HomeMy WebLinkAboutMINUTES - 08091988 - 1.14 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Resolution on August 9, 1988 by the following vote:
AYES: Supervisors Powers , Fanden, McPeak, Torlakson & Schroder
NOES: None
ABSENT: None
ABSTAIN: None RESOLUTION NO. 88/507
SUBJECT: Exonerate Performance Bond, Subdivision MS 89-86,
Walnut Creek Area.
On June 14, 1988 this Board accepted the subdivision
improvements for Subdivision MS 89-86 as complete thereby
establishing the six month lien period for the labor and
materials bond and one year warranty period for the performance
bond in accordance with the subdivision agreement with Oakvale
Properties.
The Public Works Director having reported that most of the
subdivision improvements are private improvements and do not
require a one year warranty period, and that the $1, 000 cash
deposit (Auditor's Deposit Permit No. 122515, dated April 6,
1987) is sufficient security for the one year warranty period for
the public improvements and therefore recommends the performance
bond be exonerated.
NOW THEREFORE BE IT RESOLVED that the performance bond (Bond
No. 1115550) issued by Amwest Surety Insurance Company is
exonerated.
1 hereby certify t`at this is a true and correct COPY of
an action taken and entared on the minutes of the
Board of Supervisors on t:"a date shown.
ATTESTED: AIIA q 1988
PHIL SATCir9'MY1, Cletk c!tine Board
of Superviscm-z znd County Administrator
BY �/�K Y.a�� ,Deputy
Originator: Public Works (ES)
cc: Public Works - Accounting
Construction
Oakvale Properties
1910 Olympic Boulevard, #333
Walnut Creek, CA 94596
Amwest Surety Insurance Company
100 California Street, #720
San Francisco, CA 94111
BO:9.t8
RESOLUTION NO.88/507