HomeMy WebLinkAboutResolution No. 4846 RESOLUTION NO. 4846
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
DOWNEY APPROVING THE FINAL SUBDIVISION MAP OF
PARCEL MAP NO. 17457 APPROVING AN AGREEMENT WITH
THE SUBDIVIDER AND ACCEPTANCE OF AN ASSIGNMENT
OF A SAVINGS ACCOUNT PASSBOOK IN LIEU OF SURETY
BONDS (8457 ORANGE STREET)
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 Parcel Map
No. 17457 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 Developer of said Parcel Map
for the construction of certain improvements within said subdivision.
SECTION 3. The above described contract is accompanied by an
assignment of a passbook savings account 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. 17457 submitted
to this meeting, be and 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 Developers, and the same is hereby approved;
(c) That the assignment of a passbook savings account 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 two (2) certified copies of this resolution to
Mr. T.A. Tidemanson, Director of Public Works, for the County of Angeles.
APPROVED AND ADOPTED THIS 10th day of March , 1987.
7
Jame S. Santange.. , . yor
ATTEST:
l` C't 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 loth day of March , 1987, by the following vote, to wit:
AYES: 5 Council Members: Boggs, Cormack, Barb, Paul, Santangelo
NOES: 0 Council Members: None
ABSENT: 0 Council Members: None
ty Clerk
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