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HomeMy WebLinkAbout1419 RESOLUTION NO. 1419. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA FIXING THE AMOUNT OF BOND TO GUARANTEE THE COST OF IMPROVEMENTS AND THE TIME OF COMPLETION IN TRACT NO. 13347. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS. SECTION 1.VnillREAS, a final map of proposed Tract No. 13347 has heretofore been approved by this Council, subject to the amount of bond being fixed to guarantee the cost of installation of water lines in said Tract; NOW, THEREFORE, BE IT RESOLVED, that there shall be deposited with the City of Arcadia a good and sufficient cash bond in the sum of Two Thousand Four Hundred Ninety Three and nO/100 ($2,493.00) Dollars to guarantee the cost of installation of water line within said Tract No. 13347. BE IT FURTHER RESOLVED, that all improvements required to be made in said Tract on said water line shall be completed within one (1) year from the date hereof~ SECTION 2. The City Clerk is hereby authorized to execute the final map of said proposed tract on behalf of the City of ArcadR. SECTION 3. 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 4th day of September, 1945, by the affirmative vote of at least three Councilmen, to wit: AYES: Councilmen, Adcock, Leeper, Nugent, Ormsby and Russell NOES: None /~*~ Signed and approved this 4th day of September, 1945. ABSENT: None mE~~. :) Yo' ~ - City erli'. 02. .JI~ MayoD