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HomeMy WebLinkAboutRESOLUTIONS - 01011998 - 1998-051 0.6 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on February 10, 1998 by the following vote: AYES: Supervisors Uilkema, Gerber, DeSaulnier, Canciamilla, Rogers NOES: Done ABSENT: None ABSTAIN: None RESOLUTION NO.25151 SUBJECT: Approval of a Substitute Subdivision Agreement, Subdivision 7695, Walnut Creek area. The following document was presented for Board approval this date: A substitute subdivision agreement with Karmont Development, Inc., 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. 307641, dated January 21, 1998) in the amount of$1,350, made by Karmont Development, Inc. B. Additional security in the form of a Bond Rider for a corporate surety bond dated March 12, 1997, and issued by American contractors' Indemnity Company(Bond No. 32542)naming change in principal, from Robert D. and Diane A. Fenton to Karmont Development, Inc. The bond amounts will remain at $135,450 for faithful performance and $67,725 for labor and materials. All deposit permits are on file with the Public Works Department. NOW THEREFORE BE IT RESOLVED that said substitute subdivision agreement is APPROVED. BE IT FURTHER RESOLVED that the subdivision agreement with Robert and Diane Fenton, as approved by the Board on April 8, 1997, is TERMINATED and the Public Works Director is AUTHORIZED to refund the cash deposit(Auditor's Deposit Permit No. 292249, dated March 17, 1997) in the amount of$1,350, plus interest in accordance with Government Code Section 53079, if appropriate, to R and D Properties. NL:KF:tnw I hereby certify that this is a true and correct O:\CsrpDat\En4g5vc\BO1BO2-10-98.wpd copy of an action taken and entered on the Originator: Public Works(ES) minutes of the Board of Supervisors on the Contact: Rich Lierly(313-2348) dente shown. Public works - oConstruction R.AccountingBruno, ATTESTED: February 1Q s -1928 _ -R. Qurent Placating,Community Development PHIL BATCHELOR, Clerk of the Board Kwmont Development,Inc. of Supervisors and County Administrator 1160 Lawrence Rosa,Danville,CA 94526 Fenton 4 Robert 2OrtBox 73,Walnut Creek,CA 94595-0173 By Deputy D.L.Lowes,American Contractors'Indemnity Company 9841 Airport Boulevard,#1414,Los Angeles,CA 90045 R and D Properties P.O.Box 2173,Walnut Creek,CA 94595-0173