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Resolution - 5677RESOLUTION NO. 5677 A'RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 33330 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. 33330 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 con- ditions 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. 33330 submitted to this meeting be and the same is hereby approved. SECTION 2. That the dedication therein offered by and the same is hereby accepted for public use excepting the offer to grant Lot 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 Nos. 7ST 340 977, 8ST 341 116, and 8ST 341 115 presented as security for the faith- ful performance the terms and conditions of said agreement with W 7 A Builders, Inc., as principal and Lumbermans Mutual Casualty Company as surety, in the total sum of Four Hundred Forty Five Thousand Two Hundred Fifty Dollars ($445,250.00), 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 24th day of April , 1'978 . Mayor ATTEST: s ity Clerk ' 1' I HEREBY CERTIFY that the foregoing Resolution No. 5677 was adopted by the City Council of the City of West Covina at a regular meeting thereof held on the 24th day.`of April ,.1978, by the'following vote of Council: AYES: Councilmen: Miller, Shearer, Chappell, Tice. • NOES: Councilmen: None ABSENT: Councilmen: Browne ZL City Cler Approved as to form: City Attorney - 2 -