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Resolution - 5137• RESOLUTION NO. 5137 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 31633 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. 31633 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 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. 31633 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 Lots 48 and 49, 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 subdivider in the form submitted to this meeting be accepted. SECTION 4. That the Surety Bonds Nos. 400 DR 4400/62 and 440 DR 4400/61 presented as security for the faithful performance of the terms and conditions of said agreement with UMARK Inc., as principals and St.'Paul Fire and Marine Insurance Company as surety, in the total sum of One Hundred Thirty Eight Thousand Ten and no/100 Dollars ($138,010.00), be and the same hereby are accepted. SECTION 5. That the.City Clerk shall certify to the adoption of this resolution. Attest: Approved and adopted this loth day of November , 1975. City Clerk Mayor Resolution No. 5137 • • .• 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 loth day of November , 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: City Attorn y City Clekk- 2 -