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Resolution - 5177RESOLUTION NO. 5177 • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 26883, 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. 26883 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 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. 26883 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, 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 here- by authorized and instructed to approve said final map on behalf of the City. r SECTION 3. That the proposed agreement by the sub- divider in the form submitted to this meeting be accepted. SECTION 4. That the Surety Bond No. 72,04068, presented as security for the faithful performance of the terms and condi- tions of said agreement with Donald L. Bren as principal and the American Insurance Company as surety, in the total sum of Thirteen Thousand and No/100 Dollars ($13,000), be and the same hereby is accepted. SECTION 5. That the City Clerk shall certify to the adoption of this resolution. Attest: APPROVED and ADOPTED this 12th day of January , 1976. City Clerk Mayor 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 January-, 1976, 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 Attorney n U City Clerk