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HomeMy WebLinkAboutRESOLUTIONS - 02061990 - 90/90THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on February 6, 1990 by the following vote: AYES: Supervisors Powers , Schroder, McPeak, Torlakson & Fanden NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO. go/g0 SUBJECT: Amending Subdivision Agreement and Refund of Cash Deposited for Improvement Security, Subdivision MS 4- 88, Danville area. On February 28, 1989, this Board approved the Parcel Map and Subdivision Agreement for Subdivision MS 4-88 with Harvey E. Levine, Subdivider of property located in the Danville area. The Subdivision Agreement was accompanied by security in the form of a cash deposit (Auditor's Deposit Permit No. 152410, dated February 15, 1989) in the amount of $25,550 ($16,700 for faithful performance and $8,850 for labor and materials) made by Harvey E. Levine. The Public Works Director having notified this Board that the subdivider has requested that the Subdivision Agreement be amended to allow the acceptance of a corporate surety bond as substitute improvement security for said cash deposit. The Public Works Director having presented to this Board a corporate surety bond dated November 29, 1989, and issued by Indemnity Company of America (Bond No. 985831S) with Harvey E. Levine as principal, in the amount of $16,700 for faithful performance and $8,850 for labor and materials, as acceptable substitute improvement security. NOW THEREFORE BE IT RESOLVED that the Subdivision Agreement for Subdivision MS 4-88, is hereby AMENDED to allow the acceptance of the corporate surety bond on substitute improvement security. BE IT FURTHER RESOLVED that the Public Works Director is AUTHORIZED to refund the $25,550 cash security (Auditor's Deposit Permit No. 152410, dated February 15, 1989) plus interest in accordance with Government Code Section 53079, if appropriate, to Harvey E. Levine pursuant to the requirements of the Ordinance Code. I hereby certify that this Is a Trus and correct Copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED FEB 6 1990 PHIL BATCHELOR,Clerk of the Board Originator: Public Works (ES) Of SujWvls a and County AdminMmtw n,' cc: Public Works - Accounting orConstruction Harvey E. Levine 179 Oak Road Danville, CA 94526 Indemnity Company of America 333 Wilshire Avenue Anaheim, CA 92801 SYM:mg BO: 6.t2 RESOLUTION NO.90/90