HomeMy WebLinkAboutRESOLUTIONS - 06032004 - 94-75 /00
TIM BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Resolution on February 1, 1994 by the following vote:
AYES: Supervisors Smith, Bishop, McPeak,, Torlakson and Powers
NOES: None
ABSENT: None
AJ3SrA]N: None
RESOLUTION NO 94/75
SUBJECT: Approval of a Substitute Subdivision Agreement, Subdivision 6935, Oakley
Area.
The following document was presented for Board approval this date:
A substitute Subdivision Agreement with ATC Realty Sixteen 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. 237231, dated January 12,
1994) in the amount of$10,200 made by ATC Realty Sixteen, Inc.
b. Additional security in the form of an instrument of credit dated August
6, 1993, and issued by Wells Faro Bank with ATC Realty Sixteen Inc.
as principal, in the amount of$1,020,500 for faithful performance and
$510,250 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 Oakely
Associates, as approved by the Board on September 11, 1990, is TERMINATED, the
improvement security bond with Developers Insurance Company is EXONERATED and
the Public Works Director is AUTHORIZED to refund the cash deposit (Auditor's Deposit
Permit No. 178072, dated August 24, 1990) in the amount of $10,200, plus interest in
accordance with Government Code Section 53079, if appropriate, to Oakley Associates.
I Mrfty certify that fib Is a Vw and correct to ig
an action taken and entood on Me minutes cO V*
Board of Sups an ft dale shown.
Contam Rich Ilerly-313-2348 ATTESTED: == /I III P
Originator. Public Works(ES) PHIL BATCHELOR, rk of the Board
of -,.r and coufdy Administrator
cc: Director of Community Dev.
Public works-Accounting
-Construction ,a-EM& mom&
ATC Realty Sixteen Inc
1960 E.Grand
El Segundo,CA 90245
Oakley Associates
395 Taylor Blvd.,Suite 120
Pleasant Hill,CA 94523
Wells Fargo Bank
4643 South Ulster St.,#1400
Denver CO 80237
Developers Insurance Company
333 Wilshire Avenue
Anaheim,CA 92801
Batavia Land Company
1102 Warfield Avenue
Piedmont,CA 94610-1614
RCUd
B0:1.t2
RESOLUTION NO. 94/75