the City of Dublin Traffic Code: A. "STOP" signs and markings installed at the following intersections: • Araldi Lane at Lee Thompson Street • Araldi Lane at Capoterra Way NOTICING REQUIREMENTS /PUBLIC OUTREACH: A copy of this staff report has been sent to D.R. Horton Bay, Inc. ATTACHMENTS: 1. Reduced Copy of Tract 8065 Final Map 2 Resolution Accepting the Tract Improvements and Approving the Regulatory Traffic Control Devices for Tract 8065, Neighborhood 8 South, Sorrento East Page 2 of 2 - - " to , v w ; x2a 41-1 Ills 49 VIA ha go H cn C. tw J-4 0, v Z. �4 — Mig tz 01". co C$ sit v am 4 .P ---------------- GRAFTON STREET —Aqi,53LOUw 5q�wM-m — - — - — - — - N04*5YDCrW 222.86' BNDY NW20'02rW &09'BNDY Im - �-A 2 01 v 6 II N04*53'QTW 15B.57'_M-M _ sit v am 4 .P ---------------- GRAFTON STREET —Aqi,53LOUw 5q�wM-m — - — - — - — - N04*5YDCrW 222.86' BNDY NW20'02rW &09'BNDY Im - �-A 2 01 N05'20'03'W 92Z' W - -370-R — - — - - NW- 20'03 VW M-M LEE THOMPSON STREET ------------ Ent H08 HUM RESOLUTION NO. - 14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING THE TRACT IMPROVEMENTS AND APPROVING THE REGULATORY TRAFFIC CONTROL DEVICES FOR TRACT 8065, NEIGHBORHOOD 8 SOUTH, SORRENTO EAST (D.R. HORTON BAY, INC.) WHEREAS, D.R. Horton Bay, Inc., the developer of Tract 8065, previously entered into a Tract Improvement Agreement dated July 19, 2011, Resolution No. 125 -11, with the City of Dublin, to complete tract improvements associated with Tract 8065, in accordance with plans on file with the City Engineer; and WHEREAS, the developer originally provided a Faithful Performance Bond and a Labor and Materials Bond, each in the amount of $302,000.00 to guarantee the installation of Tract 8065 public improvements; and WHEREAS, the developer originally provided a Faithful Performance Bond and a Labor and Materials Bond, each in the amount of $397,000.00 to guarantee the installation of Tract 8065 private improvements; and WHEREAS, the developer originally provided a Faithful Performance Bond and a Labor and Materials Bond, each in the amount of $252,000.00 to guarantee the installation of Tract 7982 public improvements constructed with Tract 8065; and WHEREAS, the improvements are now complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer, and WHEREAS, certain traffic regulatory devices have been installed as part of the tract improvements; and WHEREAS, the Faithful Performance Bonds and Labor and Materials Bonds can be released, in accordance with the authority contained in Section 66499.7 of the Government Code of the State of California, "Manner of Release of the Security," and replaced with a Maintenance Bonds to guarantee the completed work for a one -year period; and WHEREAS, D.R. Horton Bay, Inc. has provided a Maintenance Bond in the amount of $75,500.00, issued by Liberty Mutual Insurance Company (Bond No. 016059454) to guarantee the Tract 8065 public improvements for a one -year period; and WHEREAS, D.R. Horton Bay, Inc. has provided a Maintenance Bond in the amount of $99,250.00 issued by Liberty Mutual Insurance Company (Bond No. 016059453) to guarantee the Tract 8065 private improvements for a one -year period; and 1 WHEREAS, D.R. Horton Bay, Inc. has provided a Maintenance Bond in the amount of $63,000.00 issued by Liberty Mutual Insurance Company (Bond No. 016059452) to guarantee the Tract 7982 public improvements constructed with Tract 8065 for a one -year period; NOW, THEREFORE, BE IT RESOLVED that: 1. The public improvements for Tract 8065 are hereby approved and accepted subject to a one -year guarantee period. 2. The submitted Maintenance Bond issued by Liberty Mutual Insurance Company in the amount of $75,500.00 (Bond No. 016059454) for the public improvements for Tract 8065, be accepted as security for the aforesaid one -year warranty period, said period to commence on this date and terminate on the 16th day of September, 2015. 3. The original Faithful Performance Bond issued by Safeco Insurance Company of America (Bond No. 6679257) in the amount of $302,000.00 for the Tract 8065 public improvements be released. 4. The original Labor and Materials Bond issued by Safeco Insurance Company of America (Bond No. 6679257) in the amount of $302,000.00 for the Tract 8065 public improvements be released in accordance with the requirements of Section 66499.7 of the Government Code of the State of California. 