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HomeMy WebLinkAboutRESOLUTIONS - 12201988 - 88-773 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on December 20, 1988 by the following vote: AYES: Supervisors Powers , Fanden, . Torlakson and Schroder f NOES: None ABSENT: Supervisor McPeak ABSTAIN: None RESOLUTION N0.88/773 SUBJECT: Amending Subdivision Agreement, Subdivision 6670, Pleasant Hill BART Area. The Public Works Director having reported that the improvements in Phase I of Subdivision 6670 were accepted as complete by this Board on September 20, 1988, and that the developer, Desco Oak Pointe, has requested the performance bond be reduced to 15% pursuant to Section 94-4.406, of the Ordinance Code; and The following substitute security to guarantee the one year warranty period for the road and drainage improvements as required by Title 9 of the County Ordinance Code was presented for Board approval this date: Security with Desco Oak Pointe, as principal, lin the form of a corporate surety bond (Bond No. 9321675) datedSeptember 22, 1988, and issued by Developers Insurance Co. in the amount of $22, 680 for faithful performance. NOW THEREFORE BE IT RESOLVED that the performance portion of the Surety bond for Subdivision 6670, Phase I (Bond No. 932167S) is reduced from $151,200 to $22, 680. 1 hereby certify that this Is a true and correct Copy of an teflon taken and entered on the minutes of the Board of SupervisorsEC 2 0 1988hown- ATTESTED: PHIL BATCHELOR,Clerk of the Board of Supervisors and County Administrator By �, ,Deputy Originator: Public Works (ES) cc: Director of Community Development Public Works - Accounting - Construction Desco Oak Pointe 3687 Mt. Diablo Boulevard, #100 Lafayette, CA 94549 Developers Insurance Company 333 Wilshire Avenue Anaheim, CA 92801 BO: 20.t12 RESOLUTION NO. 88/773