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RESOLUTION NO. 1365.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA
APPROVING BONDS TO GUARANTEE THE COST OF IMPROVEMENTS AND THE 'I'HiE
OF COMPlETION THEREOF IN TRACT NO. 13217 OF THE CITY OF ARCADIA.
SECTION 1. WHEREAS, final map of proposed Tract No. 13217
has heretofore been approved by this Council subject to the approval
of bondsto 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 Eleven Thousand ($11,000.00) Dollars to guarantee the cost of
construction of curbs, gutters and pavement in said proposed tract
No. 13217.
BE IT FURTHER RESOLVED, that Surety Bond executed by United
Pacific Insurance Company, as Surety, and Holger A. Valentine and Kella
H. Valentine, as Principals, dated March 5, 1945, for the sum of
Six Thousand ($6,000.00) Dollars, guaranteeing the installation of
water mains in said Tract, together with hydr~t connections, and
connections to existing mains in said Tract No. 13217, as described
in said bond, be and the same is hereby approved and accepted upon
the terms and conditions stated therein.
BE IT FURTHER ~ESOLVED, that all improvements req~ed to be
made in said Tract on installation of water lines and on streets
shall be completed within one~year from date hereof.
SECTION 2.
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The City Clerk is hereby authorized to execute final
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map of said proposed tract on behalf of the Chty of Arcadia.
SECTION 3. 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 Arcadh, held
on the 6th day of March, 1945, by the affirmative vote of at least
ilhree Councilmen, to wit:
AYES:.Councilmen,
NOES:' 'Ni:ms,'
ABSE~T:Councilman
Adcock, Nugent, Ormsby and Russell
Leeper'
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March
, 1945.
Signed and approved this 6th day of
ATTEST: ~
AA.r-:1'-__ . . City Clerk
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