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Resolution - 5154i RESOLUTION NO. 5154 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 31472, ACCEPTING AN AGREEMENT BY THE SUBDIVIDER AND SURETY. BOND 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. 31472 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 a surety bond 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. 31472 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 49, 50, 51, 52 and 53, 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 Bond No. 5543337, presented as security for the faithful performance of the terms and conditions of said agreement with Kent Land Company as principals and American Casualty Company of Reading, Penn, sylvania as surety, in the total sum of One Hundred Twenty One Thousand Two Hundred and No/100 Dollars ($121,200), be and' the same hereby is accepted. SECTION 5. That the City Clerk shall certify to the adoption of this resolution. 1975. Approved and adopted this 8th day of December , Mayo Attest: �() i" - �Cly C er I hereby certify that the foregoing° resolution No. 5154' was duly adopted by the City Council of the City.of West Covina at a regular meeting thereof held on the 8th day Of December 1975, by the following vote .of the Council: AYES: Councilmen: Shearer, Miller, Browne, Tice, Chappell NOES: Councilmen: None ABSENT: Councilmen: None City Clerk Approved as to form: City Atto ney