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RESOLUTION NO. 1341.
A RSEOLU2.'ION OF THE CITY OF ARCjJ)g FIXEG '1':;1; A:,:Ow~T ,or 3JED
TO GUARANTEE T,HE COST OF Ii,IPROVEiJJ..:Wl'S N;D ':rH~ 11,,;]:\ OF CO;,;PLF.'1'ION
Tli:;;;\EOF IN TRACT NO. 12786.
THE CITY COUNCIL OF '1'HE CITY OF ARCJ1DIA DOES RESOLVE AS FOLLO',/S:
SECTION l. VnillR~nS, the final map of proposed Tract No. 12786 has
heretofore been approved by this Council subJect to the a..'1lount of bond
bein2; fixed to suarantee the cost of improvements of proposed streets
and installation of '!To. ter lines in said Tr'act;
lion, THEREFORE, BE IT RESOLVED, that Surety Bond No. 4729901
executed on the 7th day of December, 1944, by Rancho Santa Anita, Inc.,
a corporation, as principal, and Fidelity and Deposit Company of Maryland,
a corporation, as surety, for the sum of Twenty Thousand Two Hundred
(~20,200) Dollars, guaranteeing the improvement of streets, ClTbs and
..
gutters, together with the installation of vlater lines in said Tract No.
12786, as described in said Bond, be and _the same is hereby approved and
accepted upon the terms and conditions stated therein.
BE IT FUR'l'HER nESOLVED, that all improvements required to be ~.ade
in said Tract on streets a'ld installatioI'. of \"later lines shall be
completed \"Ii thin one (1) year from the date hereof.
SECTIOlf 2. T,.e City Clerk is hereby authorized to execute final
map of said proposed tract on behalf of the City of Arcadia.
SECT:"011 3. 'l'he City Clerk shall certify to the adoption :If this
Resolution.
I hereby certify that the foregoing Resolution was adopted at
a re~ular meeting of the City Council of the City of Arcadia, held on
the 19th day of December, 1944, by the affirmative vote of at least
three Counci lmen, to -"lit:
AYES: COtu1ci~en, Adcock, Billig, Leeper, Nugent and Ormsby
iWES:
None
ABSEi{'T:. None
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, Sig~e~ ,and apprc:..ved this 19t.h day of
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Decelnber, 19<;4.
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