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RESOLUTION NO. 1354.
RESOLUTION OF THE CITY OF ARCADIA APPROVING BOND TO
GUARANTEE T}ill COST OF IMPROV~~ENTS AND THE TIME OF COMPLETION
THEREOF IN TRACT NO. l3113.
THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE
AS FOLLOWS:
SECTION 1. WHEREAS, final map of proposed Tract No.
13113 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 of America, as Surety, and Title
Insurance & Trust Company as Trustee under its Trust S-10487,
as Principal, dated February 2, 1945, for the sum of Eight
Thousand ($8,000.00) Dollars, guaranteeing the installation of
water lines, curbs, gutters and pavement in said Tract No. 13113
as described in said bond be and the same is hereby approved and
accepted upon the terms and conditions stated therein,
BE IT FURTHER RESOL\~D that all improvements required
to be made in said Tract on streets and installation of water lines
shall be completed within one year from the date of said Bond.
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 February, 1945, by the affirmative vote of at least
three Councilmen, to-wit:
AYES: Councilmen, Adcock, Billig, Leeper, Nugent and Ormsby
NOES: None,
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Signed
and approv'~d thi s 6tL day of
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F'Ab'Y'll~'Y'Y
, 1945.
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~CitY C:Brk. lllayor