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Resolution - 5904RESOLUTION NO. 5904 • A RESOLUTION OF THE CITY COUNCIL OF'THE CITY OF WEST COVINA, CALIFORNIA, APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 35602 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. 35602.which has-been approved by the Planning,Commission and by 'the City Engineer; and WHEREAS, there has been.submitted to this meeting a pro- posed agreement by the subdivider for the construction of cer- tain 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. 35602 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 subject to any restriction to be filed and recorded therewith; and that the proper officers of the City of,­;Wes,t 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 assignment of a regular passbook sav- ings account, No.-5311570 and Bond No. L05-037381 presented as security for the faithful performance the terms and conditions of said agreement with Benson and Buccola Enterprises, Inc., as- principal and-Progressive_Savings and Loan Association and Balboa Insurance Company, respectively, as sureties; in the total sum of Thirty -Nine Thousand Ten',Dollars ($39,010.00), be and the same hereby are accepted t SECTION'5. That the City Clerk shall certify to the adoption of this resolution. APPROVED AND ADOPTED this 23rd day of April , 1979. • Mayo ATTEST: City Clerk I HEREBY CERTIFY that the foregoing -Resolution No. 5904 was adopted by the City Council of the City of.West Covina at a regular meeting thereof held on the 23rd day of. April , 1979, by the following vote of the Council: AYES: Councilmen: Miller, Tice, Shearer, Browne, Chappell NOES: Councilmen: None ABSENT:, Councilmen: None r LJ • Approved as to Form: tr (' City Attorney City Clerk - 2 -