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HomeMy WebLinkAboutMINUTES - 12201988 - 1.6 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on December 20, 1988 by the following vote: AYES: Supervisors Powers , Fanden, Torlakson and' Schroder NOES: None ABSENT: Supervisor McPeak ABSTAIN: None RESOLUTION NO. 88/771 SUBJECT: Amending Road Improvement Agreement, Subdivision 6769, Martinez Area. The following substitute security to guarantee the road and drainage improvements as required by Title 9 of the County Ordinance Code was presented for Board approval this date: Security with Hidden Pond Partners as principal in the form of a corporate surety bond (Bond No. 967223S) dated November 18, 1988, and issued by Indemnity Company of California in the amount of $6500 for faithful performance and $3750 for labor and. materials. NOW THEREFORE BE IT RESOLVED that the Subdivision Agreement approved by the Board on July 26, 1988, is hereby AMENDED to allow substitution of the above-mentioned corporate surety bond in place of the cash security. BE IT FURTHER RESOLVED that the Public Works Director is AUTHORIZED to refund the cash deposit (Auditor's Deposit Permit No. 143001, dated July 12, 1988, in the amount of $10, 250) , plus interest in accordance with Government Code Section 53079, if appropriate, to Placer Title Company Escrow Trust. I hereby certify thDt this is a true and correct copy of an actioll ta: en and entered an itle Bot nutes of the Board of Supervisors on tha dshown ATTESTED: DEC 2 aJn 88 PHi'L BATCHELOR,Clark of the Board of supervisors and county Adm!nletralor ByDeputy Originator: Public Works (ES) cc: Director of Community Development Public Works - Accounting - Construction Hidden Pond Partners 153 Second Street, #103 Los Altos, CA 94022 Indemnity Company of California 333 Wilshire Avenue Anaheim, CA 92801 Placer Title Company Escrow Trust 1981 North Broadway, #100 Walnut Creek, CA 94596 BO:20.t12 RESOLUTION NO. 8$/771