HomeMy WebLinkAboutResolution No. 6272 RESOLUTION NO. 627 2
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
APPROVING THE FINAL SUBDIVISION MAP OF TRACT MAP NO. 52701
(7646 STEWART & GRAY ROAD), APPROVING AN AGREEMENT WITH
THE SUBDIVIDER AND ACCEPTING AN IRREVOCABLE STANDBY
LETTER OF CREDIT NO. 99 -161 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 f Tr •
p o act Map No. 52701, approved by the Planning
Commission and by the City Engineer.
SECTION 2. There is herewith submitted to the City Council a proposed contract
p p
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 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 Tract Map No. 52701 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 agents, and the same, is hereb y approved;
roved;
c) That the Irrevocable Standby Letter of Credit on file 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 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 8th day of June , 1999.
"t1,c
Mayor, GA P. MC CAUG
ATTEST:
/ITH E. MC DONNELL, City Clerk
RESOLUTION NO. 6272 - PAGE 2
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
8th day of June 1999, by the following vote to wit:
AYES: 5 Council Members: Lawrence , McCarthy, Perkins , Winningham , McCaughan
NOES: 0 Council Members: None
ABSENT: 0 Council Members: None ^�
4' / E
JU 1 ITH E. MC DONNELL , City Clerk
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