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Resolution - 5516RESOLUTION NO.•5516 A.RESOLUTION OF THE CITY COUNCIL OF .THE CITY OF'WEST'COVINA APPROVING THE FINAL., SUBDIVISION MAP OF TRACT NO, 23006; ACCEPTING AN AGREEMENT BY THE SUBDIVIDER AND SURETY BONDS TO SECURE THE SAME WHEREAS, there has.been submitted.to,this-meeting.by. the -owner and subdivider thereof, a final subdivision map,of Tract°No. 23006 which has been approved by the'Planning Commis- sion and by the City Engineer; and WHEREAS, there has been submitted to this meeting a, proposed agreement by.the subdivider -for -the construction of - certain improvements within or for said subdivision; and WHEREAS, said proposed'agreement,is-accompanied by . surety bonds for the-.fa•ithful performance of the terms and conditions of:said agreement; NOW,•THEREFORE, the City Council of the City of West Covina does resolbe'as follows:. SECTION 1. That the .final subdivision map of Tract No. 23006 submitted to this meeting be and the same is hereby . approved:_ SECTION 2; That the dedication therein offered b'e and the same..is hereby accepted for public use, excepting the offer to grant Lots.50, 51 and 52 subject to any restriction to be filed and recorded therewith; and that the proper offi- •cers of the City of West Covina be and they are hereby author- ized and instructed to approve.said final map"on behalf of the City. 'SECTION 3. That the proposed•agreement by the subdivides` in the•form submitted to this meeting be.accepted. SECTION 4. That`the Surety Bonds Numbers 400 DR 4400/ 145, 400 DR 4400/158 and 400 DR"4400/159 presented as security for the faithful.performance of the terms and conditions of.. said agreement with Umark Inc., as principal•and•St. Paul Fire and Marine Insurance Company as surety, in the total sum of. Five Hundred Ninety Eight Thousand, Six Hundred and No/100 Dollars ($598,600-.00), be and the same hereby are accepted. SECTION 5. .-That the City, Clerk shall certify to the adoption of this resolution... APPROVED AND ADOPTED this- 8th day of. August-, 1977. Mayor :'Attest City Cler