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HomeMy WebLinkAboutResolution No. 16-7677-Tract Map No. 72992 & Agmt. w- Subdivider91 kyj 101 i ' ! • 0 Z • is An •' WHEREAS, on September 14, 2016, the Planning Commission considered Tract Map No.72992 and adopted a minute action recommending City Council approval of said map. WHEREAS, a proposed required Subdivision 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 (Exhibit "B ") as surety for faithful performance of the terms of the agreement. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Tract Map No. 72992 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. HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council of the City of Downey at a regular meeting held on the 25th day of October, 2016 by the following vote, to wit: