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HomeMy WebLinkAboutMINUTES - 02142006 - C.10 E? - TO: BOARD OF SUPERVISORS FROM: MAURICE M. SHIU, PUBLIC WORKS DIRECTOR DATE: February 14, 2006 SUBJECT: Accepting Completion of Warranty Period and Release of Cash Deposit under the Road Improvement Agreement for RA 02-01132,Newport Drive (cross-reference Subdivision 01- 08570), Discovery Bay area. (District III) SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION(S): ADOPT Resolution No. 2006/ for RA 02-01132 (cross-reference Subdivision 01-08570), accepting Completion of Warranty Period and Release of Cash Deposit under the Road Improvement Agreement for Newport Drive, for project being developed by Hofmann Land Development, Discovery Bay area. (District III) FISCAL IMPACT: None. BACKGROUND/REASON(S) FOR RECOMMENDATION(S): The improvements have met the guarantee performance standards for the warranty period following completion and acceptance of improvements. CONSEQUENCES OF NEGATIVE ACTION: The developer will not receive a refund of their cash deposit, the road improvement agreement and performance/maintenance surety bond will not be exonerated, and the billing account will not be closed and liquidated. Continued on Attachment:_/ SIGNATURE: _ ECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE DROVE OTHER 4 SIGNATURE S ACTION OF BA ON rtt,At's' APPROVED AS RECOMMENDED OTHER VOT F SUPERVISORS UNANIMOUS(ABSENT m77 tom ) I hereby certify that this is a true and correct AYES: NOES: copy of an action taken and entered on the ABSENT: ABSTAIN: minutes of the Board of Supervisors on the G:\GrpData\EngSvc\BO\2006\02-14\RA 02-01132 BO-59.doc date shown. LB:rm Originator:Public Works(ES) Contact: S.Gospodchikov(313-2326) Tax I.D.68-0419482 cc: Public Works -Accounting ATTESTED: G6�u-rt��" / Construction JOHN SWEETEN Cler the Board of Current Planning,Community Development Hofmann Land Development Supervisors and County Administrator 1380 Galaxy Way Concord,CA 94522 St.Paul Fire and Marine Insurance Company Attn:Matthew J.Drwrrright 100 California Street,Suite 300 By ✓ , Deputy San Francisco,CA 94111 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on February 14, 2006 by the following vote: AYES: Uilkema,Pieplio,DeSanlnier, Glover and Gioia NOES: None ABSENT: None AB°TAIN: None RESOLUTION NO. 2006/ �p SUBJECT: Accepting Completion of Warranty Period and Release of Cash Deposit under the Road Improvement Agreement for RA 02-01132, Newport Drive (cross-reference Subdivision 01-08570), Discovery Bay area. (District III) On February 14, 2006, this Board resolved that the improvements for RA 02-01132 were completed as provided in the Road Improvement Agreement with Hofmann Land Development,and now on the recommendation of the Public Works Director; The Board hereby FINDS that the improvements have satisfactorily met the guaranteed performance standards for the period following completion and acceptance. Therefore, IT IS BY THE BOARD RESOLVED that the Public Works Director is AUTHORIZED to • refund the$1,800.00 cash deposit (Auditor's Deposit Permit No. 395498, dated November 14, 2002)plus interest in accordance with Government Code Section 53079,if appropriate, to Hofmann Land Development, pursuant to the Road Improvement Agreement and Ordinance Code Section 94-4.406; • exonerate the performance/surety for $178,800.00, Bond No. ST 8705, issued by St. Paul Fire and Marine Insurance Company. NOW THEREFORE BE IT RESOLVED that the warranty period has been completed and the Road Improvement Agreement and surety bond are exonerated. I hereby certify that this is a true and correct copy of an L :rm B:rm Data\EngSvc\BO\2006\02-14\R4 02-01132 BO-59.doc action taken and entered on the minutes of the Board of B Originator: Public Works(ES) Supervisors on the date shown. Contact: S.Gospodchikov(313-2326) Tax I.D.68-0419482 _ cc: Public Works Accounting ATTESTED; -Construction Current Planning,Community Development JOHN SWEETEN, Clerk of e Board of Supervisors Hofmann Land Development 1380 Galaxy Way and County Administrator Concord,CA 94522 St.Paul Fire and Marine Insurance Company Attn:Matthew J.Drumright 100 Califomia Street,Suite 300 By , Deputy San Francisco,CA 94111 RESOLUTION NO.2006/.