Loading...
HomeMy WebLinkAboutRESOLUTIONS - 01011999 - 1999-083 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on March 2, 1999 by the following vote: AYES: Supervisors Gioia, Uil.kema, Gerber, DeSaulnier, and Canciamilla NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO. 99/83 SUBJECT: Amending Subdivision Agreement, Subdivision 7233, Pleasant Hill area. The following substitute security to guarantee the road and drainage improvements as required by Title 9 of the County Ordinance Code was presented for Board approval this date: Security with Symat Partners Limited as principal in the form of two letters of credit (Nos. DC OAK 128 and DC OAK 129) dated February 1, 1999, and issued by Summit Bank in the amount of $75,120.00 for faithful performance and $62,600.00 for labor and materials respectively. NOW THEREFORE BE IT RESOLVED that the subdivision agreement approved by the Board on April 28, 1998, is hereby AMENDED to allow substitution of the above-mentioned letters of credit in place of the cash security; BE IT FURTHER RESOLVED that the Public Works Director is AUTHORIZED to refund the cash deposit (Auditor's Deposit Permit No. 312551, dated April 22, 1998, in the amount of$186,550.00), plus interest in accordance with Government Code Section 53079, if appropriate, to Hillside Homes Group,Inc. All deposit permits are on file with the Public Works Department. RL:IC:mw G:\GrpData\EngSvc\BG\l999\BO 3-2-99.doc originator:Public Works(ES) Contact: Rich Llerly(313-2348) 1 hereby certify that this is a true and correct cc: Public Warks -Accounting copy of an action taken and entered on the -R.Bruno.Construction Current Planning,Community Development minutes of the Board of Supervisors on the Symat Partners Limited date shown. 2800 Pleasant Hill Road,Suite 3-A,Pleasant Dill,CA 94523 Summit Bank ATTESTED:, -21 PEI 9 2%9 Broadway,P.O.Bax 898,Oakland,CA 94604 PHIL BATCH BLOR,`Clerk of the Board Hillside Homes Grog,Inc. 194RudgmDrive,Walnut Creek,CA 94596 of Sup rvisors and Count Administrator By � Deputy