5. The private improvements for Tract 8065 are hereby approved subject to a one - year guarantee period. 6. The submitted Maintenance Bond issued by Liberty Mutual Insurance Company in the amount of $99,250.00 (Bond No. 016059453) for the private improvements for Tract 8065, be accepted as security for the aforesaid one -year warranty period, said period to commence on this date and terminate on the 16th day of September, 2015. 7. The original Faithful Performance Bond issued by Safeco Insurance Company of America (Bond No. 6679256) in the amount of $397,000.00 for the Tract 8065 private improvements be released. 8. The original Labor and Materials Bond issued by Safeco Insurance Company of America (Bond No. 6679256) in the amount of $397,000.00 for the Tract 8065 private improvements be released in accordance with the requirements of Section 66499.7 of the Government Code of the State of California. 9. The Tract 7982 public improvements constructed with Tract 8065 are hereby approved and accepted subject to a one -year guarantee period. 10. The submitted Maintenance Bond issued by Liberty Mutual Insurance Company in the amount of $63,000.00 (Bond No. 016059452) for the Tract 7982 public improvements constructed with Tract 8065, be accepted as security for the 2 aforesaid one -year warranty period, said period to commence on this date and terminate on the 16th day of September, 2015. 11. The original Faithful Performance Bond issued by Safeco Insurance Company of America (Bond No. 6679258) in the amount of $252,000.00 for the Tract 7982 public improvements constructed with Tract 8065 be released. 12. The original Labor and Materials Bond issued by Safeco Insurance Company of America (Bond No. 6679258) in the amount of $252,000.00 for the Tract 7982 public improvements constructed with Tract 8065 be released in accordance with the requirements of Section 66499.7 of the Government Code of the State of California. 13. The traffic regulatory devices installed by the developer within the development are hereby included in the City of Dublin Traffic Code, said regulatory devices to include the following: A. "STOP" signs and markings installed at the following intersections: • Araldi Lane at Lee Thompson Street • Araldi Lane at Capoterra Way PASSED, APPROVED AND ADOPTED this 16th day of September, 2014, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk 3 Mayor - - " to , v w ; x2a 41-1 Ills 49 VIA ha go H cn C. tw J-4 0, v Z. �4 — Mig tz 01". co C$ sit v am 4 .P ---------------- GRAFTON STREET —Aqi,53LOUw 5q�wM-m — - — - — - — - N04*5YDCrW 222.86' BNDY NW20'02rW &09'BNDY Im - �-A 2 01 v 6 II N04*53'QTW 15B.57'_M-M _ sit v am 4 .P ---------------- GRAFTON STREET —Aqi,53LOUw 5q�wM-m — - — - — - — - N04*5YDCrW 222.86' BNDY NW20'02rW &09'BNDY Im - �-A 2 01 N05'20'03'W 92Z' W - -370-R — - — - - NW- 20'03 VW M-M LEE THOMPSON STREET ------------ Ent H08 HUM RESOLUTION NO. - 14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ACCEPTING THE TRACT IMPROVEMENTS AND APPROVING THE REGULATORY TRAFFIC CONTROL DEVICES FOR TRACT 8065, NEIGHBORHOOD 8 SOUTH, SORRENTO EAST (D.R. HORTON BAY, INC.) WHEREAS, D.R. Horton Bay, Inc., the developer of Tract 8065, previously entered into a Tract Improvement Agreement dated July 19, 2011, Resolution No. 125 -11, with the City of Dublin, to complete tract improvements associated with Tract 8065, in accordance with plans on file with the City Engineer; and WHEREAS, the developer originally provided a Faithful Performance Bond and a Labor and Materials Bond, each in the amount of $302,000.00 to guarantee the installation of Tract 8065 public improvements; and WHEREAS, the developer originally provided a Faithful Performance Bond and a Labor and Materials Bond, each in the amount of $397,000.00 to guarantee the installation of Tract 8065 private improvements; and WHEREAS, the developer originally provided a Faithful Performance Bond and a Labor and Materials Bond, each in the amount of $252,000.00 to guarantee the installation of Tract 7982 public improvements constructed with Tract 8065; and WHEREAS, the improvements are now complete in accordance with said plans, and any approved modifications thereto, to the satisfaction of the City Engineer, and WHEREAS, certain traffic regulatory devices have been installed as part of the tract improvements; and WHEREAS, the Faithful Performance