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HomeMy WebLinkAboutReso 5087-1969RESOLUTION NO. 5087 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION CONSENTING TO THE CONVEYANCE OF PARCEL 8 WEST PARK 1 AND 2, EXECUTION OF ESCROW INSTRUCTIONS AND OTHER DOCUMENTS. BE IT RESOLVED by the City Council of the City of South San FPaneisco that: 1. The City AttoPney be and he is hePeby authoPized to execute joint escPow instPuctions together with Caesar Callan Homes, foPmePly Caesar Callan Homes, Inc.~ dba WestboPough Homes, as pPovided fop in the Holding AgPee- ment made the 13th day .Df SeptembeP 1966~ between Title Insumance and TPust Company, a Califomnia coPporation~ and CaesaP Callan Homes~ Inc., a CalifoPnia corpoPation, consenting to the conveyance of the paPcels described in Exhibit "A" attached hePeto. 2. Execution of the agreement entitled "AgPeement, Common G'Peen ImpPovements, West Park Unit No. 1" is hePeby authoPized, and the Mayor is authorized to execUte, said agPeement on behalf of City and City ClePk aZ-test his signatuPe thePeto and PecoPd om cause Pe¢oPdation of same in the official records of the County of San Mateo. 3. Execution of'the agreement entitled "AgPeement, SubdiVision ImpPovements, WestboPough - West PaPk Units 1 and 2, · Supplement 1" is hePeby authorized and the Mayop is author- · ized to execute said agPeement on behalf of the City and City ClePk attest his signatuPe thePeto. 4. The City AttoPney be and he is hereby authoPized to issue escPow instPuctions providing for the afoPegoing and to requiTe'the establishment of a fund of FoPty-two Thousand DollaPs '($42,000.00) deposited in the Title InsuPanee and . - 1- EXHIBIT "A" Parcels for Release from Holding Agreement Dated September 13, '1966, to ' Caesar Callan Homes, Inc.~, a' corporation' DESCRIPTION OF PARCELS:· Lots 1.to 26 inclusive, and 30 to 37 inclusive, in Block 2; Lots i to 26.inclusive, in Block 3; Lots i to 26 inclusive, in Block q; Lots i to 23 inclusive, in Block 5; and Lots i to 31 inclusive and 33 to 36 inclusive, in Block 6, all in "Westborough-West Park Unit No. l, South San Francisco, San Mateo County, California" which map was filed in the office of the Recorder of the County of San Mateo, State of California on November 19, 196q, in Book 61 of Maps at pages ll, 12, 13, lq, 15 and 16. EXHIBIT-~B,~ Items of Work to be Installed Westborough-West Park Unit No. 1 (Parcel 8), South San Francisco, California As of May 18, 1@69 1. Complete approximately 10 feet of street paving, including concrete curb gutters and catch basins at the south end of Carter Drive. 2. Repair cracks in street paving, curbs and gutters at south end of Carter Drive, Barryrae Lane, Meath Drive and Duhallow Way. Pave parking bay at southwest corner of Erris Court and Duhallow Way in Block 6. Add paving to existing paving for proper drainage to parking bay at Carter Drive and Duhallow Way in Block 5. 5. Install approximately 8,585 1.f. of concrete sidewalk Install 29 street lighting electroliers including conduit and cable. 7. Remove and replace w,a~ped A.C. at Sean and Carter Drives. 8. Replace 6.missing monument and valve box covers. (NOTE: Include in the aforegoing all contingency engineering and inspection costs) Trust Company as a supplementary fund for the construc- tion and installation of items of work set forth in Exhibit "B" attached hereto, said sum to be disbursed on joint instructions of City and First Mortgage Investors as the work progresses, pending disbursement of which same is to be placed in Certificates of Deposit on interest- bearing account, with interest to be remitted quarterly to F.M.I. The City Attorney be and he is hereby authorized to execute the necessary instructions and documents to carry out the provisions of this Resolution. I hereby certify that the .foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a held on the 19th day of the following vote: May re'Qular ..meeting , 19 69 , by AYES, COUNCILMEN Frank J. Bertucellt, Patrick E. Ahern, F. Frank Mammint, Andrew Rocca and Warren Stetnkamp NOES, ABSENT, " None None ATTEST: ~ k - 2 -