Resolution - 5163•
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RESOLUTION No.5163
A RESOLUTION OF THE CITY COUNCIL OF�THE
CITY OF WEST COVINA APPROVING THE FINAL
SUBDIVISION MAP OF TRACT NO. 26283
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. 26283 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. 26283 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 2 and 8, 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. 2584332 and
2584331 presented as security for the faithful performance of
the terms and conditions of said agreement with Covington
Brothers as principals and SAFECO Insurance Company of America
as surety, in the total sum of One Hundred Twenty Eight Thousand
Five Hundred and no/100 Dollars ($128,500.00), be and the same
hereby are accepted.
SECTION 5. That the City Clerk shall certify to the
adoption of this resolution.
APPROVED AND ADOPTED this 22nd day of December 1 1975.
ATTEST: -
City C'ler'k
I hereby certify that the foregoing resolution-No..5163.was
duly adopted by the City Council of the City of West Covina
at a regular meeting thereof held on the 22nd day of December ,
1975, by the following vote of the Council:
.AYES: Councilmen: Shearer, Miller, Browne, Tice, Chappell
• NOES: Councilmen: None
ABSENT: Councilmen: None
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Approved as to form:
aAmx4 W "Adjd4a
City Attorney
•
r
City Clerk"