HomeMy WebLinkAboutReso 013-86 Tr4929 ImprvmtAccep RESOLUTION NO. 13-86
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
FOR THE ACCEPTANCE OF IMPROVEMENTS
TRACT 4929
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: Dilsville
b) Tract location: Southwest side of Betlen Drive,
opposite Dillon Way
c) Tract size: 8 lots
d) Resolution approving Final Map: No. 23-84 City
Council of Dublin
e) City streets affected: Inclined Place
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, the
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; and
WHEREAS, as the tract work is now completed, the
original letter of credit 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:
1. The improvements completed within the said tract
be, and they are hereby approved and accepted subject to the
aforesaid one-year guarantee; and
2. The aforesaid original letter of credit security
requirement be reduced from the amount of $147,000 to a revised
security requirement in the amount of $36,750 upon acceptance by
Staff of the replacement maintenance bond in the said amount of
$36,750 as security for the aforesaid one-year guarantee period,
and the Mayor of this City Council be, and he is hereby
authorized and directed to execute the said bond on behalf of the
said City of Dublin; and
3. The said original letter of credit in the amount of
$147,000 posted in connection with the work involved in the
construction of the said tract be hereby released upon acceptance
of said maintenance bond.
PASSED, APPROVED, AND ADOPTED this t0th day of
February, 1986.
AYES:
Councilmembers Hegarty, Jeffery, Moffatt,
Vonheeder and Mayor Snyder
NOES: None
ABSENT: None
ATTEST: