Agenda

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C. 7

To:	Board of Supervisors
From:	Brian M. Balbas, Public Works Director/Chief Engineer
Date:	April 24, 2018

Contra

Costa

County

Subject:

Approving reduction of performance bond amount for the park acceptance PA14-00042, San Ramon (Dougherty Valley) area.

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 04/24/2018

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Diane Burgis, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor

Contact:	Lori Leontini - (925)313-2352
cc:	Jocelyn LaRocque- Engineering Services Dante Morabe - Design & Construction Lori Leontini- Engineering Services Craig Standafer- Engineering Services Mike Mann- Finance Chris Low - City of San Ramon Toll Brothers, Inc. Western Surety Company

I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED: April 24, 2018
David Twa,

BY:	, Deputy

RECOMMENDATION(S):

ADOPT Resolution No. 2018/146 approving reduction of performance bond amount for Subdivision Agreement (Right-of-Way Landscaping) for park acceptance PA14-00042 (cross-reference subdivision SD05-08971) for a project developed by Toll Brothers, Inc., as recommended by the Public Works Director, San Ramon (Dougherty Valley) area. (District II)

FISCAL IMPACT:

No fiscal impact

CONSEQUENCE OF NEGATIVE ACTION:

The performance bond amount reduction will not be approved.

BACKGROUND:

Title 9 of the County Ordinance Code allows a reduced performance security to guarantee repair of any defective work upon acceptance of the work as complete. The work has been accepted as completed and the developer requested this bond reduction.