Resolution - 5419RESOLUTION NO. 5419
A RESOLUTION OF THE CITY COUNCIL OF THE
• CITY OF WEST COVINA APPROVING THE FINAL
SUBDIVISION MAP OF TRACT NO. 33324, 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. 33324 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. 33324 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 47 and 48, 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.400DR 4400/
128, 400 DR 400/129, and 400 DR 4400/130 presented as security
for the faithful performance of 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
Three Hundred Forty Three Thousand, Five Hundred and no/100
Dollars ($343,500.00), 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 28th day of March
1977.
r
• Mayor Pro Tem
ATTEST:
City Clerk
I hereby certify that the foregoing Resolution
No. 5419 was duly adopted by the City Council of the
City of West Covina at a regular meeting thereof held on the
28th day of March 1977, by the following vote
• of the Council:
AYES: Councilmen: Miller, Chappell, Browne, Tice.
NOES: Councilmen: None
ABSENT: Councilmen: Shearer.
Approved as to form:
6&vAo (kJ V�44",
Ci y Attorney
•
•
City Clerk
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