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HomeMy WebLinkAboutRESOLUTIONS - 07261988 - 88-463 "Y THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on July 26, 1988 by the following vote: AYES: Supervisors Powers , Fanden, McPeak, Torlakson $ Schroder NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO.88/463 SUBJECT: Approval of the Final Map, Subdivision Agreement and Road : Improvement Agreement for Subdivision 6769, Martinez Area. The following documents were presented for Board approval this date: I. The Final Map of Subdivision 6769 , property located in the Martinez area, said map having been certified by the proper officials. II. A Subdivision . Agreement with Hidden Pond Partners, 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 agreement was accompanied by 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. 142950, dated July 11, 1988) in the amount of $2 , 200 made by C.K. Capital Management Corporation. B. Additional security in the form of a corporate surety bond dated July 7, 1988, and issued by Indemnity Company of California (Bond No. 959831S) with Hidden Pond Partners as principal, in the amount of $217, 100 for faithful performance and $109, 650 for labor and materials. III. A Road Improvement Agreement with Hidden Pond Partners, 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 a left turn pocket on Reliez Valley Road at Donegal Way. Said agreement was accompanied by 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. 143001, dated July 12, 1988) in the amount of $1, 000, made by Placer Title Company Escrow Trust. B. Additional security in the form of a cash deposit (Auditor's Deposit Permit No. 143001, dated July 12 , 1988) in the amount of $10, 250 ($6, 500 for faithful performance and $3 ,750 for labor and materials) made by Placer Title Company Escrow Trust. RESOLUTION NO. 88/463 IV. Letter from .the County Tax Collector stating that there are no unpaid County taxes heretofore levied on the property included in said map and that the 1987-88 tax lien has been paid in full and the 1988-89 tax lien, which became a lien on the first day of March, 1988 , is estimated to be $15, 000. Said tax letter was accompanied by security to guarantee the payment of taxes as required by Title 9 of the County Ordinance Code in the form of a surety bond, No. 959834S, issued by Indemnity Company of California with Hidden Pond Partners as principal, in the amount of $15,000 guaranteeing the payment of the estimated tax; NOW THEREFORE BE IT RESOLVED that said subdivision, together with the provisions for its design and improvement, is DETERMINED to be consistent with the County's general and specific plans. BE IT FURTHER RESOLVED that said Final Map is APPROVED and this Board does not accept or reject on behalf of the public any of the streets, paths, or easements shown thereon as dedicated to public use. BE IT FURTHER RESOLVED that said Subdivision Agreement and Road Improvement Agreement is also APPROVED. I hereby certify that this 13 a true and correct copy of an action tzPen and entered on the minutes of the Board of Ssipervlsors on the date shown. ATTESTED: JUL 2 6 1988 PHIL BATCHELOR,Clerk of the Board of Supervisors and C unty Administrator By ,Deputy Originator: Public Works (ES) cc: Director of Community Development Public Works - Construction Road Engineering C.K. Capital Management Corp. Hidden Pond Partners 153 Second Street, #103 Los Altos, CA 94022 Indemnity Company of California 333 Wilshire Avenue Anaheim, CA 92801 Placer Title Company Escrow Trust 1981 North Broadway, #100 Walnut Creek, CA 94596 BO:26.t7 RESOLUTION NO. 88/463