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HomeMy WebLinkAboutRESOLUTIONS - 01011998 - 1998-052 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on February 10, 1998, by the following vote: AYES: Supervisors 1Jilkema, Gerber, DeSaulnier, Canciamilla, Rogers NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO.: 98/52 SUBJECT: Approval of the Road Improvement Agreement for Subdivision 6927, Oakley area. The following document was presented for Board approval this date for Subdivision 6927, property located in the Oakley area. I. A Road Improvement Agreement with Oak Crest - Oakley L.P., a California Limited Partnership, developer, whereby said developer agrees to guarantee all public roads constructed with a road base of Sierra-Crete against leaching over a five-year period. This five-year warranty commences from the date of paving; therefore, the expiration date of this agreement is May 10, 2000. Said agreement is accompanied by the following securities, for guarantee of improvements: A. Cash Deposit Deposit Amount: $1,000 Deposit made by: Oak Crest- Oakley L.P. Auditor's Deposit Permit No. and Date: 249165 (August 30, 1994) B. Surety Bond Bonding Company: American Motorists Insurance Company Bond No. and Date: 3SM 911 05100 (December 19, 1997) Performance Amount: $33,700 Labor and Materials Amount: $15,750 Principal: Oak Crest-Oakley L.P., a California limited partnership All deposit permits are on file with the Public Works Department. BE IT FURTHER RESOLVED that the action of this Board on October 14, 1997 to refund the $5,000 cash deposit(Auditor Deposit No. 249165, dated August 30, 1994) is voided in accordance with the letter from the developer, dated January 20, 1998. BE IT FURTHER RESOLVED that$1,000 of the original $5,000 cash deposit(Auditor Deposit No. 249165, dated August 30, 1994)be RETAINED to accompany the above stated Road Improvement Agreement in accordance with the letter from the developer, dated January 20, 1998. SUBJECT: Approval of the Road Improvement Agreement for Subdivision 6927, Oakley area DATE: February 10, 1998 PAGE -2- BE IT FURTHER RESOLVED that the Public Works Director is authorized to refund $4,000 of the original $5,000 cash deposit(Auditor's Deposit No. 249165, dated August 30, 1994) plus interest in accordance with Government Code Section 53079 to Oak Crest-Oakley L.P., and pursuant to Ordinance Code Section 94-4.406 and the subdivision agreement. NOW THEREFORE BE IT RESOLVED that said Road Improvement Agreement is APPROVED. RL:NL:mw G:\CYMDam\E4Svc\BO\BO2-10-98.wpd I hereby certify that this is a true and correct Origh ator: Public Works(ES) copy of an action taken and entered on the Contact: Rich Lieriy(313-2348) minutes of the Board of Supervisors on the cc: Public Works -M.Shiu,DeputyPublic works Director date shown. R.Bruno,Construction 1.Millar,Construction ATTESTED: -- ahn i—aru 1,0' S.Bucknwm,M&T Lab PHIL BATCHELOR, Clerk of the Board Current Planning,Community Development Bob Selders,Oak Crest-Oakley L.P.,a California Limited Partnership of Supervisors and County Administrator 1210 Central Blvd.,Brentwood,CA 94513 Hearthstone Advisors,Inc.a California Corporation,General Partner By c ' ,r,., deputy 16830 Ventura Blvd.,#352,Encino,CA 91436 American Motorists Insurance Company 7470 N.Figueroa Street,Los Angeles,CA 90041