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Resolution - 5823RESOLUTION NO. 5823 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, APPROVING THE FINAL SUB- DIVISION MAP OF TRACT NO. 32281 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.32281 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 improve- ments 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 a final subdivision map of Tract No. 32281 submitted tothi-s 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 Lots 42, 43, 44 and 45 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 Nos. 8ST'341 665,. 8ST 341 673 and 8ST 341 674 presented as security for the faithful of performance the terms and conditions of said agreement with W & A Builders, Inc., as principal and Lumberman°s Mutual Casualty Company as surety, in the total sum of Two Hundred Twenty-six Thousand Four Hundred Fifty Dollars ($226,450.00), 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 llth day of December , 1978. • ATTES Mayor City Cl rk I HEREBY CERTIFY that the foregoing Resolution No. 5823 was adopted by the City Council of the City of West Covina at a regular meeting thereof held on the llth day of December 1978, by the following vote of Council: AYES: Councilmen: Miller, Shearer, Browne, ':Chappell, Tice. NOES: Councilmen:. None ABSENT: Councilmen: None APPROVED AS TO FORM: City Attorney 0 • City Clerk - 2 -