Bonds and Labor and Materials Bonds can be released, in accordance with the authority contained in Section 66499.7 of the Government Code of the State of California, "Manner of Release of the Security," and replaced with a Maintenance Bonds to guarantee the completed work for a one -year period; and WHEREAS, D.R. Horton Bay, Inc. has provided a Maintenance Bond in the amount of $75,500.00, issued by Liberty Mutual Insurance Company (Bond No. 016059454) to guarantee the Tract 8065 public improvements for a one -year period; and WHEREAS, D.R. Horton Bay, Inc. has provided a Maintenance Bond in the amount of $99,250.00 issued by Liberty Mutual Insurance Company (Bond No. 016059453) to guarantee the Tract 8065 private improvements for a one -year period; and 1 WHEREAS, D.R. Horton Bay, Inc. has provided a Maintenance Bond in the amount of $63,000.00 issued by Liberty Mutual Insurance Company (Bond No. 016059452) to guarantee the Tract 7982 public improvements constructed with Tract 8065 for a one -year period; NOW, THEREFORE, BE IT RESOLVED that: 1. The public improvements for Tract 8065 are hereby approved and accepted subject to a one -year guarantee period. 2. The submitted Maintenance Bond issued by Liberty Mutual Insurance Company in the amount of $75,500.00 (Bond No. 016059454) for the public improvements for Tract 8065, be accepted as security for the aforesaid one -year warranty period, said period to commence on this date and terminate on the 16th day of September, 2015. 3. The original Faithful Performance Bond issued by Safeco Insurance Company of America (Bond No. 6679257) in the amount of $302,000.00 for the Tract 8065 public improvements be released. 4. The original Labor and Materials Bond issued by Safeco Insurance Company of America (Bond No. 6679257) in the amount of $302,000.00 for the Tract 8065 public improvements be released in accordance with the requirements of Section 66499.7 of the Government Code of the State of California. 5. The private improvements for Tract 8065 are hereby approved subject to a one - year guarantee period. 6. The submitted Maintenance Bond issued by Liberty Mutual Insurance Company in the amount of $99,250.00 (Bond No. 016059453) for the private improvements for Tract 8065, be accepted as security for the aforesaid one -year warranty period, said period to commence on this date and terminate on the 16th day of September, 2015. 7. The original Faithful Performance Bond issued by Safeco Insurance Company of America (Bond No. 6679256) in the amount of $397,000.00 for the Tract 8065 private improvements be released. 8. The original Labor and Materials Bond issued by Safeco Insurance Company of America (Bond No. 6679256) in the amount of $397,000.00 for the Tract 8065 private improvements be released in accordance with the requirements of Section 66499.7 of the Government Code of the State of California. 9. The Tract 7982 public improvements constructed with Tract 8065 are hereby approved and accepted subject to a one -year guarantee period. 10. The submitted Maintenance Bond issued by Liberty Mutual Insurance Company in the amount of $63,000.00 (Bond No. 016059452) for the Tract 7982 public improvements constructed with Tract 8065, be accepted as security for the 2 aforesaid one -year warranty period, said period to commence on this date and terminate on the 16th day of September, 2015. 11. The original Faithful Performance Bond issued by Safeco Insurance Company of America (Bond No. 6679258) in the amount of $252,000.00 for the Tract 7982 public improvements constructed with Tract 8065 be released. 12. The original Labor and Materials Bond issued by Safeco Insurance Company of America (Bond No. 6679258) in the amount of $252,000.00 for the Tract 7982 public improvements constructed with Tract 8065 be released in accordance with the requirements of Section 66499.7 of the Government Code of the State of California. 13. The traffic regulatory devices installed by the developer within the development are hereby included in the City of Dublin Traffic Code, said regulatory devices to include the following: A. "STOP" signs and markings installed at the following intersections: • Araldi Lane at Lee Thompson Street • Araldi Lane at Capoterra Way PASSED, APPROVED AND ADOPTED this 16th day of September, 2014, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk 3 Mayor