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Resolution - 5728RESOLUTION NO. 5728 A RESOLUTION OF THE CITY COUNCIL OF • THE CITY OF WEST COVINA APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 34894 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. 34894,which has been approved by the Planning Commis- sion 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. 34894 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 Lot 72, 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 Numbers 400 DB 4400/ 221,400 DB 4400/220, 400 DB 440/223, 400 DB 440/222 and 400 DB 440/219 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 in the total sum of Two Hundred Thirty Nine Thousand Eight Hundred and No/100 Dollars ($239,800.00), 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 loth day of July , 1978. 0 LAL _7�le ATTEST: Mayor City Clerk • • • I HEREBY CERTIFY that the foregoing Resolution No. 5728 was adopted by the City Council of the City of West Covina at a regular meeting thereof held on the loth day of July , 1978, by the following vote of Council: AYES: Councilmen: Miller, Browne, Chappell, Tice. NOES: Councilmen: None ABSENT: Councilmen: Shearer. APPROVED AS TO"'FORM: City Attorney City Cler - 2 -