HomeMy WebLinkAboutMINUTES - 10111994 - 1.6 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Resolution on October 11, 1994 by the following vote:
AYES: Supervisors Smith,, 'Bishop, DeSaulnier,:'Torlalkson and Potivers
NOES: None
ABSENT: None
ABSTAIN: None RESOLUTION NO 94/483 _
SUBJECT: Approval of a Substitute Subdivision Agreement, Subdivision 6935 and 7809,
Oakley Area.
The following document was presented for Board approval this date:
A substitute Subdivision Agreement with Kaufman and Broad of Northern California, Inc.,
subdivider, whereby said subdivider 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:
a. Cash deposit (Auditor's Deposit Permit No. 250374, dated September 27,
1994) in the amount of$12,568, made by Kaufman and Broad of Northern
California, Inc.
b. Additional security in the form of a corporate surety bond dated September
23, 1994, and issued by American Casualty Company of Reading
Pennsylvania and the American Insurance Company. (Bond
No. 137575504-AMCAS and 11133152139-AIC) with Kaufman and Broad
of Northern California, Inc. as principal, in the amount of$1,244,232 for
faithful performance and $622,116 for labor and materials.
NOW THEREFORE BE IT RESOLVED that said substitute Subdivision Agreement is
APPROVED.
BE IT FURTHER RESOLVED that the Subdivision Agreement with ATC Realty Sixteen
Inc, as approved by the Board on February 1, 1994, is TERMINATED, the improvement security
instrument of credit dated August 6,1993 issued by Wells Fargo Bank is EXONERATED and the
Public Works Director is AUTHORIZED to refund the cash deposit (Auditor's Deposit Permit
No. 237231, dated January 12, 1994) in the amount of$10,200, plus interest in accordance with
Government Code Section 53079, if appropriate, to ATC Realty Sixteen Inc.
Contact: Rich Lierly -313-2348
Originator: Public Works(ES)
cc: Director of Community Dev.
Public works-Accounting 1 hereby ceRify that this Is a true end Corr®Ct e�pyo♦
-Construction an action taken and entered on the minutes of the
ra
Kaufman&Broad of Northern California,Inc. Board of Su date shown.
ATTE8TEl) ��1 1Q94
6379 Clark Avenue PHIL BATCHELOR Cleric O the Board
Dublin,CA 94568 Of Supervisors and 8: unty Administrate►
Wells Fargo Bank
4643 South Ulster St.#1400
Denver,CO 80237 By
American Casualty Company
of Reading Pennsylvania
The American Insurance Co.
3530 Wilshire Blvd.
Los Angeles,CA 90010
ATC Realty Sixteen,Inc.
1960 E.Grand
El Segundo,CA 90245
RCL:cl
BO:11.[10 RESOLUTION NO. 94/483