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Resolution - 8446• RESOLUTION NO. 8446 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 45656 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. 45656 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 the final subdivision map of Tract No. 45656 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, 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 Bond Nos. 972019Sand 972020S presented as security for the faithful performance of the terms and conditions of said agreement with Charles F. Nichols and Judith A. Nichols, as Principal, and Indemnity Company of California, as Surety, in the total sum of Three Hundred and Ninety -One Thousand Dollars ($391,000.00), be and the same hereby are accepted. SECTION 5. That the City Clerk shall certify to the adoption of this resolution. SECTION 6. That the City Clerk shall transmit a certified copy of this resolution to Cencom Cable T.V. ATTEST: City Clerk I HEREBY CERT Y that the foregoing resolution was adopted by the City Council of West Covina, California, at an Adjourned Meeting thereof held on the 8th day of January 1990, by the following vote of the Council: • AYES: Councilmembers: Tarozzi, NOES: Councilmembers: None ABSENT: Councilmembers: None McFadden, Planners, Lewis, Bacon APPROVED AS TO FORM: �A . 9�Qt D'�yLr=J ity Attorney City Clerk