HomeMy WebLinkAboutResolution No. 3592 RESOLUTION NO. 3592
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
DOWNEY APPROVING THE FINAL SUBDIVISION MAP OF
TRACT NO. 34867 APPROVING AN AGREEMENT WITH THE
SUBDIVIDERS AND ACCEPTANCE OF A LETTER OF CREDIT
IN LIEU OF SURETY BONDS (Downey Avenue at
Cole Street)
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. 34867 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. 34867 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. Stephen J. Koonce, County
Engineer, and to Mr. E. P. Benedict, Road Commissioner, for the County of Los
Angeles.
APPROVED AND ADOPTED this 12th day of September , 1978.
ale6t2.00/t14
William L. Greene, Mayor
ATTEST:
)
j
Robert L. Shand, 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 12th day
of September , 1978, by the following vote:
AYES: 5 Council Members: Jackman, Miller, Mackaig, Swearingen, Greene
NOES: 0 Council Members: None
ABSENT: 0 Council Members: None `—
/'
Robert L. Shand, City Clerk