HomeMy WebLinkAboutResolution No. 16-7679-Tract Map No. 74082• • • • •, • r• '•
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WHEREAS, on October 19, 2016, the Planning Commission considered Tract Map No.
74082 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 required 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. 74082 is hereby approved and;
SECTION 2. That the agreement for Construction of Subdivision Public Improvements
is hereby approved and that the Mayor is hereby authorized to execute the proposed agreement
between the City and the developer and;
SECTION 4. The City Clerk shall certify to the adoption of this Resolution and further
instructed to forward two (2) certified copies of this Resolution to the Director of Public Works of
the County of Los Angeles.
APPROVED AND ADOPTED this 7th day of November, 2016.
ALEX SAAB, Mayor
HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council of
the City of Downey at a regular meeting held on the 7th day of November, 2016 by the following
vote, to wit:
AYES:
Council Members: Ashton, Brossmer, Vasquez, Mayor Saab
NOES:
Council Member: None.
ABSENT:
Council Member: Marquez
ABSTAIN:
Council Member: None.
A3 A M. JIMENEZ, MC
City Clerk
IN CONSIDERATION of City's approval of the final subdivision map
Tract_ Map") prior to the completion and acceptance of certain
improvements required by conditions of approval of the tentative
subdivision map ("Tentative Map") for Tract Map No. 74082, ("Subject
Tract Map"), the parties hereto agree as follows®
1. Developer warrants that it has an interest in the real
property that comprises the Subject Tract Map.
4. Should the security not be renewed and the improvements have
not been completed, developer shall be deemed in default in this
agreement.
1
9® This Agreement constitutes the entire agreement of the
parties concerning the subject matter hereof and all prior agreements
-- 'i_unde °t I°di gs�" aral; o 'wr?t`ten, 'ar-e `hera'by merged herein. TiiLS
Agreement shall not be amended in any way except by a writing expressly
purporting to be such an amendment, signed and acknowledged by both of
the parties hereto®
10. No waiver of any provision of this Agreement shall be
deemed, or shall constitute, a waiver of any other provision, whether
or not similar, nor shall any such waiver constitute 'a continuing or
subsequent waiver of the same provision. No waiver shall be binding,
unless executed in writing by the party making the waiver.
M
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
State of California
County of
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Here Insert Name and Title of the Officer
A/ ®'
Name(s) of Signer(s)
02014 National Notary Association • www.NationalNotary.org • 1-800-US NOTARY (1-800-876-6827) item #5907
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 •
Rau
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Owner
(Title)
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By
MAYOR, Alex Saab
Bond No(s). MO-M6
FAITHFUL PERFORMANCE BOND
(Multiple Surety Form)
4VA4nLflgMd. incorporated harein � by reference and referred 10 as the
"Contract"which requires Principal to install and complete certain designated public
improvements; and,
WHEREAS, under the terms of the Contract and prior to commencing
any work under the Contract, Principal is required to furnish a bond to City
for faithful performance of the Contract.
Downey Pw%nnence Bond
IN WITNESS WHEREOF, - een duly executed •
authorized representatives of the Principal • Sureties. SIGNED AND
SEALED on • r
2016.
2
Downey Performance Bond
MIN
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BE=
(Print name and Title)
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Affix Corporate
Attach Notary Signatures
Attach Power-of-Aftorney if executed by Attorneyl
Downey Performance Bond
Subscribed and sworn to (or affirmed) before me • this 7th day of •M-1
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20 16 , by Steven A. SArartz and
N-anic of Signer s1)
proved tome on the basis of
Name of Signer (2)
101
Description of Attached Document
The certificate is attached to a document titled/for the purpose of
containing 5 pages, and dated 10-7-16
Method of Afflant Identification
Proved to me on the basis of satisfactory evidence:
0 form(s) of identification 0 credible witness(es)
Notarial event is detailed in notary journal on:
Page # _ Entry #
Notary contact:
Other
C] Affiant(s) Thumbprint(s) Describe:
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0 2009-20,15 Notary Lparning Center - All Rights Reserved yoti c
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SureTec Insurance Company
LLMTED POWER OF ATTORNEY
Kftov All Men by These Presents, That SURETEC INSURANCE CONTANY (tle "Company"), a corporation duly organized
existing under the laws of the State of Texas, and having its principal office in Houston, Harris County, Texas, does by these prosel
make, constitute and appoint
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and deliver any and all bonds, recognizances, U�ngs or other instruments or contracts of suretyship to include waivers to
conditions of contracts and consents of surety for: I
Five Million and 001100 Dollars ($5,000,000.00)
JACQUELYN MALDONADO
Notary Public
State of Texas ----
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My Comm. Exp. 5/16/2017 Jao4%elya Maldonado, Notary Public
0 My commission expires May 18, 2017
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