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HomeMy WebLinkAbout1662 r/ / RESOLTnION NO. 1662 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, APPROVING BOND TO GUARANTEE THE COST OF IMPROVE- MENTS AND THE TIME OF COMPLETION THEREOF IN TRACT NO. 14744. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS: SECTION 1. VfiffiREAS final map of proposed Tract No. 14744 has heretofore been approved by this Council subject to the approval of Bond to guarantee the cost of improvements as follows: the installation of six-inch (6") cast iron water mains in said Tract No.' 14744; and the installation of curbs, gutters and pavement, together with the necessary grading, and the construction of a complete sanitarYfsewer system, all as outlined on construction plan on file in the office of the City Engineer: 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 May 16, 1947, for the sum of Six Thousand Three Hundred Dollars ($6,300.00) and no/100, guaranteeing the improvements in and adjoining Tract No. 14744, including the installation of six- inch (6) cast iron water mains in said Tract No. 14744; and the installation of curbs, gutters and pavement, together with the necessary grading, and the construction of a complete sanitary sewer system, all as outlined on construction plan on file in the office of t he 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 improvements required to be made in said tract on said streets and installation of water mains shall be completed within one year from the date of said \~~ Bond; SECTION 2. 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 17th day of June, 1947, by the affirmative votes of at least three Councilmen, to wit: AYES:' Councilmen, Adcock, Ormsby and Russell NOES: None ABSENT: Councilmen Leeper and Nugent City C SIGNED AND APPROVED this 17th day of June, 1947. 7?1'#,~, Mayor of t he City of cadia ATTEST: , ~Z~~~' City Clerk ~ -2- r;j-<'~ w-<S