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Resolution - 2716RESOLUTION NO, 2716 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, APPROVING BOND TO GUARANTEE THE COST OF CERTAIN IMPROVEMENTS AND THE TIME OF COMPLETION IN TR&C2xNN PRECISE PLAN #340 IN SAID CITY. THE CITY COUNCIL OF THE CITY OF WEST COVINA DOES RESOLVE AS FOLLOWS: Precise Plan.#340 SECTION to WHEREAS, final map of proposed' XM ._ has heretofore been approved by this Council subject to the approval of a bond to guarantee the cost of certain improvements therein, as follows: the construction of concrete curbs and gutters, grading, pavement, cross -gutters and appurtenant structures, etc"., as outlined on construction plan on file in the office of the City Engineer; NOW, THEREFORE, BE IT RESOLVED that the surety bond executed by MERRICKr.INCORPORATED , as principal, and National Uninn Fire TnS_.Co_ of Pi Sbnrffh pa'as Surety, dated July 25 , 19_�3_, for the sum of FIVE THO G ND ------------- -------------------------Dollars ($5,000.00) guaranteeing the improvements Prise as Plan #3 in saic✓SiecX163ie as outlined on construction plan on file in the office of the City Engineer of said City, and as described in said bond, be and the same is hereby approved and accepted upon the terms and conditions in said bond stated, BE IT FURTHER RESOLVED that all such improvements required to be made in said Tract shall be completed within one year from the date of said bond. SECTION 2, The City Clerk shall certify to the adoption of this Resolution. Adopted and approved this 12th day of August , 19 63 f ayor I hereby certify that the foregoing Resolution'was duly adopted by the City Council of the City of West Covina at a regular meeting thereof held on the 12th day of August , 19 63 , by the following vote of the Council: AYES: Councilmen: Towner, Heath, Snyder, May rnes NOES: Councilmen: None ABSENT: Councilmen: Jett Y City Clerk