HomeMy WebLinkAboutResolution No. 3298 RESOLUTION NO. 3298
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
APPROVING THE FINAL SUBDIVISION MAP OF TRACT NO. 32726
APPROVING AN AGREEMENT WITH THE SUBDIVIDERS AND ACCEPTANCE
OF A LETTER OF CREDIT IN LIEU OF SURETY BONDS (8314
LEXINGTON ROAD)
THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS:
SECTION 1. There is hereby submitted to the City Council by the
owners and subdividers thereof, a final subdivision map of Tract No.
32726 approved by the Planning Commission and by the City Engineer.
SECTION 2. There is herewith submitted to the Downey City Council
a proposed contract between the City of Downey and the owners of said
tract for the construction of certain improvements within said
subdivision.
SECTION 3. The above described contract is accompanied by a
letter of credit in lieu of surety bonds for the faithful performance
of the terms and conditions of said contract and for labor and materials.
SECTION 4. The Downey City Council does hereby order:
(a) That the subdivision map of Tract No. 32726 submitted to this
meeting, be and the same is hereby approved;
(b) That the Mayor of the City of Downey is hereby authorized and
directed to execute the proposed contract between the City
and said owners, and the same is hereby approved;
(c) That the Letter of Credit on file in lieu of the surety bonds
presented for the faithful performance of the terms and
conditions of said contract, and for labor and materials,
be and the same are hereby accepted.
SECTION 5. The City Clerk shall certify to the adoption of this
resolution and forward a certified copy of this resolution to Mr. Harvey T.
Brandt, County Engineer, and to Mr. I. L. Morhar, Road Commissioner,
for the County of Los Angeles.
APPROVED AND ADOPTED this 25th day of May
1976.
Haz N. Scotto, Mayor
ATTEST:
6,J;41,` Y Y
City Clerk
I HEREBY CERTIFY that the foregoing resolution was duly adopted
by the City Council of the City of Downey at a regular meeting thereof
held on the 25th day of May , 1976, by the following
vote:
AYES: 5 Council Member: Greene, Jennings, Miller, Jackman, Scotto
NOES: 0 Council Member: None
ABSENT: 0 Council Member: None
YY LL i,r.•/ V
City Clerk