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HomeMy WebLinkAboutResolution No. 4309 RESOLUTION NO. 4309 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY APPROVING FINAL PARCEL MAP NO. 14718, APPROVING AN AGREEMENT WITH THE SUBDIVIDERS AND ACCEPTANCE OF A CERTIFICATE OF DEPOSIT IN LIEU OF SURETY BONDS (8534 TENTH 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, final Parcel Map No. 14718, 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 owners of said Parcel Map for the construction of certain improvements within said subdivision. SECTION 3. The above described contract is accompanied by a Certificate of Deposit 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 No. 14718 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 Certificate of Deposit 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 said Resolution to Mr. Stephen J. Koonce, County Engineer, and to Mr. T.A. Tiedemanson, Road Commissioner for the County of Los Angeles. / APPROVED AND ADOPTED THIS llth day of October , 1983 / / 4/ A -/,- . ` _ Mayor ATTEST: ___ _ (---/r7 / t s / ( '; 1 ' t 6 - ---- i ` ctyc lerk I HEREBY CERTIFY that the foregoing Resolution No. 4309 was duly adopted by the City Council of the City of Downey at a regular meeting thereof held on the llth day of October , 1983, by the following vote, to wit: i AYES: 3 Council Members: Barb, Davila, Cormack NOES: 0 Council Members: ABSENT: 2 Council Members: Jackman, Quinn , 1 6 - ir - rt i / 1 i ,_// / i ty Clerk