HomeMy WebLinkAboutCC Res 5056 2002-09-09
RESOLUTION NUMBER~
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEAL BEACH ACCEPTING PUBLIC IMPROVEMENTS AND
AUTHORIZING THE RELEASE OF SECURITY FOR
BEACHWALK 7, LLC, TRACT NO. 15832
WHEREAS, the City Engineer has provided certification to the City Council of the CIty of I
Seal Beach that all public improvements and survey monllments related to
Beachwalk 7, LLC, Tract No. 15832, City of Seal Beach, State of California,
have been complefed in a satisfactory manner.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Seal Beach
that all Pllblic Improvemenfs related to Beachwalk 7, LLC, Tract No. 15832, in the Ctty of Seal
Beach, State of California, be and the same are hereby accepted and the following bonds posted
with the City of Seal Beach securing the installation of said public improvements and survey
monuments and related work are lIereby exonerated and released'
1. Faithful Performance Bond No. BE2617216 in the amount of $239,627.50 provided by
GlllfInsurance Company.
2 Monllment Bond No. BE 2617218 in the amollnt of $4,000.00 provided by Gulf
Insurance Company.
BE IT FURTHER RESOLVED by the CIty Council of tile City of Seal Beach that the
following bonds, reduced as noted, shall remain in effect for one (I) yeal Irom the date of this
resolution to provide for replllr of defective work and to provide secllnty for labor and materllll
claims that may be filed against the CIty of Seal Beach and that said following bonus shall, at the
end of the one (I) year period, be exonerated and released:
1. Labor and Materials Bond No. BE 2617216 in the original amount of $239,627.50
plOvided by Gulf Insurance Company, reduced to $100,000 00.
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2. Warranty Bond No. BE 2617218 in the full original amount of $59,906.88 provided by
GulfInsllrance Company.
ABSENT: Councilmembers
PASSED, APPROVED AND ADOPT~ the City Council oft
at a meeting thereof held on the _ day 0
2002.
AYES: Counctlmembe
NOES: Councilmembers
ABSTAIN: Councilmembers
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Mayor Jolm Larson
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Resolution Number ~~~
STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF SEAL BEACH
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Resolution Number ~~~
CITY OF SEAL BEACH
CITY ENGINEER CERTIFICATION
OF COMPLETION OF SUBDIVISION PUBLIC IMPROVEMENTS AND SETTING
OF SURVEY MONUMENTS AND RECOMMENDATION TO RELEASE SECURITY
RELATED TO BEACI-IWALK 7, LLC TRACT NO. 15832
I, Douglas A. Danes, City Engmeer for the City of Seal Beach, do herby cerl1fY that all of
tile subdivision public improvements and survey monwnents related to the Beachwalk 7,
LLC Tract No. 15832, City of Seal Beach, State of California, which Tract No. 15832 IS
located on the northwesterly sidc of Seal Beach Boulevard southerly ofthe PacIfic Coast
Htghway, have been completed in a satisfactory manor.
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I therefore recommend that all of the subdivlSlon pubhc improvements related to the
Beachwalk 7, LLC Tract No. 15832 in the City of Seal Beach, Stafe of Cahfomia, be
accepted by the City of Seal Beach and that the following bonds posted with the City of
Seal Beach sccurmg the installation of saId pubhc improvements and survey monuments
and related work be exonerated and relcased:
Faithful Performance Bond No. BE2617216 in the amount of $239,627.50
provIded by GulfInsurance Company.
2. Monument Bond No. BE 2617218 m the amount of $4,000.00 provided by Gulf
Insurance Company.
I addItionally recommend that the followmg bonds, redllced as noted, remain in effect for
one (I) year from the date of approval of the Seal Beach CIty Council Resollltion
Accepting Pubhc Improvements and Releasing Bonds for Beachwalk 7, LLC Tract No.
15832 in the Cify of Seal Beach, State of Cahfomia, in order to prOVIde fot repair of
defective work and to provide secllrity for labor and matenal claims that may be filed
against the City of Seal Beach and recommend that said following bonds, at the end of
the one (I) year penod, be exonerated and released:
I. Labor and Materials Bond No. BE 26172 16m the original amount of $239,627 50
proVIded by GulfInsurance Company, reduced to $100,000.00.
2. Warranty Bond No. BE 2617218 in the full original amount of $59,906.88
provtded by Gulf Insllrance Company.
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CERTIFIED this
t2\ ~) t-
day of
.Iiv~u~ 1-
,2002
. Danes, P.E, City Engineer for the CIty of Seal Beach
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