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Resolution - 6485RESOLUTION NO. 6485 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, APPROVING THE FINAL SUBDIVISION • MAP OF TRACT 140. 33835 .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. 33835 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 conditions 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. 33835 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, excepting the offer to • grant Lot 57, 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 Letters of Credit presented as security for the faithful.performance of the terms and conditions of said agreement with Imperial Savings and Loan Association, as principal, and Imperial Savings and Loan Association, as surety, in the total sum of Five Hundred Fifty -Seven Thousand Two Hundred Fifty Dollars ($557,250), 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 February , 1982. • Mayor AT TE City Clerk, I HEREBY CERTIFY that the foregoing Resolution No. 6485 was adopted by the City Council of the City of West Covina at a regular meeting thereof held on the 8th day of February , 1982, by the following vote of the Council: AYES: Councilmen: Bacon, Tennant, Chappell, Tice, Shearer NOES: Councilmen: None ABSENT: Councilmen: None • APPROVED AS TO FORM: d) '-, 'C") (� Q .. ty ttor ey 0 iwi. - 4/- - City Cler -2-