HomeMy WebLinkAboutResolution No. 6010 RESOLUTION NO. 6010
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
APPROVING A SECOND AMENDED AND RESTATED SUBDIVISION
AGREEMENT WITH THE SUBDIVIDER FOR TRACT MAP NO. 46583 (9001
PARAMOUNT BOULEVARD - KRISTIN DRIVE NORTH OF GALLATIN ROAD),
AND ACCEPTING OF A 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, an amended
and restated Contract between the City of Downey and the Contractor of said Tract
for the construction of certain improvements within said subdivision that have not
been completed.
SECTION 2. The above described Contract is accompanied by a Letter of
Credit as surety for faithful performance of the terms and conditions of said Contract,
and for labor and materials.
SECTION 3. The Downey City Council does hereby order:
a) That the Mayor of the City of Downey is hereby authorized and directed
to execute the proposed Contract between the City and said Contractor, and the same
is hereby approved;
c) That the Letter of Credit as surety 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 4. The City Clerk shall certify to the adoption of this Resolution.
APPROVED AND ADOPTED THIS 14th day of January , , 1997.
•Ij A AAAAti1A
Y L. LAWRENCE
Mayor
ATTEST: r.,
D TH E. MC DONNELL , 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 14th day of
January 1997, by the following vote to wit:
AYES: 5 Council Members: McCaughan, Riley, Brazel ton , McCarthy, Lawrence
NOES: 0 Council Members: None
ABSENT: 0 Council Members: None
0-
1 iITH E. MC DONNELL, City Clerk
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