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HomeMy WebLinkAboutResolution No. 5928 RESOLUTION NO. 5 928 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY APPROVING THE FINAL SUBDIVISION MAP OF PARCEL MAP NO. 24289 (13059 CLARK AVENUE), APPROVING AN AGREEMENT WITH THE SUBDIVIDER AND ACCEPTING A IRREVOCABLE STANDBY LETTER OF CREDIT AS SURETY. 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. 24289, 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 Stand- by Letter of Credit as surety 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. 24289 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 as surety presented for faithful 0.--.' 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 13thday of February 1996. GARY P. C CAUGHAN, r ATTEST: dz;tTh - iaeie' ' ' / JUDO. MC DORNELL City 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 Latliday of February 1 1996, by the following vote to wit: AYES: 4 Council Members: Boggs, Lawrence, McCaughan, Riley NOES: 0 Council Members: None ABSENT: 1 Council Members: Brazel ton d / it ,.._,..... City Clerk SSY /Im S: \WPWIN\AGDA0213\REDMAY2A.WPD