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HomeMy WebLinkAboutRESOLUTIONS - 01051988 - 88-16 ,2.2 B THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on January 5, 1988 by the following vote: AYES: Supervisors Powers , Fanden, Schroder, Torlakson & McPeak NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO.88/16 SUBJECT: Approval of the Road Improvement Agreement (Vintage Parkway) for Subdivision 6862, Oakley Area. The following document was presented for Board approval this date for Subdivision 6862, property located in the Oakley area. A Road Improvement Agreement with Hofmann Company, developer, whereby said developer agrees to complete all improvements as required in said Road Improvement Agreement within one year from the date of said agreement. Improvements generally consist of approximately 3 , 400 lineal feet of Vintage Parkway and Stage I improvements to Highway 4 . Said document was accompanied by the following: Security to guarantee the completion of road and drainage improvements as required by Title 9 of the County Ordinance Code, as follows: a. Cash deposit (Auditor's Deposit Permit No. 133708, dated December 18, 1987) in the amount of $3 ,935, made by Hofmann Company. b. Additional security in the form of a corporate surety bond dated December 17, 1987, and issued by The American Insurance Company (Bond No. SC 646 34 65) with Hofmann Company as principal, in the amount of $389, 565 for faithful performance and $196, 750 for labor and materials. NOW THEREFORE BE IT RESOLVED that said Road Improvement Agreement is APPROVED. I hereby certify that this is a true andcorrect copy of an action taken and entered on the minutes of+tie Board of Supervisors on the date shown. ATTESTED: JAN 5 I9Rs - . PHIL BATCHELOR, Clark of the Sward of Supervisors and County Administrator P 6y ■ill%�:mom.� ��(L�l�!/ ,Deputy Originator: Public Works (ES) cc: Director of Community Development Public Works - Construction (TBM 22D5) Hofmann Company P.O. Box 907 Concord, CA 94522 The American Insurance Company P.O. Box 3116 San Francisco, CA 94119 BO: 5.t1 RESOLUTION NO. 88/16