56R-3244
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RESOLUTION NO. ~~
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ANAHEIM AUTHORIZING THE DEPOSIT
WITH THE CITY OF PACIFIC LIGHTING CORPORA-
TION COMMON STOCK AS SECURITY FOR THE
FURNISHING, INSTALLATION AND COMPLETION OF
ALL IMPROVEMENTS REQ,UIRED BY THE CITY OF
ANAHEIM IN TRACT NO. 28)8 ~D AUTHORIZINt
THE MAYOR AND THE CITY CLERK TO EXECUTE
AN AGREEMENT FOR AND ON BEHALF OF THE
CITY OF ANAHEIM.
\l'HEREAS, J. J. DWYER and LEBA MAE DWYER have s ubmi t t ed
to the City Council of the City of Anaheim a Tract Map for
Tract No. 28)8 and have requested the City Council to finally
approve said Tract Map; and
WHEREAS, J. J. Dwyer and Lera Mae Dwyer have agreed
to furnish or oause to be furnished and pay for all labor,
materials and equipment and perform or cause to be performed
and pay for all work to make and complete the following improve-
ments inside of said Tract No. 2838, to wit:
The construction and installation of all street
improvements, including excavation, paving, curbs, gutters,
sewers, including construotion of main lines, house
connections and structures, street lights, street trees,
street signs, engineering costs and other requirements.
Sidewalks shall not be required on any streets in said
tract except upon Westmont, When and if sidewalks axe
constructed along other portions of said street by the
City or the property owners.
To construct and install all water mains and house
laterals in said tract,
all in accordance with the specifications of the City Engineer
and the Superintendent of the Light, Power and Water Department
of the City of Anaheim. Said improvements to be completed on
or before twelve (12) months from date hereof; and
WHEREAS, in lieu of the posting with the City of
Anaheim of a surety bond or deposit as required by Section
11612 of the Business and Professions Code of the State of
California, the said J. J. Dwyer and Lera Mae Dwyer desire to
deposit with the City common stock of Pacific Lighting
Corporation in an amount estimated to be necessary to pay for
the cost of all labor, materials and equipment and the per-
formance of all work for the installation and completion of
said improvements as a guarantee that they will make and
complete said improvements as herein required and pay the costs
thereof.
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NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF ANAHEIM that said J. J. Dwyer and Lera Mae
Dwyer be, and they are hereby, authorized to deposit with the
Oity of Anaheim 1,000 shares of the common stock of Pacific
Lighting Corporation of the esti.mated value of Th~Y-fine
'PhOll!IAM. __ Dollars ($ 39,000.00 to be
held by the City in accordanoe with Section 11613 of the
Business and Professions Code as security for the faithful
performance of an agreement to be made and entered into by and
between the Oity of Anaheim and said J. J. Dwyer and Lera Mae
Dwyer, husband and wife, for the furnishing of all labor,
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materials, and equipment and the performance of all work to
make and oomplete the improvements hereinabove mentioned and
described in said Tract No. 2838 upon the terms and conditions
of the agreement to be made and entered into by and between the
City of Anaheim and said J. J. Dwyer ~nd Lera Mae Dwyer this
day submitted to and approved by t!.1e C:lty Council and hereby
incorporated by reference and made a part hereof.
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AND BE IT FURTHER RESOLVED that the Mayor and the
01 ty Clerk be, and they are hereby, authorized to enter into
and execute an agreement for and on behalf of the City of
Anaheim with J. J. Dwyer and Lera Mae Dwyer, husband and wife,
in the form this day approved by the City Attorney and the
City Council, incorporating the provisions of this resolution
and providing for the use of said stock 80 deposited by the
City of Anaheim, or so much thereof as may be necessary, to
reimburse the City in the event of default by said J. J. Dwyer
and Lera Mae Dwyer in the performance of said agreement and
that said agreement shall be da.ted the 25th day of April, 1956.
THE FOREGOING RESOLlTrION is signed and approved by me
this 24th day of April, 1956.
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MA OR OF THE CITY OF ANAHE
ATTEST:
L ))t. ?u2~'l: A'M.V-
CITY CLERK OF THE CITY OF ANAHEIM
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STATE OF CALIFORNIA ~
COUNTY OF ORANGE 85
CITY OF ANAHEIM
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. I, DENE M. WILtIAMS, City Clerk of the I:City of Anaheim,
do hereby certify that the foregoing resolution was adopted upon
a final reading, at a regula~,meeting of the City Coweil of the
City of Anaheim, held on 'the 24th day of April, 1956, by the
following vote of the members thereof:
AYES: OOUNCILMI1:N: Pearson, Coons, Fry,~Schutte and ,Wisser.
NOES: OOUNCTI..MEN: None.
ABSENT : OOtlN CILMEN : None.
AND I Fl:JRl'HER CEIll'IFY that the Mayor of the CitY. of .
Anaheim approved and signed said resolution on the 24th day of
April, 1956.
m WITNESS WHEREOF, I have hereunto set m;y hand and af1'iJo!ld .
the seal of the City of Anaheim this 24th day of April, 1956.
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CITY CLERK OF THE crry OF ANAHEIM.
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(SEAL )
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