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Resolution - 5216RESOLUTION NO. 5216 A RESOLUTION OF THE CITY COUNCIL OF THE • CITY OF WEST COVINA APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 30982, 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. 30982 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 con- ditions 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. 30982 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, excepting the offer to grant Lots 62 and 63, 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. 0 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 No. 7204180, 7204181'and 7204191, presented as security for the faithful performance of the terms and conditions of said agreement with Donald L. Bren as principal and the American Insurance Company as surety, in the total sum of Two Hundred Thirty Four Thousand Three Hundred Seventy Dollars ($234,370), be and the.same hereby are accepted. SECTION 5. That the City Clerk shall certify to the adoption of this resolution. 1976. Attest: City Clerk APPROVED and ADOPTED this 29th day of March • I HEREBY CERTIFY that the foregoing Resolution No. 5216 was duly adopted by the City Council of the City of West Covina at an adjourned regular meeting thereof held on the 29th day of March, 1976, by the following vote of the Council: AYES: Councilmen: Miller, Shearer, Tice, Browne. • NOES: Councilmen: None ABSENT: Councilmen: Chappell. APPROVED AS TO FORM: W Citly Attorney • 0 City C1 rk - 2 -