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Resolution - 5449RESOLUTION NO. 5449 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 33017, 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. 33017 which has been approved by the Planning Commission and by the City Engineer; and WHEREAS, there has been submitted to this meeting a pro- posed 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. 33017 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 46 and 47, 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 subdivider in the form submitted to this meeting be accepted. SECTION 4. That the Surety Bonds numbers 400 DR 4400/132, 400 CP 9636/130, and 400 DR 4400/144 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 and a cash deposit $1,300.00, in the total sum of Two Hundred Ninety Seven Thousand, Eight Hundred and no/100 Dollars ($297,800.00), be and the same hereby are accepted. SECTION 5. That the City Clerk shall certify to the adoption of this resolution. 1977. ATTEST: APPROVED AND ADOPTED this 9th City Clerk day of May I hereby certify that the foregoing Resolution No.5449 Was adopted by the City Council of the City of West Covina at a regular meeting thereof held on the 9th day of May, 1977, by the following vote of the Council: • AYES: Councilmen: Miller, Chappell, Tice, Browne, Shearer. • NOES: Councilmen: None ABSENT: Councilmen: None Approved as to form: (At LV-44-14-t" CitAy Attorney ity Clerk - 2 -