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HomeMy WebLinkAboutRESOLUTIONS - 07111989 - 89-460 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on July 11, 1989 by the following vote: AYES: Supervisors Powers , Fanden, Schroder, McPeak $ Torlakson NOES: None SENT: None ABSTAIN: None RESOLUTION NO. 89/460 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 Simba 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 Code, as follows: a. Cash deposit (Auditor's Deposit Permit No. 158684, dated June 28, 1989) in the amount of $1, 000, made by The Simba Group. b. Additional security in the form of a letter of credit dated February 10, 1989 and issued by Burlingame Bank and Trust Company with The Simba Group as principal, in the amount of $68,000 for faithful performance and $34, 500 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 Fireman's Fund Insurance Company, as approved by the Board on May 31 1988, is TERMINATED, the improvement security bond #SCR 11132528404 with The American Insurance Company is EXONERATED and the Public Works Director is AUTHORIZED to refund the cash deposit (Auditor's Deposit Permit No. 138820, dated April 14, 1988) in the amount of $1,000, plus interest in accordance with Government Code Section 53079, if appropriate, to Fireman's Fund Insurance Company. Originator: Public Works (ES) cc: Director of Community Dev, I hereby certify that this Is a true and correct copy of Public works - Accounting an action taken and entered on the minutes of the Board of Supervisors on the date shown. - Construction ATTESTED: 111 1 1 19Rq The Simba Group PHIL BATCHELOR,Clerk of the Board 90 El Camino Real otSupervisors wocounty Administrator Burlingame, CA 94010 �j q Fireman's Fund Insurance Co. TitJs�K��. _, _��,�.__ De" 777 San Marin Drive Novato, CA 94998 Burlingame Bank & Trust Company 350 Primrose Rd. Burlingame, CA 94010 The American Insurance Company Bond No. #SCR 11132528404 P. O. Box 3136 San Francisco, CA 94119 BO: ll.t7 RESOLUTION NO. 89/460