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RESOLUTION NO. 1046.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA
APPROVING FINAL MAP OF PROPOSED TRACT NO. 12031 IN SAID CITY;
AUTHORIZING EXECUTION OF SAID lJAP AND THE RECORDING THEREOF, UPON BOND
BEING FILED WITH SAID CITY COVERING THE ESTIMATED COST OF lldPROVEMENT
OF STREETS AND INSTALLATION OF WATER MAINS IN SAID TRACT.
THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS
FOL LOWS:
SECTION !. 'VHEREAS, there has been presented to this Body a
final map of proposed Tract No. 12031 in said City, and
WHEREAS, both tentative and final maps of said tract ha~e
been approved by the City Planning Commission, and
WHEREAS, water mains have not yet been installed and streets
have not yet been paved in said tract, and
WHEREAS, it is estimated that the cost of said improvements
will not exceed tM sum of FOUR THOUSAND ($4,000.00)' DOLLARS,
NOW, THEj~EFORE, BE IT RESOLVED, that the final map of said
tract be accepted lmd approved and the City Clerk be authorized to sign
said map for and on behalf of the City of Arcadia.
BE IT FU~THER RESOLVED, that said map, when signed, be delivered
to the Land Escrow and Safe Deposit Company, Alhambra, California, upon
condition that said map shall not be recorded in the Recorder's Office
of Los Angeles Cowlty, unlews and until such time as said Escrow Company
holds the sum. of FOUR THOUSAND ($4,000.00) DOLLARS in cash for deposit
with the City of Arcadia, guaranteeing the paving of strcots and install-
ation Of water maius in said tract, as provided in Ordinance No. 193 of
said City, as amended.
BE IT FUHTHER RESOLVED, that all of the work required to be
done in the paving of said streets and installation of water mains, be
completed within sixty (60) days from the date of the recordinG of said
map with said County Recorder.
BE IT FURTHER RESOLVED, that the City Clerk be authorized, and
he is hereby instructed to notify said Land Escrow and Safe Deposit
Company that in the event said FOUR THOUSAND ($4,000.00) DOLLARS is not
available within tt.irty (30) days from the date of delivery of said map
to said Escrow Company, said map is to be returned to the City Clerk
unused and unrecord.ed, and that the City of Arcadia is to be without
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expense in connect:ion with the said map being deposited in escrow.
SECTION ~. The City Clerk shall certify to the adoption of
this Resolution.
I heroby certify that the foregoing Resolution was adopted at
a regular meetinG of the City Oouncil of the City of Arcadia, held on
the 2nd day of
July
, 1940, by the affirmative vote of at least
three Councilmen, to-wit:
AYES: Councilmen,
NOES: None
ABSEN~: Councilman Adcock
Signed and approved this
ATT:~~ ~::2
C y Clef'.
Bolz, Leeper, Ormsby and Perkins
j,^~,4C-~
2nd day of July , 1940.
{j~O~
Mayor
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