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Resolution - 6241RESOLUTION NO. 6241 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF • WEST COVINA, CALIFORNIA, APPROVING FINAL TRACT MAP OF TRACT NO. 33656 AND ACCEPTING AN AGREE- MENT 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. 33656 which has been approved by the Planning Commission 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 faithful performance of the terms and con- ditions of said agreement; NOW, THEREFORE, the City Council of the City of West Covina does resolve as follows: SECTION 1. That the final subdivision map of Tract No. 33656 submitted to this meeting be and the same is hereby approved. • SECTION 2. That the dedication therein offered by and the same is hereby accepted for public use subject to any restriction to be filed and recorded therewith; and that the proper officers of the City of West Covina be and they are hereby authorized and instructed to approve said final map on behalf of the City. SECTION 3. That the proposed agreement by the subdivider in the form submitted to this meeting be accepted. SECTION 4. That the surety bonds numbers 59 SB 018 759 BCA, 59 SB 018 760 BCA and 59 SB 018 772 BCA presented as security for the faithful performance of the terms and conditions of said agreement with Ponderosa Homes, a California General Partnership, as principal, and.The Aetna Casualty and Surety Company, as surety, in the total sum of Two Million Twenty-nine Thousand Dollars ($2,029,000), 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 December , 1980. • Mayor ATTErS. City Clerk I HEREBY CERTIFY that the foregoing Resolution No.6241 was adopted by the City Council of the City of West Covina, California, at a regular meeting thereof held on the 8th • day of December 1980, by the following vote of the Council: AYES:. Councilmen: Tennant,- Chappell, Tice, Shearer NOES: Councilmen: None ABSENT: Councilmen: None ABSTAINED: Councilman Bacon • Approved as to form: City Attorney City Clerk -2-