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Resolution - 5653RESOLUTION NO. 5653 • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 33665 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. 33665, 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 Tract No. 33665 submitted • is hereby approved. the final subdivision map of to'this meeting be and the same SECTION 2. That the dedication therein offered be and the same is hereby accepted for public use, excepting the offer to grant Lots 53, 54 and 55, subject to any restric- tion 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 4400/199, 400 DR 4400/200, and 400 DR 4400/201 presented as security for the faithful performance of the terms and condi- tions 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 Two Thousand Three Hundred and No/100 Dollars ($302,300.00), 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'13th day of March 1978. ATTEST: ayor City Clerk I HEREBY CERTIFY that the foregoing Resolution No. 5653 was adopted by the City Council of the City of West Covina at a regular meeting thereof held on the 13th day of March 1978, by the following vote of Council: • AYES: Councilmen: Miller, Chappell, Browne, Tice, Shearer. NOES: Councilmen: None ABSENT: Councilmen: None APPROVED AS TO FORM: W , City Attorney • • . "Z-461 �. City Clerk - 2 -