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HomeMy WebLinkAboutMINUTES - 10251988 - 1.1 (3) r, 'r THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on October 25, 1988 by the following vote: AYES: Supervisors Powers , Fanden, McPeak, Torlakson & Schroder NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO. 88/676 SUBJECT: Approval of Road Improvement Agreements and Amending Subdivision Agreement, Subdivision 6586, Danville Area. In order to allow the release of a major portion of the subdivision agreement bond while the developer coordinates improvements to Camino Tassajara Road with the Town of Danville,, the following documents were presented for Board approval for Subdivision 6586, property located in the Danville area. I. A bond rider dated September 29, 1988, issued by Fidelity Deposit Company of Maryland, to modify Bond No. 9859045 , issued July 2, 1986, reducing the performance bond from $1,250,900 to $771, 100. II. A Road Improvement Agreement with Blackhawk Plaza 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 median islands, pavement widening and street lighting. Said document was accompanied by security to guarantee the completion of road and drainage improvements, as required by Title 9 of the County Ordinance Code, in the form of a corporate surety bond dated September 30, 1988, and issued by Fidelity Deposit Company of Maryland (Bond No. 30191801) with Blackhawk Plaza Partners, as principal, in the amount of $69,800 for faithful performance and $34,900 for labor and materials. III. A Road Improvement Agreement with Blackhawk Plaza 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 traffic signals at the Camino Tassajara and Blackhawk Road entrances and at the intersection of Blackhawk Road with Camino Tassajara Road. Said document was accompanied by security to guarantee the completion of road and drainage improvements, as required by Title 9 of the County Ordinance Code, in the form of a corporate surety bond dated September 30, ' 1988, and issued by Fidelity Deposit Company of Maryland (Bond No. 30191800) with Blackhawk Plaza Partners, as principal, in the amount of $410, 000 for faithful performance and $205, 000 for labor and materials. NOW THEREFORE' BE IT RESOLVED that said Road Improvement Agreements are APPROVED. RESOLUTION NO. 88/676 n, BE IT FURTHER RESOLVED that the Subdivision Agreement approved by the Board on July 8, 1986, is hereby AMENDED to allow reduction of the performance bond amount to $771, 000, exclusion of road improvement work on Camino Tassajara Road and exclusion of traffic signal work. 1 hereby certify that this Is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: 9 K 1QQA PHIL BATch-i:c R, Clerk of the Board of Supervisors and County Administrator �-- f M . By � dA„ ��l41 , Deputy Originator: Public Works (ES) cc: Director of Community Development Public Works - Construction Blackhawk Plaza Partners P.O. Box 807 Danville, CA 94526 Fidelity Deposit Company of Maryland 25 Ecker Street San Francisco, CA 94105 BO: 25.t10 RESOLUTION NO. 88/676