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R~SOLUTION NO. 1861
~ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA,
APPROVING BOND TO GUARANTEE THE COST OF II.:PROVEUENTS AND
THE TIME OF COMPLETION TEREOF IN TRACT NO. 132132.
THE CITY COUNCIL OF THE CITY OF A.ltCADIA, CALIFORNIA, DOES
RESOLVE AS FOLLOWS:
SECTION~. WHEREAS, final map of proposed Tract No. 13252
has heretofore been approved by this Council subject to the
approval of bond to guarantee the cost of improvements as follovls:
the installation of curbs, cutters, oil macadam pavement, water
mains, and fire hydrants alone with connections with existing mains
in Tract No. 13252 in the City of Arcadia, California,
NOW. THEREFORE, BE IT RESOLVED, that the sc~ety bond executed
by G. W. I.JARKS and 1. ISAKSON doing business as ARCADIA-MONROVIA
REALTY as Principal, and GE}rnRAL CASUALTY CO~PANY OF AMERICA, a
Co~poration, as Surety, dated March 28th, 1949, for the sum of
FIVE THOUSAND AND NO/IOO DOLLARS, ($5,000.00). guaranteeinG the
improvements in said Tract No. 13252, including the installation
of curbs, gutters, oil macadam pavement, water mains, and fire
hydrants along with connections with existing mains, in Tract No.
13252 in the city of Arcadia., California, accordine to plans
therefor on file in the office of the City Engineer of the City of
Arcadia, and as described in said bond, be, and the sarne is hereby
approved and accepted upon the terms and conditions therein stated.
BE IT FURTHER RESOLVED that all improvements required to be
made in said Tract on said streets and installation of curbs. gutters,
oil macadam pavement, water mains, and fire hydrants along ~th con-
nections with existing mains shall be completed within one year from
the date of said bond.
SECTION 2. The City Clerk shall certify to the adoption of
this Resolution.
I HEREBY CERTIFY that the foreeoing Resolution was adopted
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at a re8ular meeting of the City Council of the City of Arcadia,
held on the 5th day of April, 1949, by the affirmative vote of
at least tnree Councilmen, to wit:
AYWS: Councilmen, Boucher, Klomp, Nugent and Russell
ROES: None
ABSENT: Councilman Libby
C1t~~ ~O'di'
SIGNED and APPROVED this 5th day of April, 1949.
~~R,,<,h/
I:ayor 0 the City of Arcadia
ATTEST:
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