HomeMy WebLinkAbout1425
RESOLUTION NO. 1425.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA
AfPROVING BOND TO GUARANTE"E THE COST OF II,IPROVEMENTS AND THE TI;,iE
OF COi,;PLETION THEREOF IN TRACT NO. 13448.
THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLQ;lS:
SECTION 1. I'/HEREAS, final map of proposed Tract No. 13448
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 R5S0LVED, that Surety Bond executed by
General. Casualty Company of America, as Surety, and Emmitt Berry,
as Principal, dated August 27, 1945, for the sum of Seventy Five
Hundred ($7,500.00) Dollars, guaranteeing the installation of cast
iron water mains; the installation of curbs, gutters and pavement,
tOGether with necessary grading, in said Tract No. 13448, 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 streets and installation of water lines shall
be completed within one year from the date of said Bond.
SECTION 2. The City Council 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 2nd day of October, '1945, by the affirmative vote of at least
three Councilmen, to wit:
AYES: Councilmen,Adcook, Leeper, Nugent, O~msby and Russell
NOES: None
ABSEllT: None
Signed and aproved this 2nd day of October, 1945.
ATTEST:
;7;. //~
Mayor