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HomeMy WebLinkAbout2008 RESOLUTION NO. 2008. A RESOLUTION OF THE CITY COUllCIL OF THE CITY OF ARCADIA, CALIFORNIA, APPROVING BOND TO GUARANTEE THE COST OF CERTAIN IMPROVEMENTS AND THE TIME OF COMPLETION THEREOF, IN TRACT NO. 14795 OF SAID CITY. THE CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOVlS: SECTION 1. WHEREAS, final map of proposed tract No. 14795 has heretofore been approved by this Council, subject to the approval of a bond to guarantee the costs of certain improvements therein, to wit: The installation of cast iron water mains, together with hydrants and connections to existing water main, the construction of curbs, gutters and pavement, together with the necessary grading; also the complete installation of a sanitary sewer system, together with 61t house connections to curb line; all work to be done as out- lined on construction plans on file in the office of the City Engineer, and in accordance with the present standard specifications of the Ci ty of Arcadia; NOW, THEREFORE, BE IT RESOLVED, that the surety bond executed by GMS Construction Company, a corporation, ll? princi- pal and Columbia Casualty Company, a corporation, as surety, dated the lOth day of March, 1950, in the amount of nineteen thousand ($19,000.00) dollars, guaranteeing the improvements in said Tract No. 14795, 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 a ccepted upon the terms and conditions in said bond stated. BE IT FURTHER RESOLVED that all such improve- ments required to be made in said Tract No. 14795 shall be completed within one year from the date of said bond, all to the satisfaction of the Street Superintendent of the City of Arcadia, and the City 1. It-tDEXED Council of the City of Arcadia, California, and in accordance 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 City Clerk of the City of cadia. SIGNED AND APPROVED THIS 21st day of March, 1950. (7)~g~j'u/ Mayor of the City of Arcadia. ATTEST: ~;t~ City Clerk.