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RELEASE OF ESCROW FOR OAKRIDGE UNIT 2 SUBDIVISION <br />The Board reviewed the following memo dated 9/27/88: <br />TO: <br />William G. Collins II <br />Acting County Administrator <br />THROUGH: James W. Davis, P.E., <br />Public Works Director <br />FROM: Dave Cox, <br />Traffic Engineering Manager <br />SUBJECT: Oakridge Investments Inc. Release of Escrow <br />for Oakridge Unit 2 Subdivision <br />DATE: September 27, 1988 <br />On September 26, 1988, Engineering Division staff conducted a <br />re -inspection of the improvements constructed as a part of <br />Oakridge Unit 2 Subdivision. All the items that were listed as <br />deficiencies during the inspection of July 21, 1988 have been <br />corrected. <br />Staff's recommendation is to approvetherelease of the funds in <br />the amount of $14,000 escrowed in the June 30, 1987 agreement <br />between the County and Oakridge Investments Inc. <br />OCT 1 1 1988 <br />ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Wheeler, the Board adopted Resolution <br />88-99, approving a request to release a cash deposit <br />and escrow agreement for required improvements in the <br />Oakridge Unit 2 Subdivision. <br />49 <br />BOOK <br />74 F', E 493 <br />