HomeMy WebLinkAbout069-98RECORDING REQUESTED BY:
City Clerk
Town of Danville
WHEN RECORDED, RETURN TO:
Town of Danville
510 La Gonda Way
Danville, CA 94526
Attn: Marie Sunseri
City Clerk
CONTRACOSTACo Recorder's Office
STEPHEN L. WEIR, County Recorder
DOC - 98--0100473--00
Check Number
Wednesday, HAY 06, 1998 13: 42: 56
CPY $6.00'~ FRE $0.00~
Tt ] Pd $6. O0 Nbr-O000116550
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RESOLUTION NO. 69-98
TERMINATING THE DEFERRED CSA FINANCING
AGREEMENT FOR SUBDIVISION 7452 (ALAMO SPRINGS)
WHEREAS, on December 16, 1997, the Danville Town Council adopted Resolution No. 191 -
97, approving the Subdivision Map, Subdivision Improvement Agreement and Deferred CSA
Financing Agreement (the "Deferral Agreement") for Subdivision 7452 (Alamo Springs); and
WHEREAS, pursuant to that resolution, the Town Manager executed the Deferral Agreement,
which Agreement was recorded with the Contra Costa County Recorder on February 4, 1998,
as Document 98-0022295-00; and
WHEREAS, the purpose of the Deferral Agreement was to prevent the owners of Subdivision
7452 from closing escrow on the sale of any of the lots located within the subdivision,
specifically Lots 1-11, until such time as Conira Costa County enacts the special tax or
assessment for County Service Area M-30 CCSA M-30") which will finance the provision of
Town services to all of Subdivision 7452; and
WHEREAS, the County Board of Supervisors has as of this date enacted the assessment for
CSA M-30 and the property owners, acting pursuant to Section 6 of the Deferral Agreement,
have requested that the Town terminate the Deferral Agreement; now, therefore, be it
RESOLVED, by the Danville Town Council that the Deferred CSA Financing Agreement for
Subdivision 7452, recorded with the Contra Costa Comnbr-Recorder on February 4, 1998, as
document 98-0022295-00, is hereby terminated and released with respect to the following
parcels of land: All of Parcels 1 - 11 as shown on the map of ~Subdivision 7452 on file at the
County Recorder's Office, recorded December 30, 1997, Map Book 397, Page 31; and, be it
further
100473
RESOLVED, that the City Clerk is directed to have this resolution recorded with the Conira
Costa County Recorder.
APPROVED by the Danville Town Council at a regular meeting on May 5, 1998, by the
following vote:
AYES: Waldo,
NOES: None
ABSTAINED: None
ABSENT: None
Arnerich,
Doyle, Greenberg, Shimansky
MAYOR
APPROVED AS TO FORM:
CITY ATTORNEY "
CITY CLERK
PAGE 2 OF RESOLUTION NO..69-98
END GF DOCUMEN1