HomeMy WebLinkAboutResolution No. 3946 RESOLUTION NO. 3946
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
APPROVING THE FINAL SUBDIVISION MAP OF TRACT NUMBER
40810 APPROVING AN AGREEMENT WITH THE SUBDIVIDERS, AND
ACCEPTANCE OF AN ASSIGNMENT OF A MONEY MARKET CERTIFICATE
IN LIEU OF SURETY BONDS (7429 FIRESTONE PLACE)
THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS:
SECTION 1. There is herewith submitted to the City Council by the owners
and subdividers thereof, a final subdivision map of Tract Number 40810
approved by the Planning Commission and by the City Engineer.
SECTION 2. There is herewith submitted to the 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 Money Market
Certificate in lieu of surety bonds for the faithful performance of the terms
and conditions of said contract and for labor and materals.
SECTION 4. The Downey City Council does herrby order:
(a) That the subdivision map of Tract Number 40810 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 Money Market Certificate 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. T.A. Tidemanson, Road Commissioner, for the
County of Los Angeles.
APPROVED AND ADOPTED this 14th day of April , 1981.
.,.y (6611 /�. /
L Ted lI. Jackman, Mayor
ATTEST:
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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 the 14th
day of April , 1981, 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
‘.
City Clerk