HomeMy WebLinkAboutResolution No. 16-7629-Approving Parcel Map No. 73125, Agreement w- Subdivider[*10 10 e
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WHEREAS, on April 6, 2016, the Planning Commission considered Parcel Map
No.73125 and adopted a minute action recommending City Council approval of said map.
WHEREAS, a proposed required Subdivision Improvement Agreement (Exhibit °A ")
between the City and the developer of said property for the construction of certain public
improvements has been submitted to the City for approval and execution.
WHEREAS, said agreement includes a performance bond inform of cash deposit
(Exhibit "B ") as surety for faithful performance of the terms of the agreement.
NOW • DOWNEY DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1; The Parcel Map No. 73125 is hereby approved; and,
SECTION 2. That the Agreement for Construction of Subdivision Improvements
attached herein as Exhibit "A" is hereby approved and that the Mayor is hereby authorized to
execute the proposed Agreement between the City and the developer; and,
SECTION 3. The City Clerk shall certify to the adoption of this Resolution and is further
instructed to forward two (2) certified copies of the adopted Resolution to the Director of Public
Works of the County of Los Angeles.
APPROVED AND ADOPTED this 26th day of April, 2016.
ATTEST:
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ACFIA M. JIMENEZ, MC
City Clerk IM
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I HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council
of the City of Downey at a regular meeting held on the 26th day of April, 2016, by the following
vote, to wit:
AYES:
Council Members::
Ashton, Brossmer, Marquez, Vasquez, Mayor Saab
NOES:
Council Members:
None,
ABSENT:
Council Members:
None.
ABSTAIN`
Council Members.
None «`"
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ACS IA M. JIMENEZ," C
City Clerk
CITY • DOWNEY
AGREEMENT FOR CONSTRUCTION OF SUBDIVISION IMPROVEMENTS
(Guaranteed by a Subdivision Cash Deposit)
4. Should the security not be renewed and the improvements have
not been completed, developer shall be deemed in default in this
agreement®
1
2
12. This Agreement shall run with the land and shall bind and
obligate, and inure to the benefit of, the successors and assigns of
the parties hereto®
By '41 z
avier Ordonez
Owner
(Title)
(TO BE NOTARIZED)
CITY OF DOWNEY
APPROVED AS TO FORM:
By pv�
T
Y ATTORNEY
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