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CC RESOLUTION 2833. RESOLUTION NO. 2833 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, APPROVING THE FINAL MAP OF TRACT NO. 31569 LOCATED WITHIN SAID CITY, CONDITIONED THAT A CER- TAIN AGREEMENT BE ENTERED INTO AND CERTAIN BONDS AND CASH DEPOSIT BE MADE AND FURNISHED FOR THE CONSTRUCTION OF CERTAIN IMPROVEMENTS WITHIN SAID TRACT. WHEREAS, a certain Final Map of Tract No. 31569, situ- ated within the City of El 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 the City Engineer of said City; and WHEREAS, said Map as: presently presented and so approved, is satisfactory to this Council in all particulars; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO,, CALIFORNIA, DOES HEREBY RESOLVE, DECLARE, DETERMINE AND ORDER AS FOLLOWS: SECTION 1. That the Final Map of Tract No. 31569, presented to this Council at this meeting, is hereby approved, subject to the following conditions: ]L. That the Subdivider shall enter into an Agreement with the City of El Segundo for the construction of certain improvements within and adjacent to Tract No. 31569 as shown on the Final Map entitled "TRACT NO. 31569 SUBDIVISION OF A PORTION OF LOTS 11, 12, 13, 14 and 15 OF BLOCK 12 AND A PORTION OF LOT 5 AND PORTIONS OF LOT 1, 2, 3, and 4 of BLOCK 11 OF TRACT NO. 1685 P133R MAP RECORDED IN BOOK 21, PAGE 98 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER TOGETHER WITH THAT PORTION OF WALNUT AVENUE VACATED BY RESOLUTION NO. 1837 ADOPTED BY THE CITY COUNCIL OF EL SEGUNDO RECORDED IN BOOK #257, Page 356 OF OFFICIAL RECORDS." 2. That Subdivider shall concurrently with the execution of the Agreement furnish bonds with a responsible corporate surety or corporate sureties as follows; a. A bond in the sum of $1,000.00 as required by Sec- tion 66496 of the Government Code to guarantee the payment of the cost of setting monuments; b. A bond in the sum of $27,000.00 to guarantee the maintenance of the work or improvement for a period of one year after completion of the work and acceptance thereof by the City; c. A bond in the sum of $27,000.00 to secure laborers and materialmen engaged in the one year of mainte- nance; d. A bond in the sum of $275,000.00 conditioned upon the faithful performance of said Subdivider of all covenants and stipulations of the contract; and e. A bond in the sum of $275,000.00 to secure laborers and materialmen. Said bonds shall be in the form approved by the City Attorney. Surety on all bonds furnished must be satisfactory to the City. All bonds shall be furnished by the Subdivider at its own cost and expense. 3. That Subdivider shall deposit with the City the amount of $20,000 to cover the cost to the City for all engi- neering, inspection, and other services furnished by the City in connection with the subdivision. Any balance of such deposit remaining after final acceptance of the improvements within the subdivision by the City shall be refunded to Subdivider. Similarly any deficit in such deposit shall be billed to Subdivider and final acceptance shall be withheld until such deficit is paid by Subdivider. SECTION 2. That the City Council of the City of El Segundo, California, does hereby accept on behalf of said City and of the public, subject to improvement, all of the various public streets, avenues, alleys, ways, places, easement, rights - of -way and property shown upon said Final Map of Tract No. 31569, 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 appearing thereon. - 2 - SECTION 3. That upon the filing of the executed Agreement, the cash deposit, and surety bonds hereinabove referred to, the City Clerk is hereby authorized and instructed to execute the Certificate of Acceptance on -the original tracing of the said Final Map of Tract No. 31569. SECTION 4. That the City Council does hereby further approve each and all of the respective plans referred to in the Agreement, which plans are on file in the respective offices of the respective officials of said City. SECTION 5. That a copy of the said Final Map of Tract No. 31569 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 6. The City Clerk shall certify to the passage and adoption of this resolution; shall enter the same in the book of original resolutions of said city; 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 ADOPTED this 21st day of Februarg , 1978. ATTEST: -AL�r City Clerk (SEAL) - 3 - Mayor of t e Ci y of El Segundo, California STATE OF CALIFORNIA } COUNTY OF LOS ANGELES ) SS CITY OF EL SEGUNDO } I� VALERIE A. BURROWES City Clerk of the City of E1 Segundo, California, DO HEREBY CERTIFY that the is whole nunnber of members of the City Council of the said City is five; that the foregoing Resolution, being Resolution No. 2833 was duly passed and adopted by the said City Council, approved and signed by the Mayor of said City, and attested by the City Clerk of said City, all at a regular meeting of the said Council held on the 21st day of February 1978 and that the same was so passed and adopted by the following vote: AYES: Councilmen Bue, Carr, Nagel, Van Vranken and Mayor Balmer NOES: Councilmen None ABSENT: Councilmen None WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY this 28th day of February 197 g (SEAL) 0 T City Clerk of the City of El Segundo, California - •-