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APPROVING FINAL MAP AND AUTHORIZING <br />EXECUTION OF SUBDIVISION AGREEMENT, FOR <br />TRACT NO. 2481, VINTAGE HILLS, UNIT NO. <br /> <br /> The City Council does hereby resolve as follows: <br /> <br /> 1. Final Map of Tract No. 2481, Vintage Hills, No. 1, <br />drawn by MacKay & Somps, Civil Engineers, dated November 1963, <br />is hereby approved; and the City officers are authorized to <br />execute the necessary title sheet certificates in behalf of <br />the City. <br /> <br /> 2. The City officers are hereby authorized to execute the <br />subdivision agreement between the City and Land Development & <br />Investment Company dated December 2, 1963. <br /> <br /> 3. The City does hereby consent to the recording of said <br />final map; provided, however, that all documents, certificates <br />and policies required by Ordinance No. 358, as amended, <br />(Subdivision Ordinance) are in possession of the City. <br /> <br /> 4. The City does hereby accept the grant and dedication of <br />all public areas, s~reets, easements and rights of way shown <br />on said map, or lying outside of said tract and evidenced by <br />a separate instrument of conveyance. <br /> <br /> 5. The letter of credit from the San Francisco National <br />Bank dated November 27, 1963, signed by Don C. Silverthorne, <br />President, is hereby accepted as security required by <br />Section 11612 of the Business and Professions Code of the <br />State of California, and by paragraph 7 of the Subdivision <br />Agreement dated December 2, 1963. A copy of said letter is <br />attached hereto and made a part hereof. Since this resolution <br /> <br />-1- <br /> <br /> <br />