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HomeMy WebLinkAbout1329 RESOLUTION NO. 1329. A RESOLUTION OF THE CITY OF ARCADIA APPROVING BOND TO GUARANTEE THE COST OF DiIPROVE!l'IEN'l'S AND THE TIME OF COMPLETION THEREOF IN 'l'RACT NO. 12901. THE CITY COm~CIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLO';:S: SECTION 1. WHEREAS, final map of proposed Tract No. 12901 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 Fidelity and Deposit Company of Maryland, as Surety, and Rancho Santa Anita, Inc., as Principal, dated November 2, 1944, for the sum of Thirteen Thousand ($13,000.OC) Dollars, guaranteeing the installation of water lines, curbs, gutters and pavement in said Tract No. 12901 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 com- pleted wj. thin one year from the date hereof. SECTION 2. The City C'lerk shall certify to the adoption of this Reso lution. 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 8th day of November, 1944, by the affirmative vote of at least three Councilmen, to-wit: AYES: Councilmen, Edcock, Billig, Leeper, Nugent and Ormsby NOES: None ABSENT:None J~~JdK ~ .-.,- ,,; r _ .--=.-_..:'.";" Signed and apppoVea thi~~ 8th day of November , 1944. ~ -'f "->:;: -<.~- c , ~, ..-- ATTEST: ~. ;:..~.. /' .--.Ci - . -~-:; . , - - - .-.... .... --. _ -~r \? -=---~ '?Jt. N~ May r ,/' .....