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HomeMy WebLinkAbout1413 RESOLUTION NO. 1413. A lillSOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA APPROVING BOND TO GUARANTEE THE COST OF IMPROVEMENTS AND THE TIME OF COMPLETION THEREOF IN TRACT NO. 13414. THE OITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS: SECTION 1. WHEREAS. final map of proposed Tract No. 13414 has heretofore been approved by this Council subject to the approval of bond to guarantee the cost of improvement of proposed streets and installation of water lines in said Tract, NOW, THEREFORE, BE IT RESOLVED, that Surety BolW. executed by General Casualty Company of America, as Surety, and Margaret D.N. Pollock, as Principal, dated August 7, 1945, for the sum of Seven Thousand ($7,000.00) Dollars. guaranteeing the installation of cast iron water main together with hydrant connections, and connection to existing water mains; the installation of curbs, gutters and pave- ment, in said Tract No. 13414, as described in said bond, be and the same is hereby approved and accepted upon the terms and oonditions stated therein. BE IT FURTHER RESOLVED that all improvements required to be made in said Tract on 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 was adopted at a regular meeting of the City Council of the City ot Arcadia, held on the 21st day of August, 1945, by the affirmative vote of at least three Councilmen, to wit: AYES I Councilmen,Adcock, Leeper, Nugent, Ormsby and Russell NOES: None ABSENT: None ~F~J ~ C ~ Cle'r August. 1945. Signed and approved this 21stday of rn .v~l.~t. Al"'S"~ y~ _ayor .. lerk.