To: Board of Supervisors
From: Warren Lai, Public Works Director/Chief Engineer
Report Title: Approving the Final Map and Subdivision Agreement for subdivision SD21-09588, for a project being developed by Loreto Residential, LLC, Bay Point area.
☒Recommendation of the County Administrator ☐ Recommendation of Board Committee
RECOMMENDATIONS:
ADOPT Resolution approving the Final Map and Subdivision Agreement for subdivision SD21-09588, for a project being developed by Loreto Residential, LLC, as recommended by the Public Works Director, Bay Point area. (District V)
FISCAL IMPACT:
No fiscal impact.
BACKGROUND:
The Public Works Department has reviewed the conditions of approval for subdivision SD21-09588 and has determined that all conditions of approval for Final Map approval have been satisfied.
CONSEQUENCE OF NEGATIVE ACTION:
The Final Map and Subdivision Agreement will not be approved and recorded.
c: Jocelyn LaRocque-Engineering Services, Alex Vazquez-Engineering Services, Anthony DiSilvestre-Engineering Services, Randy Sanders-Design/Construction, Theresa Sheperd-Design/Construction, Chris Lau-Maintenance, Renee Hutchins-Records, Karen Piona-Records, Chris Halford-Mapping, Ciara Herrold-Finance, Dulce Reckmeyer-Walton-DCD, Loreto Residential, LLC, Fidelity National Title Company
THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
and for Special Districts, Agencies and Authorities Governed by the Board
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IN THE MATTER OF: Approving the Final Map and Subdivision Agreement for subdivision SD21-09588, for a project being developed by Loreto Residential, LLC, as recommended by the Public Works Director, Bay Point area. (District V)
WHEREAS, the following documents were present for board approval this date:
I. Map
The Final Map of subdivision SD21-09588, property located in the Bay Point area, Supervisorial District V, said map having been certified by the proper officials.
II. Subdivision Agreement
A subdivision agreement with Loreto Residential LLC, principal, whereby said principal agrees to complete all improvements as required in said subdivision agreement within 2 years from the date of said agreement. Accompanying said subdivision agreement is security guaranteeing completion of said improvements as follows:
A. Cash Bond
Performance Amount: $8,240
Auditor’s Deposit Permit No. DP908779 Date: February 25, 2025
Submitted By: Loreto Residential, LLC
B. Surety Bond
Bond Company: Lexon Insurance Company
Bond Number: LICX1215683 Date: January 29, 2025
Performance Amount: $815,760
Labor & Materials Amount: $412,000
Submitted By: Loreto Residential, LLC
III. Tax Letter
Letter from the County Tax Collector stating that there are no unpaid County taxes heretofore levied on the property included in said map and that the 2024-2025 tax lien has been paid in full, and the 2025-2026 tax lien, which became a lien on the first day of January, 2025 is estimated to be $15,260. Security guaranteeing payment of said tax lien is as follows:
• Tax Bond
Bond Company: Lexon Insurance Company
Bond Number: LICX1215685 Date: April 15, 2025
Bond Amount: $15,260
Submitted By: Loreto Residential, LLC
NOW, THEREFORE, BE IT RESOLVED:
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1. That said subdivision, together with the provisions for its design and improvement, is DETERMINED to be consistent with the County’s general and specific plans.
2. That said Final Map is APPROVED and this Board does hereby accept subject to installation and acceptance of improvements on behalf of the public any of the streets, paths, or easements shown thereon as dedicated to public use.
3. That said subdivision agreement is also APPROVED.
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