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Resolution - 5347RESOLUTION NO. 5347 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 32980 ACCEPT- ING 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. 32980 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; 11 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. 32980 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 84, 85,.86, 87, and 88, subject to any • restriction 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 sub- divider in the form submitted to this meeting be accepted. SECTION 4. That the Surety Bonds Numbers 400 DR 4400/109, 400 DR 4400/111, 400 DR 4400/112, 400 DR 4400/115, 400 DR 4400/117, and 400 DR 4400/120 presented as security for the faithful performance the terms and conditions of said agreement with UMARK INC. as principal, and St. Paul Fire and Marine Insurance Company as surety, in the total sum of Six Hundred Eighty One Thousand Two Hundred and no/100 Dollars ($681,200.00) 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 November y 1976. � • -_ Mayor ATTEST: City Clerk I hereby certify that the foregoing resolution No. 5347 was duly adopted by the City Council of the City of West Covina at a regular meeting thereof held on the 22nd day of November 1976, by the following vote of the Council: • AYES: Councilmen: Miller, Chappell, Shearer, Tice, Browne. NOES: Councilmen: None. ABSENT: Councilmen: None. City Clerk Approved as to form: (J"'.. U k � �g � ity Attorney o I •