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RESOLUTION NO. 1455.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA
AFPROVING BOND TO GUARAN'rEE THE COST OF IMPROVEMENTS AND THE TIME
OB COMPLETION THEREOF IN TRACT NO. 13540.
THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS
FOLLOWS:
SECTION 1. WHEREAS, final map of proposed Tract No. 13540
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 Bond executed by
General Casualty Company or America, as Surety, and Arcadia Housing
Co., as Principal, dated March 1st, 1946, for the sum of Ten Thousand
($10,000.00) Dollars, guaranteeing the installation of cast iron water
mains; the installation of curbs, gutters, and pavement together w1th
necessary grading, in said Tract No. 13540, as descr1bed in said bond
be and the same 1s 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 b~ comp~eted within one year from the date of said Bond.
SECTION 2. The City Clerk shall certify to the adoption or
this Resolutionj
I hereby certiI7 that the foregoing Resolution was adopted at
a regular meeting of the City Council of the City of Arcadia, held on
the 19th day of March, 1946, by the aII'1rmative vote of at least
three CounCilmen, to ~ t:
AYES: Councilmen, Adcook, Leeper. Nugent,Ormsby and Russell
NOES: None
ABSENT: None
A~ ~"~-uL
C1 ty Cler .
Signed and approved this 19th day of March, 1946.
ATTEST:
~~ (At. ~~'<_~'<'
Ci ty Clerk.
rJJ?'IH~
Mayor
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