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Resolution - 5062I] • RESOLUTION NO. 5062 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 32580, 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. 32580 which has been approved by the Planning Commis- sion 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: SECTION11. That the final subdivision map of Tract No. 32580 submitted to this meeting be and the same is hereby approved. SECTION 2. That the dedication therein offered be and the same is hereby accepted for public use, subject to any restrictions 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 sub- divider in the form submitted to this meeting be accepted. SECTION 4. That the surety bonds Nos. 400 DR 4400/48, 7203989, 7203985 and 7203979 presented as security for the faith.- fu1 performance the terms and conditions of said agreement with UMARK Inc and Donald L. Bren Company, as principals, and the American Insurance Company and St. Paul Fire and Marine Insurance Company as sureties, in the total sum of Three Hundred and Fifteen Thousand Six Hundred and Ten Dollars ($315,610), be and the same hereby are accepted. SECTION 5. That the City Clerk shall certify to the adoption of this resolution. 1975. Approved and adopted this • Attes City Clerk 9th day of June Mayor Resolution No. 5062 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 9th day of June 1975, by the following vote of the Council: AYES: Councilmen Shearer, Miller, Browne, Tice, Chappell NOES: Councilmen None ABSENT: Councilmen None Approved as to form: "dilty Attorney • �I