Resolution - 8365RESOLUTION NO. 8365
• A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST
COVINA, CALIFORNIA, APPROVING THE FINAL SUBDIVISION
MAP OF TRACT NO. 46202 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 sub-
divider thereof, a final subdivision map of Tract No. 46202 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. 46202 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 there-
with; 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 sub-
mitted to this meeting be accepted.
SECTION 4. That the Irrevocable Letter of Credit NO. 89-129 presented as
security for the faithful performance of the terms and conditions of said agreement
with Paul and Anna Gigar, as Principal, and Guardian Bank, as Surety, in the
total sum of Two Hundred Five Thousand Eight Hundred Dollars ($205,800.00), be and the
same hereby are accepted.
SECTION 5. That the City Clerk shall certify to the adoption of this
resolution.
Mayor
ATTEST:
City Clerk
I HERBY CERTIFY that the foregoing resolution was adopted by the
City Council of West Covina, California, at a regular meeting thereof held on
the 10th day of July 1989, by the following vote of the Council:
AYES: Councilmembers: McFadden, Manners, Bacon, Lewis
• NOES: Councilmembers: None
ABSENT: Councilmembers: Tarozzi
APPROVED AS TO FORM:
6 5 ,City Attorney