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RESOLUTION NO. 4198
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ARCADIA AUTHORIZING AN AMENDMENT
TO THE "TOWNE CENTRE CONTRACT" AUTHORIZED
BY RESOLUTION NO. 4193.
WHEREAS, an Option Agreement to Union Realc~ authorized
by Resolution No. 4193, provides in Paragraph 7 of the "Purchase
Agreement" portion thereof for completion of the eight-story
office building within one year from May 1, 1971; and
WHEREAS, it appears that the construction of said building
may require a somewhat longer time for completion.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF ARCADIA that the Mayor and the City Clerk are authorized
to execute an amendment to paragraph 7 of "Purchase Agreement", set
forth in said Option Agreement to provide for completion of the
building within 18 months.
The City Clerk shall certify to the adoption of this
resolution.
I HEREBY CERTIFY that the foregoing resolution was adopted
at a regular meeting of the City Council of the City of Arcadia
held on the 20th
day of April
, 1971, by the affirmative
vote of at least three Councilmen, to wit:
AYES:
Councilmen Arth, Butterworth, Considine, Hage and
Helms
,NOES:
None
ABSENT:
None
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(SEAL)
4198