Resolution - 5420RESOLUTION NO. 5420
A RESOLUTION OF THE CITY COUNCIL OF THE
• CITY OF WEST COVINA APPROVING THE FINAL
SUBDIVISION MAP OF TRACT NO. 33112, 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. 33112 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. 33112 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 60, 61 and 64, subject to any restriction
to be filed and recorded therewith; and that the proper offi-
cers of the City of West Covina be and they are hereby author-
ized 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/
124, 400 DR 4400/125, 400 DR 4400/126, and 400 DR 4400/127,
presented as security for the faithful performance of the
terms and conditions of said agreement with Umark Inc. as prin-
cipal, and St. Paul Fire and Marine Insurance Company as surety,
in the total sum of Three Hundred Seventy Thousand, Three
Hundred and no/100 Dollars ($370,300.00).,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.
May Pro Tem
ATTEST:
City Clerk
I hereby certify that.the foregoing Resolution
No. 5420 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:
W"4 w
City Attor ty -
L�
•
City Clerk
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