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HomeMy WebLinkAboutReso 1964-3486RESOLUTION NO. 3486 RE`_%OLU`i'TON R10. 3_,,._486 _ RESOLUTION ACCEPTING AND APPROVING CONTRACT FOR SUBDIVISION IA'IPROVEMENTS - DALSETH HILLS, UNIT NO. ~ The City Council of the City of Chula. Vista does hereby resolve as follows: 1. That certain contract for the installation of is in the subdivision known as "Dalseth Hills, Unit improvemen Exhibit No. ~'°, a true copy of which is attached hereto, marked °'A" and incorporated herein by this reference thereto, is hereby approved and the Mayor is authorized to execute same on behalf of the City of Chula Vista. 2, pursuant to Section 11,612 of the Business and rofessions Code, the City Council hereby determines that the P ° of the security for said improvements in the amount of 50°/ nt total estimated cost of the improvement and ari additional amou f 5p% of the total estimated cost of the improvement for the 0 r ose of securing Payment to the contractor, his subcontractors pu p ersons renting equipment or furnishing labor or rnaterials and to p for the improvement shall be furnished in the form of bonds or e osit or an instrument of credit, provided that both said cash d p amounts may be combined in or..e deposit of security- ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF CHULA VISTA, CALIFORNIA, this 1st day of September lg 64 , by the following vote, to-wit: AYES: COUNCILMEN McCorquodale, Anderson, McMains, McAllister, Sperling NAYES: COUNCILMEN None ABSENT: COUNCILMEN None Mayor of the Cit of Chula Vista ATTEST ..~._ ~_<. <.._~.~ -City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO ss. CITY OF CHULA VISTA t, KENNETH P. CAMPBELL, City Clerk of the City of Chula Vista, California, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of ' and that the same has not been amended or repealed. DATED: City Clerk CC 652 fr ,~ ; CONTRACT FOR COMPLETION OF IMPROVEMENTS IN DALSETH HILLS, UNIT NO. 4 IT IS HEREBY AGREED by and between the CITY OF CHULA VISTA, a Municipal Syracuse Development Company, Inc. & Corporation, and Cambridge Development Co., Inc. - here- inafter called the Second Party, as follows: WITNESSETH: WHEREAS, the Second Party is the owner of real property in the City of Chula Vista, County of San Diego, State of California, described as follows: Portion of the West half of the Southeast Quarter of Quarter Section 96, in Rancho de la Nacion, in the City of Chula Vista, County of San Diego, State of California, according to Map thereof No. 166 by Morrill, filed in the San Diego County Recorder's Office, May 11, 1869. WHEREAS, the Second Party proposes to create a subdivision of the prop- erty above described, to be known as 17alseth Hills, Unit No. 4 and to effect the same as heretofore filed with the proper authorities of the said City of Chula Vista, the necessary maps and improvement plans and .other data in conformity with the laws of the State of Calif- ornia and the .ordinances of the City of Chula Vista applicable thereto, and WHEREAS, the said; proper authorities of said City have found the pro- posed subdivision plan to be acceptable and in accord with the best interests of said City, and 4~EREAS, the City of Chula Vista is entitled to require from`the Second Party, and does require from the Second Party, as a condition precedent to the acceptance of any and all streets and easements and other improve- menu, assurances for the completion of the public improvements in said subdivision as is provided therefore in said plans and attendant speci- fications as have heretofore been approved as aforesaid, and SUB-Q-8 -1- ~ 3 f~~i C'frIEREAS, th¢ Second Party is d¢sirous of supplying such assurances, f~lO:U, Ti-'~EREFOP.E, IT IS HERcBY .~G°EED BY and b¢tween the City of Chula Vista, and th¢ Second Party as follows: I. Said Second Party agrees to undertak¢ and compl¢te, and to pay for all labor and materials in connection ther¢avith, within a period of 365 days from th¢ date h¢r¢of, all the n¢c¢ssary work and installation of improvements in th¢ hereinabov¢ described subdivision in full conform- ity with th¢ ordinanc¢s of th¢ City of Chula Vista, the laws of the Stat¢ of California, the dir¢etions of prop¢r officials of file City of Chula Vista, California, as may be app{icabi¢ th¢reto, andrh¢ plans for such improvements on fil¢ in the offic¢ of the City Engine¢r of the City of Chula Vista, bearing th¢ file numb¢rs: 64-53L through 64-59L inclusiv¢ The engin¢¢rs estimat¢ of cost of said improvements is $49,240.00 IOa conting¢nci¢s 4,924.00 Total Bond Amount 54,164.00 Th¢ ex¢cution of this contract automatically acknowl¢dg¢s by the Party of th¢ Second Part, th¢ responsibility to guarant¢¢ all public improvements for a period of on¢ (11 year from the date of final acceptance. The Second Party further agr¢¢s to indemnify, protect and hold harml¢ss th¢ said City of Chula Vista from any and all claims of liability for personal injury, prop¢rty damage, labor or material claims which may b¢ made against the said City by reason of said work and installation of improvements as her¢in provid¢d. 2. As a guarant¢e and as security for its full and faithful p¢rform- ante in complying with ail the r¢quir¢mentsr'or the completion of said subdivision as aforesaid, the said Second Party shall d¢liver to the City of Chula Vista upon the execution of this agr¢¢ment, a good and sufficient bond ¢xecut¢d by an authorized sur¢ty company or an instrument of cr¢dit as described in Section ilbl2 of th¢ Business and i'rofessions Cod¢ satis- factory to the said City of Chula Vista in the sum of$ 54,164.00 (2? or an instrument of credit as described in Section 11612 of the Business ;, h and Professions Code 3o As a guarantee and as security for the payment of all mate~i~ and labor claims for the completion of all said improvements, the Second Party, shall deliver to the said City of Chula Vista a bond; in the sum of $ 54,164.00 by its terms made to inure to the benefit of laborers and materialmen, for labor and mater ial performed or fur- nished in the performance of this agreement. 4. Upon the execution by Second Party of this contract and the posting of bonds as herein provided, the City agrees to approve the final map of said subdivision and accept the same for recordation. DATED: c/ J~vGC,S j /~~~ A roved as to and legalitys 4 1. ~ .~ \ /J City At#~rney for the City of Chula Vista, California G ATTESTED TO: ti~ CITY OF CHULA VISTA, CALIFORLQIA ~ ,, ct-c Cs.t Clerk of the City of Chula gy; Vista, California SUB-Q-8 -3- ~~, ,~ r