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HomeMy WebLinkAbout1301 RESOLUTION NO. 1301. RESOLUTION OF THE CITY OF ARCADIA FIXING THE AMOUNT OF BOND TO GUARANTEE THE COST OF n~PROVEMENTS AND THE TIME OF COMPLETION THEREOF IN TRACT NUMBER l2619. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS: SECTION I. ~ffiEREAS, a final map of proposed Tract No. 12619 has heretofore been approved by this Council subject to the amount of bond being fixed to guarantee the cost of improvement of proposed streets and 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 Seven Thousand Five Hundred ($7,500.00) Dollars, to guarantee the cost of the improvement of the proposed streets and the installation of water . . lines in said proposed Tract No. 12619. 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 date hereof. The City Clerk is authorized to execute the final map of said proposed tract at such time as the conditions set forth herein are per- formed. 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 of Arcadia, held on the 6th day of June, 1944, by the affirmative vote of at least three Councilmen, towit: AYES: Councilmen, Adcock, Billig, Leeper, Nugent and.Ormsby NOES: None ABSENT: :None -~~ " < - - Signed and approved this 6th day of June, 1944. ATTEST: Ar:tI-~ City Clerlt'./ " ?J1.~ ~ ' ayo .