HomeMy WebLinkAboutResolution 550
RESOLUTION NO. 550
RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF GILROY DETERMINING THAT
PROVIS IONS OF THE AGREEMENT BETWEEN THE OWNERS OR SUBDIVIDERS OF
PARK MEADOWS UNIT NO. 2,SUBDIVISION AND THE CITY OF GILROY RELATING TO
THE CONSTRUCTION AND INSTALLATION OF IMPROVEMENTS HAVE BEEN COMPLETED
AND THAT BOND IS EXONERATED
WHEREASg the C01TImOn Council of the City of Gilroy has heretofore
approved the plat and map of the subdivision of certain property
within the City of Gilroy known and designated as Park Meadows1
Unit No. 21 Tract Noo 2336, upon the condition that PAUL H. KENT1
RICHARD W. BRIGGS et all the owners of said tract, shall furnish
and install sewer and water mains, grade I gravel and oil streets
and alleyst construct and install sidewalks1 curbsg gutters1 fire
hydrants and fire boxesg and electroliers, all in accordance with
the requirements of the City of Gilroy, and the said owners did
enter into a written contract with the said City of Gilroy on the
16th day of February: 19591 to furnish or cause to be furnished all
of the aforesaid improvements and appliances; and
WHEREAS, the said City of Gilroy, in said agreement also required
the said owners to furnish.. before the approval of the said map of
said subdivisiont a surety bond in favor of the said City of GilroYt
executed by the said owners, in the sum of $56,000000( conditioned
upon the fulfillment of the aforesaid agreement and the said bond
was so given as required, and
WHEREASg the said owners have full complied with the provisions
of the said agreement and have furnished and installed the said
sewer and water mainsg sidewalks, curbs and gutters, fireboxes and
electroliers, and has gradedg gravelled and oiled the streets and
alleys in said subdivision! all in accordance with the aforesaid
agreemento
NOWt THEREFOREg BE IT RESOLVED: That the said agreement entered
into with the said City of Gilroy by the said owners has been
fulfilled and completedg and that all of the conditions upon which
the said bond has been issued have been fulfilled; and the said
surety on the said bond is exonerated and declared not liable
thereundero
PASSED AND ADOPTED this 7th
ing vote:
day of December, 1959, by the follow-
AYES:
COUNCILMEN Pate, Rush, Petersen, Wentworth, Gallo, Jordan
NOES:
COUNCILMEN Nonc",
ABSENT:
COUNCILMEN None
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-' . Mayor /1
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ATTEST:
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City Clerk