HomeMy WebLinkAboutRESOLUTIONS - 10111994 - 94-483 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Resolution on October 11, 1994 by the following vote:
AYES: Supervisors Smith,', `�3 shop, DeSaulnier, :Torlakson and Powers
NOES: None
ABSENT: None
ABSTAIN: None .
RESOLUTIO1__NO.._94/483
SUBJECT: Approval of a Substitute Subdivision Agreement, Subdivision 6935 and 7809,
Oakley Area.
The following document was presented for Board approval this date:
A substitute Subdivision Agreement with Kaufman and Broad of Northern California, 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(Auditor's Deposit Permit No. 250374, dated September 27,
1994) in the amount of$12,568, made by Kaufman and Broad of Northern
California, Inc.
b. Additional security in the form of a corporate surety bond dated September
23, 1994, and issued by American Casualty Company of Reading
Pennsylvania and the American Insurance Company. (Bond
No. 137575504-AMCAS and 11133152139-AIC) with Kaufman and Broad
of Northern California, Inc. as principal, in the amount of$1,244,232 for
faithful performance and $622,116 for labor and materials.
NOW THEREFORE BE IT RESOLVED that said substitute Subdivision Agreement is
APPROVED.
BE IT FURTHER RESOLVED that the Subdivision Agreement with ATC Realty Sixteen
Inc, as approved by the Board on February 1, 1994, is TE MATED, the improvement security
instrument of credit dated August 6,1993 issued by Wells Fargo Bank is EXONERATED and the
Public Works Director is AUTHORIZED to refund the cash deposit (Auditor's Deposit Permit
No. 237231, dated January 12, 1994) in the amount of$10,200, plus interest in accordance with
Government Code Section 53079, if appropriate, to ATC Realty Sixteen Inc.
Contact: Rich Lierly -313-2348
Originator: Public Works(ES)
cc: Director of Community Dev.
Public works-Accounting 1 hereby c ertify that this Is a true and correct eMof
-Construction an action taken and entered on the minutes of the
Kaufman&Broad of Northern California,Inc. Board of Supt r}�rs qn �date shown.
6379 Clark Avenue ATTE3TE0.—tJ1��-�� 7!rl c)
Dublin,CA 94568 PHIL BATCHELOR Cle O the Board
Of Supervisors and G''ounty Administrator
Wells Fargo Bank
4643 South Ulster St.#1400 �ll.0
Denver,CO 80237 By rt1nA - ��►�� .00puty
American Casualty Company
of Reading Pennsylvania
The American Insurance Co.
3530 Wilshire Blvd.
Los Angeles,CA 90010
ATC Realty Sixteen,Inc.
1960 E.Grand
El Segundo,CA 90245
RCL:cl
BO:11.t10 RESOLUTION NO. 94/483