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HomeMy WebLinkAboutRESOLUTIONS - 02021988 - 88-56 1' ,7 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on February 2, 1988 by the following vote: AYES: Supervisors Powers , Fanden, McPeak, Torlakson & Schroder NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO. 88/56 SUBJECT: Approval of a Substitute Subdivision Agreement, Subdivision MS 48-87, San Ramon Area. The following document was presented for Board approval this date: A substitute Subdivision Agreement with Valacal Company, 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. 134347, dated January 5, 1988) in the amount of, $1, 000, made by Valacal Company. b. Additional security in the form of a corporate surety bond dated December 8, 1987, and issued by Federal Insurance Company (Bond No. 8116 55 84). with Valacal Company as principal, in the amount of $9,400 for faithful performance and $5,200 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 PacTel Properties, as approved by the Board on July 28, 1987, is TERMINATED, and the Public Works Director is AUTHORIZED to refund the cash deposit for security (Auditor's Deposit Permit No. 127073, dated July 13 , 1987) in the amount of $15, 600, plus interest in accordance with Government Code Section 53079, if appropriate, to PacTel Properties. . Originator: Public Works (ES) I hereby certify that thic Is a true and correct copy of cc: Director of Community Development an action takten and entero on the minutes of the Public works - Accounting Board of Supervisors on the date shown. - Construction Valacal Company ATTESTED: FEB-21922 51 Weaver Street, GOP#5 PHIL SATCHEL®R,Ctarit of the Board Greenwich, CT 06830 of Supsmisors and County Administrat(w PacTel Properties 120 Montgomery Street, #1850 By Deputy San Francisco, CA 94104 Federal Insurance Company 1211 6th Avenue, New York, NY 10036 Insurance Company of North America 101 California Street, San Francisco, CA 94111 Bill Thompson United Parcel Service 6662 Owens Drive, Pleasanton, CA 94566 City of San Ramon 2222 Camino Ramon, San Ramon, CA 94583 BO:2 .t2 RESOLUTION NO.88/56