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RESOLUTION NO. 1,1,.
A BESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA,
APPROVING BOND TO GUARANTEE THE COST OF IMPROVEMENTS AND THE TIME FOR
COMPLETION THEREOF IN TRACT NO. 13594.
THE CITY COUNCIL OF THE CITY OF ARCADIA DOES IlESOLVE AS FOLLOWS:
SECTION l~ WHEREAS, final map of proposed Tract No. 13594 has
heretofore been approved by this Council, subject to the approval of
bond to guarantee the cost of improvement to proposed streets and the
installation of water lines in said Tract:
NOW, THEllEFORE, BE IT BESOLVED that Surety Bond
executed by Fidelity and Deposit Company of ~mryland, as Surety, and
Rancho Santa Anita, Inc., as Principal, dated August 8th, 1946, for the
sum of Twenty-seven Thousand ($27,000.00) Dollars guaranteeing the in-
t
sta11ation of curbs, gutters, oil macadam pavement, water mains and
fire hydrants along with connections with existing mains in Tract No.
13594 in the City of Arcadia, as described in said Bond, be and the
same is hereby approved and accepted upon the terms and conditions
stated therein.
BE IT FURTHER RESOLVED that all improvements 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 adoption of this
Resolution.
adjourned I HEREBY CERTIFY that the foregoing Revolution was .
adopted at a~egu1ar meeting of the City Council of the City of Arcadia,
held on the 26th day of August, 1946, by the affirmative votes of at
least three Councilmen, to wit:
AYES:
NOES:
Councilmen Adcock, Ormsby and Russell
None
ABSENT: Councilmen Leeper and Nugent
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City Clerk
SIGNED AND APPROVED this 26th day of August, 1946.
ATTEST:
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City Clerk
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Mayor
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