Loading...
HomeMy WebLinkAboutResolution No. 5033 RESOLUTION NO. 5033 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY APPROVING THE FINAL SUBDIVISION MAP OF PARCEL MAP NO. 19313 (81+1 ALAMEDA STREET) . APPROVING AN AGREEMENT WITH THE SUBDIVIDER AND ACCEPTANCE OF A LETTER OF CREDIT 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. 19313 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 Letter of Credit 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. 19313 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 28th day of June 1988. z • /9,Ad Mayor Diane P. Bog ATTEST: C � - 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 28th day of June , 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 Clerk dill #6/003 1