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66-774ATTEST: RESOLUTION NO. 66R -774 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE EXECUTION OF A RELEASE AND ASSIGNMENT IN FAVOR OF GLENS FALLS INSURANCE COMPANY. WHEREAS, the Engineering Division and the Utilities Department of the City of Anaheim have heretofore recommended to the City Council that Tract No. 3635, located in the City of Anaheim be completed and that all improvements described in Bond No. 85 -42 -30 be installed; and WHEREAS, the aforementioned Division and Department of the City of Anaheim have recommended that the sum of $6,900.00 is sufficient to complete the improvements in Tract No. 3635; and WHEREAS, Glens Falls Insurance Company, the surety obligated under Bond No. 85- 42 -30, has tendered a draft in the sum of $6,900.00, upon execution of the Release and Assignment governing Tract No. 3635. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that it authorize, and it does hereby authorize the Mayor and City Clerk to execute the Release and Assignment prepared by Glens Falls Insurance company in full settlement of all claims outstanding against Glens Falls Insur- ance Company as to Tract No. 3635, and does further hereby acknowledge payment of said $6,900.00 by said Glens Falls Insurance Company in full satisfaction of all claims which the City of Anaheim may have against Glens Falls Insurance Company relative to Tract No. 3635 located in the City of Anaheim. THE FOREGOING RESOLUTION is approved and signed by me this 13th day of December, 1966. T E ITY OF ANAHEIM MAYOR OF THE CITY OF AHEIM 6uTlun000y suotsiAtpgng STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 66R -774 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim, held on the 13th day of December, 1966, by the following vote of the members thereof: AYES: COUNCILMEN: Dutton, Pebley, Schutte, and Krein NOES: COUNCILMEN: None ABSENT:. COUNCILMEN: Chandler AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said Resolution No. 66R -774 on the 13th day of December, 1966. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 13th day of December, 1966. (SEAL) CI CLERK OF THE CITY OF ANAHEIM I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 66R -774 duly passed and adopted by the Anaheim City Council on December 13, 1966. jx w City Clerk