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HomeMy WebLinkAbout1529 RESOLUTION NO. 15'29. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, APPROVING BOND TO GUARANTEE THE COST OF IMPROVEMENTS AND THE TIME OF COMPLETION THEREOF IN TRACT NO. 14390. I THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS: SECTION 1. WHEREAS, final map of proposed Tract No. l4390 has heretofore been approved by this Council subject to the approval of Bond to guarantee the cost of improvement of proposed streets and in- stallation of water lines in said tract: NOW, THEREFORE, BE IT RESOLVED that Surety Bond executed by Charles M. Pierson and W. R. Buster, as Principals, and Saint Paul- Mercury Indemnity Company, as Surety, da~ed October 25', 1946, for the sum of Twelve Thousand Five Hundred Dollars ($12,5'00.00), guaranteeing the installation of six-inch (6") water lines, concrete curbs, concrete gutters and paving, on Fourth Avenue and Rodell, Tract No. 14390, as outlined on construction plan on file mn the office of the City En- gineer 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 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. I HEREBY CERTIFY that the foregoing Resolution wasxadopted at a regular meeting of the City Council of the City of Arcadia, held on the 6th day of November, 1946, by the affirmative votes of at least three Councilmen, to wit: AYES: Councilmen NOES: None ABSENT: None Adcock, Leeper, Nugent, Ormsby and Russell SIGNED AND APPROVED this 6th day of ~' ~ r:.~ City Clerk November, 1946. ATTEST: ~~ City Clerk 011 - N e:::~. MAYOR ,...o,;l.~O