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THE CITY OF I 0 —•• • ' CITY COUNCIL AGENDA REPORT pLEASANTON January 21, 2020 Engineering TITLE: ACCEPT PUBLIC IMPROVEMENTS PERFORMED BY WORKDAY FOR A SIX-STORY OFFICE BUILDING LOCATED AT 6110 STONERIDGE MALL ROAD SUMMARY PUD-104 and PUD-81-22-14M approved the rezoning, development plan and related site improvements at 6002 and 6110 Stoneridge Mall Road. The project was constructed in three stages. Stage 1 relocated public and private utilities within 6110 Stoneridge Mall Road and public utilities within the public street of Stoneridge Mall Road. Stage 2 constructed improvements within Stoneridge Mall Road, including two traffic signals. Stage 3 constructed improvements within the public right-of-way and public service easement, improvements on the private property of Nordstorm, Inc. at 1600 and 1690 Stoneridge Mall Road; and Stoneridge Properties located at 1008 Stoneridge Mall Road. These public improvements have been constructed and are ready for acceptance. There are other offsite public improvements required of Workday as outlined in the PUD. Those improvements are currently under construction and a recommendation to accept them as complete will be presented to City Council at a future date. Those improvements include, widening of Canyon Way from two east-bound travel lanes to three east-bound travel lanes, widening Foothill Road and addition of a left-turn pocket from Foothill Road to Canyon Way, and widening of Stoneridge Mall Road creating a dedicate right turn lane onto westbound Stoneridge Drive. RECOMMENDATION 1. Accept the public improvements constructed for Workday. 2. Authorize the City Clerk to release the following bonds: • Public Improvement Agreement, Bond No. 018037146 in the amount of$410,000 by DPR Construction; • First Amendment to Public Improvement Agreement, Bond No. 018220431 in the amount of$1,369,000 by DPR Construction; • Second Amendment to Public Improvement Agreement, Bond No. 018220432 in the amount of$186,300 by DPR Construction. FINANCIAL STATEMENT There will be a minimal increase to the budget for the maintenance of public improvements. Tax revenue generally covers the increased cost to provide services and maintain infrastructure.