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HomeMy WebLinkAboutResolution No. 3888 RESOLUTION NO. 3888 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY APPROVING FINAL PARCEL MAP NUMBER 13576, APPROVING AN AGREEMENT WITH THE DEVELOPERS AND ACCEPTANCE OF A SAVINGS ACCOUNT PASSBOOK IN LIEU OF SURETY BONDS. (Northeast corner Gallating Road and Lakewood Boulevard) 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, final Parcel Map Number 13576 approved 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 developers of said subdivision for the construction of certain improvements within said subdivision. SECTION 3. The above described contract is accompanied by a savings account passbook in which the City of Downey is named as Assignee 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 Parcel Map Number 13576 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 savings passbook on file in lieu of the g account surety bonds presented for the faithful performance of the terms and conditions of said contract, and for labor and materials, be and the same is hereby accepted. SECTION 5. The City Clerk shall certify to the adoption of this resolution and forward a certified copy of said resolution to Mr. Stephen J. Koonce, County Engineer, and to Mr. Tom Tidemanson, Road Commissioner for the County of Los Angeles. APPROVED AND ADOPTED this 12th day of November , 1980. t = C C` (-2 mr r Theodore H. Jackman / Mayor f ATTEST: Robert L. Shand City Clerk I HEREBY CERTIFY that the foregoing Resolution No.3888 was duly adopted by the City Council of the City of Downey at a regular meeting thereof held on the 12th day of November, 1980, by the following vote, to wit: AYES: 5 Council Members: Swearingen, Mackaig, Quinn, Cormack, Jackman NOES: 0 Council Members: None ABSENT: 0 Council Members: None ,- -� / 7 Robert L. Shand City Clerk