SU0014622 - Laserfiche WebLink

Home Browse Search

PURCHASE MONEY HANDLING: ( Continued) THE SUBDIVIDER HAS NO SUCH INTEREST IN THE ESCROW COMPANY WHICH IS TO BE USED IN CONNECTION WITH THE SALE OR LEASE OF EXCLUSIVE USE AREAS. SOILS CONDITIONS: A Soils Report and Geologic Report were waived by the County of San Joaquin. FLOOD AND DRAINAGE: The San Joaquin County Flood Control and Water Conservation District advises: "Lot Number 2 of Tower Park Village, located south of State Highway Route Number 12 and east of Little Potato Slough, is located within a National Flood Insurance Administration Flood Hazard area. A U.S . Army Corps of Engineers ' study indicates that this area would be inundated from a flood, having a return frequency of one in one- hundred years to elevation 7 .5 feet N.G.V.D. This site is not located within areas covered by floodway or flood plain maps of the Reclamation Board of the State of California, on file in this office ." WATER: The Little Potato Slough Mutual Water Company, a California corporation advises that it will supply water service to each Exclusive Use Area. This is a mutual water company. A mutual water company is not subject to supervision or regulation as a public utility company. No public agency has any supervision or control over the management, rates, assessments, charges or conduct of business by a mutual water company . Usually, you must be a stockholder in the mutual water company in order to be entitled to get water. A share of stock will cost $100 .00 . A stockholder must share in the costs of operation of the water company. His share of stock may be assessed for any amount the management deems necessary to the continuation of the operation of the water company. Through his stock, the stockholder has a voice in the management. If a stockholder' s vote is one of the minority on the issues of management, individual dissatisfaction may not be easily resolved. The share of stock is appurtenant to the indivi- dual lot or parcel and may not be disposed of separately . FIRE PROTECTION: The County of San Joaquin Bureau of Fire Protection advises as follows: "Fire protection for Tower Park Village is provided through the Delta Fire Protection District of San Joaquin County. The District was formed on December 16 , 1985 , and will be funded by public and private donations and a special tax ordinance that was passsed by the voters by an 89 . 2% majority. Page 9 of 10 File No . 024024SA-F00