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RESOLUTION NO. 1726:
A RESOLUTION OF THE CITY COUNCIL OF THE CIT~:
OF ARCADIA, APPROVING BOND TO GUARANTEE THE
COST OF IMPROVEMENTS AND THE TIME OF COM-
PLETION THEREOF IN TRACT NO. 1336.71.
THE CITY OOUNCIL OF THE CITY OF ARCADIA, CALIF-
ORNIA, DOES RESOLVE AS FOLLOWS~
SECTION 1. WHEREAS, final map) of proposed Tract No.
l336~has heretofore been approved by this Counc~l subject to
the approval of bond to guarantee the cost of improvements aSl
follows,:, the construction and installation of curbs:, gutters'
and pavement, together with the necessary grading, and the
construction of storm drains, water mains and sanitary. sewers~
all of which :1s; outlined and described on construction plans)
and profiles em file in the office of the City Engineer of the
Ci ty of Arclld:La,
NOW, THEREFORE, BE IT RESOLVED; that the
Surety Bond e~ecuted by Santa Anita Improvement Co., a cor-
poration, as Principal, and Glens Falls Indemnity Company, a
corporation, liS Surety, dated November 1, 1947., for the sum of
Sixty-seven thousllnd three h1ll1dred Dollars. ($67,300.00)', guaran-
teeing the improvements in and adjoining Tract No. l336T-, in-
cluding the construction and installation of curbs, gutters1 and
pavement, together with the necessary grading, and the con-
struction of storm drains, water mains and sllnitary sewers;, all
of which is oU.tlined and described on construction plans and
profiles on file in the office of the City Engineer of the City
of Arcadia Lind as described in said bond: (all work to be done
in accordance with the present standard specifications of the
Ci ty Engineer of the City of Arcadial', as well as the construc-
tion and enlargement of the existing ditch located approximately'
seven h1ll1dred (700) feet north of Grand View Avenue, to th~
satisfaction of said City Engineer, be, and the same is herebyr
IN~F.XC.~
approved ~nd accepted upon the terms and conditions therein
stated.
BE IT FURTHER RESOLVED that all improvements;
required to 1:le made in said tract on said streets and instal-
lation of water lines and sanitary sewers; shall be completed
within one year from the dat'e of said bond.
-.,
BE IT FURTHER RESOLVED that the City of,
Arcadia approve and accept from the said Santa Anita Development
Co. that certain written agreement dated October 28~ 19471, by,
the terms of Which it was understood and agreed that the Santa
Anita Development Co. will improve and dedicate to said City
for street and highway purposes a strip of land thirty (30)" feet
in width lying immediately south of, and adjoining, said tract,
if said land be not acquired by the Arcadia City School District.
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 10th day of November, 1947~ by the affirmative vote
of at least three Councilmen, to wit:'
AYES:' Councilmen, Adcock, Leeper, Nugent, Ormsby and Russell
NOES: None
ABSENT: None
:::? f?
~ - (, 0...,
Ci ' Clerk of the City of! Arcadia
{/
SIGNED and APPROVED this lOth day of November, 1947~
/}1. -fr~
Mayor of the y 0 cadia
ATTEST::
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