HomeMy WebLinkAboutResolution No. 4980 RESOLUTION NO. 4980
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF DOWNEY APPROVING THE FINAL
SUBDIVISION MAP OF PARCEL MAP NO. 183+5
(11850 PARAMOUNT BOULEVARD AND 8019 STEWART
& GRAY ROAD). APPROVING AN AGREEMENT WITH
THE SUBDIVIDER AND ACCEPTANCE OF A TIME
CERTIFICATE OF DEPOSIT IN LIEU OF SURETY
BONDS
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. 183+5 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
Parcel for the construction of certain improvements within said
subdivision.
SECTION 3. The above described contract is accompanied by a
Time Certificate of Deposit in lieu of surety bonds for 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. 183+5 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 owners, and the same is hereby approved;
c) That the Time 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 two (2) certified copies of this Resolution
to Mr. T.A. Tidemanson, Director of Public Works, for the County of
Los Angeles.
APPROVED AND ADOPTED THIS 6th day of March ,
1988.
tf / 01/
Mayor , Diane P. ••s'es
ATTEST:
4 0e4 4010 • , . -
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 8th day of March , 1988, by the following
vote, to wit:
AYES: 5 Council Members: Barb, Cormack, Santangelo, Paul, Boggs
NOES: 0 Council Members: None
ABSENT: 0 Council Members: None
Ci
#16/003