HomeMy WebLinkAboutRESOLUTIONS - 04101990 - 90/214Recorded at- the%request of:
Contra'Costa County
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THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Resolution on April 10, 1990 by the following vote:
AYES: Supervisors Powers , Schroder, McPeak , Torlakson & Fanden -
NOES: None
ABSENT: None
ABSTAIN: None RESOLUTION NO. 90/214
SUBJECT: Completion of Improvements and approval of Road
Improvement Agreement for Highway 4 at Laurel Road for,
Subdivision 5946, Oakley Area.
On October 21, 1986, this Board approved a Road Improvement
Agreement for Subdivision 5946 with Hal Porter Development
Company Incorporated, developer, whereby said developer agreed to
complete all improvements as required in said Road Improvement
Agreement.The improvements generally consists of improving
Laurel Road east of Highway 4, constructing a bridge across Marsh
Creek, and widening Highway 4 at Laurel Road, in the Oakley area.
The Public Works Director has notified this Board that the
Laurel Road improvements and the construction of the bridge have
been completed as provided in said agreement.
In order to allow the release of a major portion of the Road
Improvement Agreement bond for said completed improvements,
before the completion of the Highway 4 improvements, the
following documents were presented for Board Approval:
A Road Improvement Agreement with Hal Porter Development
Company Incorporated, developer, whereby said developer agrees to
complete all improvements as required in said Road Improvement
Agreement within one year from the date of agreement. The
improvements generally consists of completing the Highway 4
improvements at Laurel Road. Said document was accompanied by
security to guarantee the completion of the road and drainage
improvements as required by Title 9 of the County Ordinance Code,
as follows:
A. Cash deposit in the amount of $1, 000. The
developer has requested that $1,000 of the
3, 198 cash deposit (Auditor's Deposit Permit
No . 115068 , dated October 14 , 1986)
originally made for the aforesaid Road
Improvement Agreement approved on October 21,
1986, be assigned as cash security for the
new Road Improvement Agreement.
B. Additional Security in the form of a
corporate surety bond, with rider, dated
February 23, 1990, and issued by Meritplan
Insurance Company (Bond No. 04NAA006420) with
Hal Porter Development Company Incorporated
as principal, in the amount of $50,900 for
faithful performance and $50,900 for labor
And materials.
NOW THEREFORE BE IT RESOLVED that the Laurel Road
Improvements and bridge across Marsh Creek have been COMPLETED as
of November 30, 1989 thereby establishing the six-month terminal
period for the filing of liens in case of action under the Road
Improvement Agreement:
DATE OF AGREEMENT SURETY
October 21, 1986 Fairmont Insurance Company
Bond No. FB015508
RESOLUTION NO. 90/214
Completion of Improvements for Subdivision 5946
April 10, 1990
Page 2 of 2
BE IT FURTHER RESOLVED that the remainder of cash deposit
in the amount of $2, 198 (Auditor's Deposit Permit No. 115068,
dated October 14 , 1986) made by Hal Porter Development
Incorporated be RETAINED for one year pursuant to the
requirements of Section 94-4 .406 of the Ordinance Code.
BE IT FURTHER RESOLVED the Road Improvement Agreement for
the Highway 4 improvements and the assignment of the $1, 000 cash
deposit to said agreement is APPROVED.
I hereby certify that this Is a true and correct copy of
an action taken and entered on the minutes of the
Board of Supen4 re on the date shown.
ATTESTED: HR 10 1990
PHIL BATCHELOR,Clerk of the Hoard
of Supervisors and Co unt/y Administrator
eV I hsw /.//.c!.1 Deputy
Originator: Public Works (ES)
cc: Public Works - Accounting
Construction
Recorder (via clerk)
then PW Records
Hal Porter Dev. Co.
P.O. Box 1088
Brentwood, CA 94513
Meritplan Insurance Co.
P.O. Box 19702
Irvine, CA 92713
Fairmont Insurance Co.
444 Market St. 28th fl.
San Francisco, CA 94111
SYM:mg
BO: l0.t4
RESOLUTION NO.90/214