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HomeMy WebLinkAboutMINUTES - 07141992 - 1.2 (2) THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on July 14, 1992 by the following vote: AYES: Supervisors Powers, Fanden, Torlakson and Schroder NOES: None ABSENT: Su�vrvisor McPeak ABSTAIN: None RESOI,JTIOi? X10. 92/464 SUBJECT: Approval of a Substitute Subdivision Agreement, Subdivision MS 33-88, Walnut Creek Area. The following document was presented for Board approval this date: A substitute Subdivision Agreement with Allen Charles Investment Company, Incorporated, 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. 209489, dated June 24, 1992) in the amount of $1,000, made by Allen Charles Investment Company, Incorporated. b. Additional security in the form of a cash deposit (Auditor's Deposit Permit No. 209489, dated June 24, 1992) in the amount of $53,300 ($35,200 for faithful performance and $18,100 for labor and materials) made by Allen Charles Investment Company, Incorporated. NOW THEREFORE BE IT RESOLVED that said substitute Subdivision Agreement is APPROVED. BE IT FURTHER RESOLVED that the Subdivision Agreement with California Crest Development, Incorporated, as approved by the Board on March 19, 1991, is TERNIINATED, the improvement security bond(s) with Insurance Company of the West is EXONERATED and the Public Works Director is AUTHORIZED to refund the cash deposit (Auditor's Deposit Permit No. 186678, dated March 4, 1991) in the amount of$1,000, plus interest in accordance with Government Code Section 53079, if appropriate, to California Crest Development, Incorporated. Originator: Public Works (ES) I hereby certify that this is a true and correct copy 31 cc: Director of Community Dev. an action taken and entered on the minutes of the Public works - Accounting Board of supervisors on the date shown. - Construction ATTESTED: 1 14 997 PHIL BATCHELOR,Clerk of the Board Allen Charles Investment Company, Inc. of Supervisors and County Administrator 828 El Pintado Road , Danville, CA 94526 By Deputy California Crest Development, Inc. P.O. Box 2844 Granite Bay, CA 95746 Insurance Company of the West Bond No. 116 59 91 1575 Treat Boulevard Walnut Creek, CA 94598 MM:sj B014.t7 RESOLUTION NO. 92/464