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HomeMy WebLinkAboutReso 1977-8469Firm No. 342 Rev< 3{74 RESOLUTION N0. 8469 RESOLUTION OF THE CITY COUNCIL OF THE CITY Oir CHULA VISTA, APPROVING AGREEMENT BETWEEN THE CITY OF CHULA VISTA AND M.L.M. DEVELOPMENT, INC. FOR SUBDIVISION IMPROVEMENTS FOR LOT 1 OF TENTATIVE PARCEL MAP 11-75 AND AUTHORIZING THE MAYOR TO EXECUTE SAID Ai~REEMENT The City Counci]_ of the City of Chula Vista does hereby resolve as follows: NOW, THEREFORE, BE IT RESOLVED that that certain agreement between THE CITY OF CHHULA VISTA, a municipal corporation, and M.L,M. DEVELOPMENT, INC., for subdivision improvements for Lot 1 of Tentative Parcel Map 11-75 dated the 7th day of Januar v 1977 a copy of which is attached hereto and incorporated herein, the same as though fully set forth herein be, and the same is hereby approved, BE IT .~~URTHER RESOLVED that the Mayor of the City of Chula Vista be, and he is hereby authorised and directed to execute said agreement for and on behalf of the City of Chula Vista,. Presented by _ L~C/. W. J. Robens, Director of Public Works ADOPTED AND APPROVED by VISTA, CALIFORNIA, this 11th day the following vote, to-wit: Approved as to form by ;;- ~~ -,~ George D. Lindberg, City Attorney the CITY COUNCIL of the CITr OF Cf-lULA of January 1977 by AYES: Councilmen Cox, Scott, Egdahl, Hobel, Hyde NAYES: Councilmen None ABSENT: Cauncilmen None Mayor of the City o Chula V~.sta -~ ~~ , ATTEST City Clerk- ~' STATE OF CALIFORNIA) COUNTY OF SAN DIEGO) ss, CITY OF CEiULA 'JISI'Aj I' City Clerk of the City of Chula Vista, California, DO LiEREBY CERTIFY that the above 1s a rul1, true and correct cozy of Resolut ion No . not been amended or repealed. DATED ~ and that the same has City Clerk SUBDIVISION IMPROVEMENT AGREEMENT FOR APPROVAL OF TENTATIVE PARCEL MAP 11-75 - M.L.M. DEVELOPMENT, INC. THIS AGREEMENT, made and entered into this 7th day of January, 1977, by and between THE CITY OF CHULAfi1ISTA, a municipal corporation, hereinafter referred to as "City" and M.L.PQ. DEVELOP- MENT, INC., 3000 "B" Avenue, National City, California 92050, here- inafter referred to as'bwners"; W I T N E S S E T H WHEREAS, M.L.M. Development, Inc. has heretofore submitted a Tentative Parcel Map 11-75 for the division of certain property located on Otay Lakes Road, more particularly known as County Tax Parcel Nos. 594-130-30 and 31, and WHEREAS, said Tentative Parcel Map meets the requirements of the Chula Vista Municipal Code and may now be certified subject to the fulfillment of certain conditions precedent thereto. NOW, THEREFORE, IT IS MUTUALLY AGREED by and between the parties hereto as follows: 1. Owners agree that prior to the approval and certification of that certain parcel map dividing certain property located on Otay Lakes Road, more particularly known as County Tax Parcel Nos. 594- 130-30 and 31, that they will either cause those improvements as shown on Drawing No. 77-12D through 77-14D on file with the Public Works Department, in the estimated amount of EIGHTY-EIGHT THOUSAND DOLLARS AND NO/CENTS ($88,000.00), to be accomplished or will provide adequate security therefor. 2. Owners have posted a faithful performance bond and a material and labor bond in the amount of $88,000 obtained from Firemen's Fund. 3. Owners agree that said improvements as shown on Drawing No. 77-12D through 77-14D shall be completed within two years from date of Council approval of this Subdivision Improvement Agreement. IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed the day and year first hereinabove set forth. THE CITY OF CHULA VISTA • /1 Mayor of} the City o7f Chou-l~a V/ista ATTEST ; l;~%G7Lu i /~/~ , YGG ( C~.~;' ,' City Clerk Approved as to form by City Attorne (Attach Notary Acknowledgmt)