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CC RESOLUTION 2879127 .4,= i . RESOLUTION NO. 2879 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, APPROVING THE FINAL MAP OF TRACT NO. 32963 LOCATED WITHIN SAID CITY, CONDITIONED THAT A CERTAIN AGREE- MENT 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. 32963, situated 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 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. 32963, presented to this Council at this meeting, is hereby approved, subject to the following conditions: 1. 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. 32963 as shown on the Final Map entitled "TRACT NO. 32963 SUBDIVISION OF A PORTION OF LOT 9 OF BLOCK 11 OF TRACT NO. 1685 PER MAP RECORDED IN BOOK 21, PAGE 98 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER." • 2. That Subdivider shall concurrently with the execu- tion 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 Section 66496 of the Government Code to guaran- tee the payment of the cost of setting monuments; a 2718 b. A bond in the sum of $3,000.00 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 $3,000.00 to secure laborers and materialmen engaged in the one year of maintenance; d. A bond in the sum of $28,000.00 conditioned upon the faithful performance of said Subdivider of all covenants and stipulations of the contract; and e. A bond in the sum of $28,000.00 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 $5,000 to cover the cost to the City for all engineer- ing, 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. Simi- larly 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 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. 32963. SECTION 3. 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 4. That a copy of the said Final Map of Tract No. 32963 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 - 2 - 0 hereof. 12719 SECTION 5. 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 6th day of ATTEST: City Clerk ( SEAL) e.Z R!� Mayor of the City of El Segundo, California - 3 - 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 0 whole number of members of the City Council of the said City is five; that the foregoing Resolution, being Resolution No. 2879 was duly passed and adopted by the said City Council, approved and signed by the Mayor of said City, and attested by the City adjourned Clerk of said City, all at ayregular meeting of the said Council held on the §ti h ay of November 1978 and that the same was so passed and adopted by the following vote: AYES: Councilmen Benson, Bue, Nagel, Van Vranken and Mayor Balmer NOES: Councilmen None ABSENT: Councilmen None WITNESS MY BAND AND THE OFFICIAL SEAL OF SAID CITY 'this 14th day of November 1978 (SEAT..) 0 �0 4 City Clerk of the City of E1 Segundo, California