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HomeMy WebLinkAboutResolution No. 6664 RESOLUTION NO. 6664 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY APPROVING THE FINAL SUBDIVISION MAP OF TRACT MAP NO. 53824 (9700 -9710 FLORENCE AVENUE), APPROVING AN AGREEMENT WITH THE SUBDIVIDER AND ACCEPTING AN 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 Tract Map No. 53824, 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 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 City Council of the city of Downey does hereby order: a) That the subdivision map of Tract Map No. 53824 submitted to this meeting, be and the same, is hereby approved; b) That the Mayor of the City of Downey is hereby authorized to execute the proposed contract between the City and said agents, and the same, is hereby approved; 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. RESOLUTION NO. 6664 PAGE 2 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 13th day of May, 2003. ,61/?</: r";7'(c'' RICK TREJO, Mayor ATTEST: - 14% / 1‘t)ei KATHLEEN L. MIDSTOKKE, City Clerk I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City p y y Council of the City of Downey at a regular meeting thereof held on the 13th day of May, ay, 2003, by the following vote to wit: AYES: 5 Council Members: Bayer, Cartozian, McCarthy, Perkins, Mayor Trejo o y � NOES: 0 Council Members: None ABSENT: 0 Council Members: None ABSTAIN: 0 Council Members: None / .0/7/eMdde. 1 02(."-t4r . KATHLEEN L. MIDSTOKKE, City Clerk