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P~SOLUTION NO. 1399.
A ~SOLUTION JF THE CITY COUNCIL OF THE eIn
A2PROVING BOND TO GUARANTEE THE, COST OF IMPROVEHENTS
OF COI,IPLL:TION TERSO? IH T:1J..cT FO. 13413.
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OF A::tCADIA
AND THE TIME
THE CITY COUNCIL \,? THE CITY OF A..I\ChDIA DOES $SJLVE AS
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SECTION 1. WHEREAS, final map of proposed Tract No. 13413
bas heretofore been approved by this Council subject to the ap,roval
of bond to Guarantee the cost of improvement of proposed streets and
installation of water lines in said Tract,
HOW, T;~REFORE, 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 8-10487, as
Principal, dated July 10, 1945, for the sum of Eieht Thousand ($8,000.00)
Dollars, guaranteeing the installation of \7ater main, tOGether with
hydrant connections, and connection to existing water mains; the install-
ation of curbs, gutters and pavement, together \dth necessary grading,
in said Tract No. .13413, as described in said bond be and the same is
hereby approved and accepted upon the terms and conditions stated
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therein,
BE IT FURTHER RESOLVED t.hat all improvements required to be,:.
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made in said Tract on streets and installation of water lines Shall
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be completed within one year from the date of said Bond.
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SECTION 2. The C~ty Clerk shall certify to the adoptiofr of
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this Resolution.
I hereby certify that th~ fpregoingoResolution was adopted
at a regular meeting of the City Council of the City of Arcadia, held
on the 17th day of July, 1945, by the affirmative vote of at least
three Councilmen, to VQt:
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AYES: Councilmen
IH!lES: .None
AB~ENT: 1~6ne
Adcock, Leeper, Nugent, Ormsby and Russell
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~.'}'. . . Si "'ned
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and appl'.oved this. 17th day of July, 1945.
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. jo,Iayor V
ATTEST:
~>~"ty
Clerk.
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