HomeMy WebLinkAboutRESOLUTIONS - 01011981 - 1981-701 J ±'
THE BOARD OF SUPERVISORS
OF
CONTRA COSTA COUNTY, STATE OF CALIFORNIA
In the hatter of )
Approval of the Final Map, ) RESOLU TION NO. 81 /7 01
Agreement for Traffic Signals and Off-Site)
Improvements, and Subdivision Agreement )
for Subdivision 5967, )
San Ramon Area. )
The following document(s) (was/were) presented for Board approval this date:
The Final Map of Subdivision 5967, property located in the San Ramon area,
said map having been certified by the proper officials;
A Subdivision Agreement with Granada Sales, Inc., Subdivider, wherein said
Subdivider agrees to complete all improvements as required in said Subdivision Agreement
within one year from the date of said Agreement;
An agreement for traffic signals and off-site improvements wherein the
subdivider agrees to pay the County $3,100,000 at 10% per annum over a five-year period
as full and complete satisfaction of subdivision conditions of approval 2G, 2H and 21 which
require installation of traffic signals, participation in the construction of the
1680/Bollinger Canyon Road interchange and widening of the Norris Canyon Road/1680
overpass;
Said document(s) (was/were) accompanied by the following:
Security to guarantee the completion of road and street improvements as
required by Title 9 of the County Ordinance Code, as follows:
a. Cash bond (Auditor's Deposit Permit No. 42080, dated June 17, 1981) in
the amount of $29,374, deposited by Granada Sales, Inc.
b. Additional security in the form of:
A corporate surety bond dated June 2, 1981, and issued by United Pacific
Insurance Company (Bond No. U347322) with Granada Sales, Inc., as principal, in the
amount of $2,908,026 for Faithful Performance and $1,468,700 for Labor and Materials.
Payment and security to guarantee future payments as required in the
aformentioned agreement for traffic signals and off-site improvements as follows:
a. A cash payment (Auditor's Deposit Permit Number 42125, dated June 18,
1981, in the amount of $250,000 deposited by Granada Sales, Inc.
b. Security to guarantee future payments in the form of a corporate surety
bond dated June 1, 1981, and issued by United Pacific Insurance Company (Bond No.
U347323) with Granada Sales, Inc., as principal in the amount of $3,500,000.
Letter f rom the County Tax. Collector stating that there are no unpaid County
taxes heretofore levied on the property included in said map and that the 1980-81 tax lien
has been paid in full and the 1981-82 tax lien, which became a lien on the first day of
March, 1981, is estimated to be $466,500,
Security to guarantee the payment of taxes as required by Title 9 of the
County Ordinance Code, in the form of:
Surety Bond No. U347324 issued by United Pacific Insurance Company with
Granada Sales, Inc., as principal, in the amount of $466,500 guaranteeing the payment of
the estimated tax;
NOW THEREFORE BE IT RESOLVED that said subdivision, together with the
provisions for its design and improvement, is consistent with the County's general and
specific plans;
2
BE IT FURTHER RESOLVED that said Final Map is APPROVED and this Board
dues not adept or reject on behalf of the public any of the streets, paths, or easements
shown thereon as dedicated to public use.
BE IT ALSO FURTHER RESOLVED that said Subdivision Agreement and
agreement for traffic signals and off-site improvements are APPROVED.
PASSED by the Board on June 23, 1981. by the fol lowing vote
AYES : Supervisors Fanden , Schroder, McPeak , Torlakson ,
and Powers ,
NOES . None .
ABSENTS None .
CERTIFIED COPY
I certifT that this is a fuii, true & oon*et aepr d
the original document which is on file in my offer
and that it was passed & adopted by the. Board SC
Supervisors of Contra Coeta County, Calffornia, on
the date shown. ATTEST. J. it.. OI,SgoN, County,
Clerk & ex-officio Clerk of said.Board at Sup"Vuasii
by epuO Clerk.
JUN 21
1981
Originator. Public Works (LD)
cc: Director of Planning
Public Works - Const.
Granada Sales, Inc.
1819 Barcelona. Street
Livermore, CA 94550
United Pacific Insurance Co.
One Market Plaza, Ste. 400
San Francisco, CA 94104
Title Insurance & Trust
1632 Locust St.
Walnut Creek, CA 94596
R.ESOLU TION NO. 81 /7 01