HomeMy WebLinkAboutResolution No. 4397 RESOLUTION NO. 4397
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
DOWNEY APPROVING THE FINAL SUBDIVISION MAP OF
TRACT MAP NO. 43075 APPROVING AN AGREEMENT WITH
THE SUBDIVIDER AND ACCEPTANCE OF A LETTER OF CREDIT
IN LIEU OF SURETY BONDS (11624 -42 LAKEWOOD BOULEVARD)
THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS:
SECTION 1. There is herewith submitted to the City Council by the
owner and subdivider thereof, a final subdivision map of Tract Map No. 43075
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 Map 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 Map No. 43075 submitted to this
meeting, be and the same is hereby approved;
Mayor o
Downey is hereby authorized and
of City of Do e
(b) That the Ma the C ty y y
Y
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
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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 22nd day of Ma 984•
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Ir"I Rob-' Corm. c Mayor
ATTEST:
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City Clerk
1 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 22nd
day of May , 1984, by the following vote, to wit:
.•r•� AYES: 5 Council Members: Jackman, Barb, Davila, Quinn, Cormack
NOES: 0 Council Members None
ABSENT: 0 Council Members: None
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City Clerk
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