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RESOLUTION NO. 2007.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ARCADIA, CALIFORNIA, APPROVING BOND TO
GUARANTEE THE COST OF CERTAIN IMPROVEMENTS
AND THE TIME OF COMPLETION THEREOF, IN TRACT
NO., 14552, IN SAID CITY.
THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE
AS FOLLOWS:
SECTION 1. WHEREAS, final map of proposed tract No. 14552
has heretofore been approved by this Council, subject to
of a bond to guarantee the costs of certain improvements
the approval
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therein, to
wit: The installation of cast iron water mains, together with hydrants
and connections to existing water mains, the construction of curbs,
gutters and pavement, together with the necessary grading; also the
complete installation of a sanitary sewer system, together with 611
house connections to curb line; all work to be done as outlined on
cOnstruction plans on file in the office of the City Engineer, and
in accordance with the present standard specifications of the City of
Arcadia; as well as removal of wall now on Tract No. 14552;
NOW, THEREFORE, be it resolved, that the surety
bond executed by Wilco Homes, Inc., as prinCipal, and Glens Falls
Indemnity Company, as surety, dated the 5th day of March, 1950, in
the amount of twenty-two thousand ($22,000.00) dollars, guaranteeing
the improvements in said Tract No. 14552, as outlined in construction
plan on file in the office of the City Engineer, and in accordance
with the present standard specifications of the City of Arcadia, be
and the same is hereby approved and accepted upon the terms and con-
ditions in said bond stated.
BE IT FURTHER RESOLVED that all such improve-
ments required to be made in said Tract No. 14552 shall be completed
within one year from the d ate of said bond, all to the satisfaction
of the Street Superintendent of the City of Arcadia, and the City
1.
\~o.'!C"O
Council of the City of Arcadia, California, and in a ccordance with
the present standard specifications of the City of Arcadia therefor.
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 21st of March, 1950, by the affirmative vote of at least three
Councilmen, to wit:
AYES: Councilmen Boucher, Klomp, Nugent, Russell and Sullivan
NOES: None
ABSENT: None
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City Clerk of the City of A adia.
SIGNED AND APPROVED THIS 21st day of March, 1950.
?B~
Mayor of the ,City of Arcadia.
ATTEST:
.K~,
City Clerk.