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HomeMy WebLinkAboutRESOLUTIONS - 11181986 - 86-668 _ n THE -BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on November 18, 1986 by the following vote: AYES: Supervisors Fanden, Schroder, Torlakson and McPeak NOES: None ABSENT: Supervisor Powers ABSTAIN: None RESOLUTION NO.86/668 SUBJECT: Approval of a Substitute Subdivision Agreement, Subdivision MS 72-77, Walnut Creek Area. The following document was presented for Board approval this date: A substitute Subdivision Agreement with Lafferty Developments, Inc. , subdivider, whereby said subdivider agrees to complete all improvements as required in said Subdivision Agreement within one year from the date of said agreement; Said document was accompanied by the following: Security to guarantee the road and drainage improvements as required by Title 9 of the County Ordinance Code, as follows: a. Cash deposit (Aud,itor' s Deposit Permit No. 115535, dated October 24, 1986 ) in the amount of $1 , 000 , made by Lafferty Developments, Inc. b. Additional security in the form of a corporate surety bond dated October 12, 1986, and issued by Indemnity Company of California (Bond No . 932282S ) with Lafferty Developments , Inc . as principal , in the amount of $44,700 for faithful performance and $22,850 for labor and materials. NOW THEREFORE BE IT RESOLVED that said substitute Subdivision Agreement is APPROVED. BE IT FURTHER RESOLVED that the Substitute Subdivision Agreement with Herman J. Tijsseling Construction Company, as approved by the Board on July 24, 1979, is TERMINATED, the improvement security Letter of Credit #1064 with Diablo State Bank is EXONERATED and the Public Works Director is AUTHORIZED to refund the cash deposit (Auditor' s Deposit Permit No. 21527, dated July 12, 1979) in the amount of $1 ,000, plus interest in accordance with Government Code Section 53079, if appropriate, to Herman J. Tijsseling Construction Company. I hereby certify tha;chis is a tsue and correct copy at an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: Nov 18 1986 Development PHIL BATCHELOR, Clerk of the Board cc: Director of Community De Originator: Public Works ( of Suporvisors and County Administrator f'` Public works - Accounting ' - Construction gy ,� , Davufy Lafferty Developments, Inc. 4572 Winter Court Pleasanton, CA 94566 Herman J. Tijsseling Construction 665 Lancaster Road Walnut Creek, CA 94595 Indemnity Company of California 333 Wilshire Anaheim, CA 92801 Diablo State Bank 355 Hartz Avenue Danville, CA 94526 BO:18.t11 RESOLUTION NO. 86/668