The URL can be used to link to this page

Home My WebLink About1950 RESOLUTION NO. 1950. A RESOLUTION OF THE CI'fY CO~CIL OF ~HE CITY OF ARCADIA, APPROVING BOND TO GUARANTEE THE COST OF CERTAIN IMPROVE~lliNTS AND THE TI1ffi OF COMPLE- ~ION ~HEREOF IN ~RACT NO. 16091 IN SAID CITY. THE CITY CO~CIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS: SECTION 1. WHEREAS, final map of proposed Tract No. 16091 has heretofore been approved by this Council, subject to "he approval of a bond to guarantee the cost of certain improvements therein, as follows: The installation of curbs, gutters and pavement, together wi"h the necessary grading; also the complete installation of a sani"ary sewer system, together with 6" house connections to property 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 Ci"y of Arcadia, NOW, THEREFORE, BE IT RESOLVED that "he surety bond executed by Arthur A. Beliveau, Olson Enterprises Incorporated and San Gabriel Valley Building Company, as Prin- cipals and Seaboard Surety Company, as Surety, dated the fourth day of November, 1949, for the sum of FOURTEEN THOUSAND AND NO/100 ($14,000.00) Dollars, guaranteeing the improvements in said Tract No. 16091, including "he installation of curbs, gutters and pavement, together with the necessary grading, and also the complete installation of a sanitary sewer system, together with six inch (611) house connections to property line; all work to be done in accordance with "he present standard specifications of the Ci"y of Arcadia, as described in said bond, be and the same is hereby approved and accepted upon the terms and conditions in said bond stated. 1. \"ofii.f:!J BE IT FURTHER RESOLVED that all such improvements re- quired to be nade in said Tract shall be completed within one year from t;he d ate of said bond, all to the satisfaction of the St;reet Superint;endent of the City of Arcadia, and the Cit;y Council of t;he Cit;y of Arcadia, and in accordance with t;he present; standard specifications of the Cit;y of Arcadia therefor. SECTION 2. The Cit;y Clerk shall certify to the adoption of this Resolution. I HEREBY CERTIFY t;hat the foregoing Resolut;ion was adopted at a I' egular meeting of the City Council of t;he CHy of Arcadia, held on the fifteenth of November, 1949, by the affirmative vote of at least three Councilmen, to wit: AYES: Councilmen Boucher, Klomp, Nugent and Russell NOES: None ABSENT: Councilman Libby / / .L I Cit;y Clerk of the City of rcadia. SIGNED AND APPROVED THIS FIFTEENTH DAY OF NOVEMBER, 1949. /j ') /) -t:E/~ ~LL/' Mayor of the City of Arcadia. A'l'TEST : ~ ~ ~z~ '.:: -' "'; :- ~ " Cit;y Clerk. " ...~ '- '--'" . ~.,,:'-,-::"- i STATE OF CALIFORNIA COUNTY OF Los ANGELES { ss. 011 this~day of November . . forty-nine , 1U the year one thousand mne hundred and before me. Betty Dennis . a Notary Public in and for said County and State. personally appeare,1 Ii:lward Siskel known to me to be the person whose name is subscribed to the within instrument as the Attorney-in-fact of the SEABOARD SURETY COMPANY, and acknowledged to me that he s bscribed the name of the SEABOARD SURETY COMPANY thereto as pri 'pal. and his own na e as Attorney-in-fact. -. , \ 5M 8-048 G&C , v Commission Expires Dec, 26, 1952 a..-- .A' ~ " t . STATE OF CALIFORNIA, } County of + i2ntJ.u / SS. a.T~' H ~ )/:J:,,;,i1a;~ a Notary Pub in and f r sa C 1/ and State, personally appeareA . known to me to be the , known to me .".~~~..~a~~;...: "4~ . .......... ..1...(,,;.:./1"1 "'<(,.. a......~. '.'.~-:~-"'.'-..<.~....;~._ ~~_..,,~ .. . - ....~:::., .....:.: ..; .- ........ ~ "- '/':.t'."-< ;:~ \..,/.. ::.~~~ - .,........,..~.<~~' 'I"';' ,".'t .,," ~'- ACKNOWLEDGMENT - CORP. -'?/ '1 , A. D., 19~. befOTe me, . the COTporation that executed the . in Instrument, wn to me to be the persons who executed the wUhin Instrument, on bBhalf of the CorpOTtiUon herein nomed. and acknowledged to me that S1JCh C OTp01'ation executed the same. IN WITNESS WHEREOF, 1 have hereunto set my hand and affixed my ofjicjaI seal the day and year in this CMtifU:ate lIrst above written. ~V ~a11If ~~ Nota", Public in and.lo/ sdid County and Stale. I MY COMM SSION EXPIRES AUG. I, 1952 PRES. a SEC. - WOLCOTTS FORM 226 llU~U ~U. ltLlI 41'n KNO\'{ ALL MEN BY THESE PRESENTS, that we, Arthur A. Beliveau (Party of First Part), Olson Enterprises Incorporated and San Gabriel Valley Building Company (Parties of Second Part), as Principals, and SEABOARD SURETY COl4PANY , a Corporation organized and existing tmder the laws of the State of New York , with its principal office in the City of New York , and authorized to transact business in the State of California, as Surety, are held and firmly bound unto the City of Arcadia, a municipal corporation in the sum of FOURTEEN THOUSAND AND NO/IOO DOLLARS ($14,000.00), lav~ul money of the United States for the payment of which well and truly to be made, we bind ourselves, our and each of our heus, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. SIGNED, SEALED AND DATED THIS 4th DAY OF November , 1949. THE CONDITION OF THIS OBLIGATION IS SUCH THAT, v1ffEREAS, it is proposed to complete certain improvements in Tract No. 16091, in the City of Arcadia, as follows: The installation of curbs, gutters and pavement, together with the necessary grading; also, the complete installation of a sanitary sewer system, together vdth 6" house connections to Property 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. NO~, THEREFORE, if the said Arthur A. Beliveau. (Party of First Part,), Olson Enterprises Incorporated and San Gabriel Valley Building Company (Parties of Second Part), as principals, shall construct the improvements mentioned above, and complete said work within one year from the date of this bond, all to the satisfaction of the Street Superintendent of the City of Arcadia, and the city council of the City of Arcadia, and in accordance vdth the present standard specifications of the City of Ardadia therefor, then this obligation shall be null and void; otherwise to remain in full force and effect. .~ ARTHUR A. BELIVE..4.U, OLSON ENTERPRISES IIIC., AND SAN GABRIEL VALLEY BUILDING CO., AS COPARTNERS . By:SAl, GABRIEL VALLEY BUILDING CO., COPARTNER ~ffir~~4 resident ~ By: ~ \ THE PREMIUM ON THIS $l4O .00 CONO IS $ (Executed in Duplicate) .