HomeMy WebLinkAboutResolution 2852 N.C.S. 11/06/1961 EER:aw 10/25/61
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Resolution!No 2364 - - N.C.S.
RESOLUTION ACCEPTING $1, 000 CASH DEPOSIT FROM
REN 1'G & HOCKERSON'IN LIEU OF THE MAINTENANCE
BOND REQUIRED BY THAT CERTAIN: SUBDIVISION
AGREEMENT OF FEBRUARY 20, 1961,
INTRODUCED BY COUNCILMAN -G I'7' `"'' C-1....-----
At A Regular Meetin of
An Adjourned._meeting
the City Council of the City of Petaluma on the..:_ 6th day of N o v e m her 19 61
n
WHEREAS, by Subdivision Agreement of February 20, 1961, Rentz &
Hockerson, in their Robert Larson Subdivision are required to furnish this City a
Maintenance Bond, and
WHEREAS, the "City Engineer and Director of Public Works by letter
of September 5, 1961, recommended the acceptance of the Robert Larson Subdivision
improvements and the acceptance of a Maintenance'Bond, in the amount of $1, 000, and
WHEREAS, the Redwood Empire Savings & Loan Association has filed
with the City a letter stating that it has on deposit $1,`000 which shall not be dispersed
to Rentz & Hockerson until such time as the City Engineer approves the dispersement:
The said letter further states that this $1, 000 is on deposit for the benefit of the City.
of Petaluma in lieu of the Maintenance Bond required By the. Subdivision Agreement
above referred to,
NOW, THEREFORE, BE IT RESOLVED that the City accepts in lieu of
the, surety bond, the deposit with the Redwood Empire Savings& Loan Association as
evidenced by letter of October T9, 1961,
under the_poeer an authority rjferred upon this Council by the Charter of said City..
p ,,Y�� �y�� A� - COUNCILMEN VOTE
Seconded by / � 2°Cd4' -.(�Lt? -:. Y---H' i -[,(
Ay Noes Absent
I hereby certify that the foregoing resolution was duly and Councilman Kenneth J::Colin
regularly introduced..and adopted by the Codicil of the City of Marino P. Crinella /
Petaluma, on the 6th .d'ayelf r.oveis ber 1961 , by
— Thomas, Ellis, Jr.,
J.
the following vote: <�
A /t' Milton A. Gustafson „�
(SEAL) ( ` '2'- ° L ✓
f , ,
Mayor of the City of-Petalurpa/ John J. King,
/%/ ! / " Norman P. Van Bebber l/
Attest �<4 L�c�,O . 2/4-;<4.6.G k'
/- Mayor Everett A. Matzen .,
City Clerk