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CC RESOLUTION 1505i, J 16 RESOLUTION NO. 1505 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, APPROVING THE FINAL MAP OF TRACT NO. 21603 LOCATED WITHIN SAID CITY, CONDITIONED THAT A CER- TAIN BOND OR CASH DEPOSIT IN THE PRINCIPAL SUM OF $18,000.00 BE MADE AND FURNISHED FOR THE CONSTRUCTION OF CERTAIN IMPROVEMENTS WITHIN SAID TRACT. WHEREAS, a certain final map of Tract No. 21603, situ- ated within the City of E1 Segundo, County of Los Angeles, State of California, is now presented to the City Council of said City for its approval; and WHEREAS, it appears that said final map of said tract was heretofore referred to and approved by both the City Engineer and by the Planning Commission of said City; and WHEREAS, said final map, as presently presented and as so approved, is satisfactory to this Council in all particulars; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SE- GUNDO, CALIFORNIA, DOES HEREBY RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOWS: SECTION 1. That subject to the making, furnishing and filing of the cash deposit or the surety bond, hereinafter referred to, approved as to form by the City Attorney and by the Mayor as to Surety, the said map of said Tract No. 21603 is hereby approved by this Council; and the City Clerk, upon receipt of such bond or cash deposit so approved, is hereby authorized and directed to endorse a memorandum of such approval of this City Council upon said map. SECTION 2. That before the approval hereinabove granted becomes effective, and before the City Clerk endorses such memo- random of approval upon said map, the present owners of the real - 1 - r4 �o" +.sir property comprised within the boundaries of said tract shall, as principals, make, execute, and file with the City Clerk either a cash deposit or a good and sufficient surety bond in form ap- proved by the City Attorney, and approved by the mayor as to surety, which said cash deposit or bond shall be in the full prin- cipal sum of Eighteen Thousand Dollars ($1$,000.00), and shall be substantially conditioned that if the said principals shall, at their own cost and expense, and within the period of one year im- mediately following the date of said bond or cash deposit, have well and truly constructed, completed, and fully paid for each and all of the following improvements within said tract to the full satisfaction and approval of the City Engineer and Street Superintendent of said City, to wit: 1. That the subdivider be required to construct streets, curbs and sidewalks; 2. That the subdivider install cast iron water lines and fire hydrants; 3. That the subdivider install a sewer system to serve those properties involved; w. That the subdivider install a steel pole street lighting system, as recommended by the Southern Cali- fornia Edison Company; 5. That the subdivider agree to furnish to the City of E1 Segundo any necessary easements for the proper lo- cation of the above mentioned facilities; 6. That the grading and construction of the entire tract be approved by the City Engineer in order that adequate drainage of this area might be obtained; 7. That all horizontal and vertical survey control conform to the requirements of the City Engineer's office; - 2 - 8. That all of the above recommendations be done in accordance with currently approved City standards, and to the satisfaction of the City Engineer and Fire Chief; and 9. That the subdivider plant trees in the parkway at the locations and of a type as recommended by the Park Su- perintendent, then said obligation shall be void, otherwise to remain in full force, virtue and effect. Said bond by its terms shall be made to inure to the benefit of the said City of E1 Segundo and to the benefit of any and all persons, firms, associations and corporations (other than said principals) who may at any time within the period of two years from the date of said bond be or become the owner or owners of, or substantially interested in, any parcel or parcels of real property located within said tract, and with right by or on behalf of each or any of said beneficiaries to bring independent action on, or to recover under, said bond, not exceeding in the aggregate, however, the said principal sum of $18,000.00. SECTION 3. That the City Council of the City of E1 Se- gundo, California, does hereby accept on behalf of said City and of the public, all of the various public streets, avenues, alleys, ways, places, easements, rights of way and property shown upon said final map of said 'Tract No. 21603, and which are dedicated to, or offered for dedication to, public use or ownership in and upon said map and in the endorsements showing such dedication or offer of dedication or offer of dedication appearing thereon. SECTION 4. That a copy of the said final map of said Tract No. 21603 be placed on file in the office of the City Clerk of said City and as so on file, be referred to and made a part hereof. SECTION 5. That the City Clerk shall certify to the passage and adoption of this resolution; shall cause the original - 3 - of the same to be entered in the book of resolutions of the said City of E1 Segundo; and shall make a minute of the passage and adoption thereof in the records of the proceedings of the City Council of said City in the minutes of the meeting at which the same is passed and adopted. Passed, approved and a ATTEST: E1 City Clerk (SEAL) STATE OF CALIFORNIA, ) COUNTY OF LOS ANGELES, ) SS. CITY OF EL SEGUNDO. ) d this 11,kh d4y of May, 1955. , C-1ifornia. I. Neva M. Elsey, City Clerk of the City of E1 Segundo, California, do hereby certify that the whole number of members of the City Council of the said City is five; that the foregoing re- solution, being Resolution No. 1505 , was passed and adopted by the said City Council, approved and signed by the Mayor pro tem of said City, and attested by the City Clerk of said City, all at a regular meeting of the said Council held on the 11th day of May, 1955, and that the same was so passed and adopted by the follow- ing vote: AYES: Councilmen Baker, Frederick, Swanson and Mayor pro tem Gordon; NOES: Councilmen None; ABSENT: Mayor Selby. Witness my hand and the official seal of said City this 12th day of May, 1955. (SEAL) - 4 - City Clerk of the City Pf. E1 Segundo, California