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HomeMy WebLinkAboutCC Res 2098 1972-05-08 I I I .. <'- . RmOLU'rION NUMBER~ A RESOLUTION OF TIlE CITY COUNCIL OF THE CITY OF SEAL BEACH, CALIFORNIA, DECLARING WORK COMPLETED AS TO IMPROVEMENT PLANS, TRACT 6177, IN ACCORDANCE WITH AGRE1!HENT DATED JUNE 17, 1968, BETWEEN WOODBINE CORP. AIm THE CITY OF SEAL BEACH; ACCEPrING AIm APPROVING SAID WORK; RELEASING IMPROVEMENT BOlID NO. 606923; ACCEPTING MAINTENANCE BOND NO. 606923-M; AND RETAINING SAID BOND FOR FINAL INSPECTION. WHEREAS, On the 17th day of June, 1968, the City of Seal Beach had entered into an agreement with Woodbine Corp. to construct public improvements in Tract 6177, City of Seal Beach. NOW, THEREFORE, the City Council of the City of Seal Beach does resolve as follows: Section 1. That the work required to be performed in accordance with the Agreement between Woodbine Corp. and the City of Seal Beach in Tract 6177 has been completed. Section 2. That the work is hereby approved and accepted. Section 3. That Improvement Bond No. 606923 in the BIIIOUnt of $195,000 for Faitbf'u.1 Performance and $97,500 for Materials and Labor, issued by General Insurance C~any of America be released. Section 4. That the City Engineer accept Maintenance Bond No. 606923-M in the amount of $19,500, issued by General Insurance Company of America. PASSED, APPROVED, AIm ADOPTED by l.he City CouncilffPf the City of Seal Beach at a meeting thereof held on the /~tJlJ day of CrI7LJA-!-." 1972, by the following vote: ~ AYES: counciJme~~.f, ~/I~.-:J1 A~O':d/d"~! ..J1//~ cL.,...:..:c-6 NOES: Councilmen ~ ABSENT : Councilmen Y7~€...../ iJ;! 4u-'A~ ~or