Resolution - 6530RESOLUTION NO. 6530
A RESOLUTION OF THE CITY COUNCIL OF THE CITY'OF
WEST COVINA, CALIFORNIA, APPROVING FINAL TRACT
MAP OF TRACT NO. 41972 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. 41972
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 improve-
ments within or for said subdivision; and
WHEREAS, said proposed agreement i`s 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. 41972
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 bond numbers 1 SM 560 976 and
1 SM 560 977 presented as security for the faithful performance of
the terms and conditions of said.agreement with ARK Partnership #1,
as principal, and American Motorists Insurance Company, as surety,
in the total sum of Sixty -Three Thousand Two Hundred Dollars
($63,200.00), 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 loth day of May , 1982.
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City .C1 rk
I HEREBY CERTIFY that the foregoing Resolution No. 6530
was adopted by the City Council of the City of West Covina,
California, at a regular meeting thereof held on the 10th
day of May 1982, by the following vote of the
Council:
AYES: Councilmen: Bacon, Tennant, Shearer, Chappell, Tice
NOES: Councilmen: None
ABSENT: Councilmen: None
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APPRO D AS TO FORM:
• City Attorney
City•C1 k
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