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HomeMy WebLinkAbout1990 RESOLUTION NO. 1990. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, APPROVING BOND TO GUARANTEE THE COST OF CERTAIN IMPROVElillNTS AND THE TIME OF COMPLETION THEREOF IN TRACT NO. 14626 IN SAID CITY. Tlill CITY COUNCIL OF THE CITY OF ARCADIA DOES RESOLVE AS FOLLOWS: SECTION 1. ~~IEREAS final map of proposed Tract No. 14626 has heretofore been approved by this Council, subject to the ap- proval of a bond to guarantee the cost of certain improvements therein, as follows: The installation of an eight-inch (8") sani- tary sewer, together with wye connection, and connection to exist- ing sanitary sewer line and repaving of trenches as outlined on construction plan on file in the office of the City Engineer; all work to be done as outlined on said construction plans and in accordance with the present standard specifications of the City of Arcadia, NOW, THEREFORE, BE IT RESOLVED, that the surety bond executed by Santa Anita Improvement Company, a Corpora- tion, as Principal, and Glens Falls Indemnity Company, as Surety, dated the 30th day of January, 1950, for the sum of One thousand five hundred and nO/100 dollars (~~1,500.00), guaranteeing the im- provements in said Tract No. 14626, including the installation of an eight-inch (8") sanitary sewer, together with wye connection, and connections to existing sanitary sewer line and repaving of trenches as outlined on construction plan on file in the office of the City Engineer, and in accordance with the present standard specifications of the City 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. BE IT FURTHER RESOLVED that all such improvements required to be made in said Tract No. 14626 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 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 day of February, 1950, by the affirmative vote of at least three Councilmen, to wit: AYES: Councilmen Boucher, Klomp, Nugent and Russell NOES: None ABSEN'r: None / / City Clerk of the City of .rcadia. ~, /] 'CZ-; / cr-L-e-e-,-' 1950. /,'7 / -- /:/ /// I ~-LLCGL/ SIGliED AND APPROVED THIS 21st day of February, Mayor of the City of Arcadia. ATTEST: City Clerk. ~ I ;:" . /- ? /. - ~ / , '- -" /. --