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Resolution - 5459RESOLUTION NO. 5459 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROVING THE • FINAL SUBDIVISION MAP OF TRACT NO. 33271 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. 33271 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. 33271 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 of-fer to grant Lot 46, 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 in- structed 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 Nos. 7114324, 7114650, 7114323 and 7114322 presented as security for the faithful performance the terms and conditions of said agree- ment with Covington Brothers as principal, and American In- surance Company as surety, in the total sum 6f Three Hundred One Thousand, Seven Hundred Dollars ($301,700) 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 23 day of May, 1977. Attest: Deputy":Ci_ty__ -o.rk v Mayor 0 • .I hereby certify that the foregoing resolution No. 5459 was duly adopted by the City Council of the City -of West Covina at a.regular meeting thereof held on the 23rd day Of May, 1977, by the following vote of the Council: AYES: Councilmen: Miller, Chappell, $town Tice; ` She'a:r=er-, NOES: Councilmen: None c ABSENT: Councilmen: None Approved as to form: C' y Attorne epu y"City Clerk