HomeMy WebLinkAboutResolution No. 5846 RESOLUTION NO. 5846
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF DOWNEY APPROVING THE FINAL SUBDIVISION
MAP OF TRACT MAP NO. 51856 (7339 -45
FLORENCE AVENUE W/O TECUM ROAD),
APPROVING AN AGREEMENT WITH THE SUBDIVIDER
AND ACCEPTING AN IRREVOCABLE STANDBY
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 Tract Map No. 51856, 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 property for the
construction of certain improvements within said subdivision.
SECTION 3. The above described contract is accompanied by an Irrevocable
Standby 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. 51856 submitted to this
meeting, be and the 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 Irrevocable Standby 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 the Director of Public Works of
the County of Los Angeles.
APPROVED AND ADOPTED THIS 22nd day of November , 1994.
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Barbara J. Rill , Mayor
ATTEST:
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City Clerk
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RESOLUTION NO. 5846 - Page 2
TRACT MAP. NO. 51856
7339 -45 FLORENCE AVENUE
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 22nd day of November , 1994, by
the following vote to wit:
AYES: 5 Council Members: Lawrence, McCaughan, Brazel ton, Boggs , Ri ley
NOES: 0 Council Members: None
ABSENT: 0 Council Members: None
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City Clerk
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OFFICE/AOENDAS/TM51856 . RES