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HomeMy WebLinkAbout1994 RESOLUTION NO. 1994. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, APPROVING BOND TO GUAR- ANTEE THE COST OF CERTAIN IMPROVEMENTS AND THE TIME OF COMPLETION THEREOF, IN TRACT NO. 14665, IN SAID CITY. THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA DOES RESOLVE AS FOLLOWS: SECTION 1. WHEREAS, final map of proposed Tract No. 14665 has heretofore been approved by this Council, subject to the approval of a bond to guarantee the costs of certain improve- ments therein, to wit: The installation of 6" 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 6" 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; NOW, THEREFORE, BE IT RESOLVED, that the surety bond executed by D. E. Turner & Associates, Inc., of Monrovia, California, as Principal, and General Casualty Com- pany of America, as Surety, dated the 17th day of February, 1950, in the amount of SEVENTY SEVEN THOUSAND FIVE HUNDRED DOLLARS ($77,500.00), guaranteeing the improvements in said Tract No. 14665, 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 o approved and accepted upon the terms and conditions in said bond stated. BE IT FURTHER RESOLVED that all such im- provements required to be made in said Tract No. 14665 shall be 1. l~Q~"1-'!:.O 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 adop- tion of this Resolution. I HEREBY CERTIFY that the foregoing Resolution was adopt- ed at a regular meeting of the City Council of the City of Arcadia, held on the 21st of February, 1950, by the affirmative vote of at least three Councilmen, to wit: AYES: Councilmen Boucher, Klomp, Nugent and Russell NOES: None ABSENT: None d~~ Clerk of the City of rcadia. City SIGNED MiD APPROVED THIS 21st day of February, 1950. ~Lg~// Mayor of the City of Arcadia. ATTEST: .-;6?/ 'fl'~ . ? tt;/C', ~ry /- ~. ~-- /- --: -- ---'" /... ...._ __ i"" City Clerk. " , -, -