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Resolution 658 RESOLUTION NO. 658 RESOLUTION ACCEPTING IMPROVEMENTS MADE BY THE DEVELOPERS OF SHERWOOD PARK, UNIT NO. THREE, SUBDIVISION. IVHEREAS, THE DEBELL CORPORATION, a Corporation, has heretofore subdivided a tract of land in the City of Gilroy, designated as Sherwood Park, Unit No. 3, Tract No. 2774 and in order to secure the acceptance and approval by the said City of the Official Map of said subdivision, the said DEBELL CORPOR- ATION did enter into an Agreement on the 30th day of July, 1960, with the City of Gilroy, in which it agreed to cause to be con- structed, installed and completed, certain improvements consisting of streets, highways or public ways and sewer facilities, curbs, sidewalks and gutters, catch basins, sewer lines and water pipe lines, culverts, onsite and offsite storm drains, sanitary sewers, street lighting, street signs, fire hydrants, fire alarm boxes and trees in accordance with and as required by plans and speci- fications for said improvements and conforming to certain standards which were there on file in the office of the Clerk of the City of Gilroy and did give a bond in the sum of $36,000.00 executed by UN I TED PAC I F I C Surety Company to secure the perfor- mance of the said work and the proper installation of the said facilities and; WHEREAS, the Director of Public Works of the City of Gilroy has reported to the said Council of the said City of Gilroy, that all of the said facilities and improvements and utilities have been furnished and installed by the said DEBELL CORPORATION, in accordance with the said Agreement and that the same are acceptable to the City of Gilroy and that the said bond of said DEBELL CORPOR- ATION, should be reduced to the sum of $2,500.00 which bond, as re- duced, shall remain in effect for One year from and after the acceptance of said improvements) to secure the repairing of any defects which may appear in any of said work within said time. '. <..-0 ~"'-\ \...:.' -1- NOW THEREFORE BE IT RESOLVED THAT the said Ci~of Gilroy does hereby accept the said improvements, utilites and facilities as installed by the said DEBELL CORPORATION under the aforesaid Agreement as complying with and as being in full per- formance of the said contract subject to the repair of such de- fects as may be disclosed therein during theperiod of One year from and after this acceptance of said facilities, utilities and improvements and that the bond heretofore furnished by the said DEBELL CORPORATION, to secure the faithful performance of said Agreement be reduced to the sum of $2,500.00 to remain in effect and be effective for the said period of one year and thereafter until any defects in the said facilities and improvements and utilities which are disclosed within said period of one year,are repaired by the said DEBELL CORPORATION, and further that the said surety on said bond be exonerated as to all the remaining portion of said bondo Passed and adopted this 6th day of November, 1961, by the following vote: AYES: MEMBERS OF COUNCIL Duffln,Goodrich,Jordan,Petersen,Quartirol i, Wentworth, and Sanchez. NOES: MEMBERS OF COUNCIL None ABSENT: MEMBERS OF COUNCIL None (/j:' APPROVED: (j.--'/ ,S 7- ~--;~-( L / Mayor ~~- STATE OF CALIFORNIA ) ) ) ss COUNTY OF SANTA CLARA SUSANNE PAYNE, City Clerk of the City of Gilroy, does hereby certify that the foregoing is a full, true and correct copy of a Resolution adopted by the unanimous vote of the Council of the City of Gilroy at a regular meeting of said Council held on tie 6th day of November, 1961 at which meeting a quorum was present. seal this IN WITNESS WHEREOF, I have set my hand and affixed my 7th day of NOvember, 1961. Q) li-<ZLl>t City Clerk, ...-/ -2-