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C. 8
To: Board of Supervisors
From: Brian M. Balbas, Public Works Director/Chief Engineer
Date: April  12, 2022
The Seal of Contra Costa County, CA
Contra
Costa
County
Subject: Approving the thirteenth extension of the Subdivision Agreement for subdivision SD89-07267, Walnut Creek area.

APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE

Action of Board On:   04/12/2022
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: Randolf Sanders (925) 313-2111
cc: Larry Gossett- Engineering Services     Randolf Sanders- Engineering Services     Ronald Lai, Engineering Services     Bonnie Ruso, Design & Construction     Ruben Hernandez - DCD     Morgan Capital Investment Properties     International Fidelity Insurance Company     T-02/20/2023    
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  12, 2022
Monica Nino, County Administrator
 
BY: , Deputy

 

RECOMMENDATION(S):

ADOPT Resolution No. 2022/106 approving the thirteenth extension of the Subdivision Agreement for subdivision SD89-07267, for a project being developed by Morgan Capital Investment Properties, as recommended by the Public Works Director, Walnut Creek area. (District II)  

FISCAL IMPACT:

No fiscal impact.

BACKGROUND:

The termination date of the Subdivision Agreement needs to be extended. The developer has not completed the required improvements and has requested more time. Approximately 75% of the work has been completed to date. By granting an extension, the County will give the developer more time to complete improvements and keeps the bond current.


CONSEQUENCE OF NEGATIVE ACTION:

The termination date of the Subdivision Agreement will not be extended and the developer will be in default of the agreement, requiring the County to take legal action against the developer and surety to get the improvements installed, or revert the development to acreage.

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