HomeMy WebLinkAboutMINUTES - 09081992 - 1.35 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Resolution on September 8, 1992 by the following vote:
AYES: Supervisors Powers, Fanden, Schroder, Torlakson and McPeak
NOES: None
ABSENT: None
ABSTAIN: None RESCLLTh"xT. 20....92/595 -
SUBJECT: Approval of a Substitute Road Improvement Agreement, Road Acceptance
1021, Pleasant Hill Area.
The following document was presented for Board approval this date:
A substitute Road Improvement Agreement with BA Properties, Incorporated,
developer whereby said developer agrees to complete all improvements as required in said
Subdivision Agreement within one year from the date of said agreement.
Said document was accompanied by the following:
Security to guarantee the road and drainage improvements as required by Title 9 of
the County Ordinance Code, as follows:
O
a. Cash deposit (Auditor's Deposit Permit Nos. 209993 dated July 1, 1992
and 213112, dated September 9, 1992) in the amount of$2,250, made
by BA Properties, Incorporated.
b. Additional security in the form of a corporate surety bond dated July
23, 1992, and issued by United Pacific Insurance Company (Bond
No. U1867953) with BA Properties as principal, in the amount of
$222,750 for faithful performance and$112,500 for labor and materials.
NOW THEREFORE BE IT RESOLVED that said substitute Road Improvement
Agreement is APPROVED.
BE IT FURTHER RESOLVED that the Road Improvement Agreement with BA
Properties, Incorporated, as approved by the Board on July 14, 1992,is TERMINATED, the
improvement security bond with United Pacific Insurance Company is EXONERATED.
I hereby certify that this is a into and correct copy 9f
in action taken and entered on the minutes of the
Hoard of Supervisorson th date Shown.
A T TESTED• PD8 T'*Ii m
PHIL BATCHELOR,Clerk of the Board
of Supervisors and Co my Administrator
Originator: Public Works (ES)
cc: Director of Community Dev. By 'Deputy
Public works - Accounting
- Construction
BA Properties, Incorporated
333 S. Hope St., H17-71
Los Angeles, CA 90071
United Pacific Insurance Company
580 California St., Suite 1300
San Francisco, CA 94104
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RESOLUTION NO. 92/595