HomeMy WebLinkAboutResolution No. 5117 RESOLUTION NO. 5117
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF DOWNEY APPROVING THE FINAL
SUBDIVISION MAP OF TRACT MAP NO. 46583
(9001 PARAMOUNT BOULEVARD AT GALLATIN ROAD).
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
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1 by the owner and subdivider thereof, a final subdivision map of Tract
Map No. 46583 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 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 Tract Map No. 46583 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 Letter of Credit on file in lieu of the surety
bonds presented for 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 14th day of Februar ,
1989.
.
:'•ert . or ck, Mayor
ATTEST:
40 , c ___ 4 0 't p erk
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 14th day of February , 1989, by the following vote,
to wit:
AYES: 4 Council Members: Paul, Barb, Hayden, Cormack
NOES: 0 Council Members: None
ABSENT: 1 Council Members: Boggs
410 Ci ' \ lerk
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