HomeMy WebLinkAboutRESOLUTIONS - 01011993 - 1993-215 THE BOARD OF SUPERVISORS OF CONTRA C09rA COUNTY CALIFORNIA
Adopted this Resolution on May 4, 1993 by the following vote:
AYES: Supervisors Powers, Smith, Bishop, :,McPeak and Torlakson
NOES. None
ABSEC'-. None
ABSTAIN: None RESOLUTION NO. 93/21.5
SUBJECT: Approval of a Substitute Subdivision Agreement, 'Subdivision MS '63-82
Tassajara Area.
The following document was presented for Board approval this date:
A substitute Subdivision Agreement with The Pringle Group,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 Cade, as follows:
a. Cash deposit (Auditor's Deposit Permit No. 158684, dated Jmwe 28,
1989).in the amount of$1,000 made by The Simba Group.
b. Additional security in the form of a letter of credit #93-225 dated
March 24, 1993, and issued by Burlingame Bank & Trust Company
with The Pringle Group as principal, in the amount of $102,000 for
faithful performance and $51;000 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 Simba Group,
as approved by the Board on July 11, 1989, is TERNMATED, the letter of credit with
Burlingame Bank and Trust Company is EXONERATED.
Contact: Melissa Morton - 313-2347
Originator: Public 'Works (0)>
cc: Director of Community Dev. s hereby certify Met ribs e a true and correct copy�
' an action taken.and enteieed on the mtnutes or trw
Public works - Accounting 30ard of sura the deth shown
- Construction ATTESTED:10 T 1;f,93
The Pringle Group PHIL BATCHELOR,Clerk of the Board
p of Supervisors and Cou Administrator
90 El'Camino Real
Burlingame, CA 94010 By . ,, Pr
Burlingame Bank & Trust Co:"
350 Primrose Road
Burlingame, CA 94010
Simba Group
90,El Camino Real
Burlingame, CA 94010
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BOAt5
t3LT3TIfll'+T NO. 93/215