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HomeMy WebLinkAbout1619 RESOLTJTION NO. 1619 A P.ESOLUTION OF "HE 6'ITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, APPROVING BON~ TO GUARANTEE THE COST OF Th~PROVE- l\lENTS AND THE TTh;E OF COllPLETION THEREOF IN TRACT NO. 14428. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS: SECTION 1. WHEREAS final map of proposed Tract No. 14428 has heretofore been approved by this Council subject to the approval of Bond to guarantee the cost of improvements of pro- posed streets and installation of water lines in said tract: NOW, THEREFORE, BE IT RESOLVED that the Surety Bond executed by Rancho Santa Anita, Inc., as Principal, and Fidelity and Deposit Company of Maryland, as Surety, dated March 24th, 1947, for the sum of Fifty-one Thousand Six Hundred Dollars ($51,600.00), guaranteeing the improvements in and adjoining Tract No. 14428, including the installation of 8" and 6" cast iron water wains, together with hydrant connections to existing water mains, the construction of curbs, gutters and pavement, together with the necessary grading, the complete installation~of a sanitary sewer system, together with 6" house connections to curb line in that portion of the tract lying west of a line which is parallel to and distant 320 feet, measured at right angles, from the easterly line of Michillinda Boulevard, as shown on construction plan on file in the office of the City Engineer of the City of Arcadia and as described in said Bond, be, and the same is hereby, approved and accepted upon the terms and conditions therein stated. BE IT FURTHER RESOLVED that all imorovements required to be made in said tract on said streets and installation of water lines shall be completed within one year from the date of said Bond. SECTION 2. The City Clerk shall certify to the adoptioIT \~Q# 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 1st day of April, 1947, by the affirmative votes of at least three Councilmen, to wit: AYES: Councilmen, Adcock, Leeper, Nugent, Ormsby and Russell NOES: None ABSENT: None City e~ of Arcadia SIGNED AIID APPROVED this 1st day of April, 1947. 0?7 ,'<<~oJu Mayor of the City of A~~ia AT'l'eST: . ~c: B? - City Clerk ' -2-