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HomeMy WebLinkAbout1342 FESOLJTION NO. 1342. A HESOLUTION OF THE CITY OF AHCADIA FIXING TfiE AEOUNT OF bOlm TO GU....RAI:TEE'l':"E COST OF Ii,IPr,OVEi,:Z:,TS A::D 'l';]}; TIilE 01 COi,iPL:...T:lON 'l'.':EREOF III 'l'RACT NO. 12900. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE j,S FOLLOWS: SECTION 1. Vn~R~AS, the final map of proposed Tract No. 12900 has heretofore been approved by this COQDcil subject to the anount of bond being fixed to ~~arantee the cost of improvements of proposed streets and installation of TIater lines in said Tract; NO\'!, THEREFO:1E, BE IT RESOLVED, that Surety Bond No. 4729869 executed on the 5th 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 Seven Thousand Two Hundred Fifty ($27,250) Dollars, 6uaranteeing the improvement of streets, curbs and gutters, together with the installation of l'later lines in said Tract No. 12900, as described in said Bond, be and the same is hereby approved and accepted upon the terms and conditions stated therein. BE IT FURTh~R RESOLv~D, that all improvements required to be made in said Tract on streets and installation of water lines shall be completed within one (1) year from the date hereof. SECTION 2. The City Clerk is hereby authorized to execute final map of said prOIJOsed tract on behalf of the City of Arcadia. SECTION 3. The City Clerk shall certify to the adoption of this Resolution. I hereby certify that the foregoins Resolution was adopted at a regular meetinb of the City Council of the City of Arcadia, held on the 19th day of December, 1944, by the affinnative vote of at least three COilllcilmen, to-~it: AYES: Councilmen, Adcock, Billig, Leeper, Nugent and Ormsby NOES: None ...':......... ~,~ ./' 'C 1. t~,Tl" e AJSSiIT: None - , . ' -:-..: ')0. ;, ':'"--.~ Sigl'l:ed and' ':'ap)?roved , -'. :::- / t':1is 19th day of December, 1944. " " lJ; . # (f)~ Mayor ATTEST: .. '~ ~- - - ---. .~ City Clerk.