Resolution - 5293RESOLUTION NO. -5293
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF WEST COVINA APPROVING THE FINAL SUBDIVISION
MAP OF TRACT NO. 28406 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. 28406 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 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. 28406 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 72, 149, 150 and 151, 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 Nos. 7204369, 7205451
and 7205452 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 Six Hundred Eighteen Thousand Two Hundred and Seventy Dollars
($618,270.00), 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 28th day of July, 1976.
City Clerk
•
I hereby certify that the foregoing resolution No. 5293
was duly adopted by the City Council of the City of West. -Covina
at...an...a.dj.ourned regular meeting thereof held on the 28th day.
of July, 1976, by the following vote of the Council:
AYES: Councilmen: Miller, Chappell, Shearer, Tice, Browne
NOES: Councilmen: None
ABSENT: Councilmen: None
Approved as to form:
I I Wj /"t-O
Ci y Attorne
City Clerk