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HomeMy WebLinkAboutReso 1980-1954RESOLUTION NO. 1980 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO AUTHORIZING THE EXECUTION OF AN AGREEMENT BETWEEN SAID CITY AND THE STONESON DEVELOPMENT CORPORATION WITH RESPECT TO THE PAYMENT e OF A PORTION OF THE COST OF INSTALLING S~ORM SE%~fERS IN, ABOUT, AND IN THE VICINITY OF, "WESTVIEW TERRACE SUBDIVI- SION NO. 1" AND PROPOSED "WESTVIEW TERRACE SUBDIVISION NO. 2" IN SAID CITY. WHEREAS T}~] STONESON DEVELOPMENT CORPORATION ha~ r~quested the City of South San Francisco to accept ~11 public improvements constructed and installed in that certain subdivision known as "Westview Terr.~ce Subdivision No.. 1"; and' WHEREAS a storm drainage problem exists in, about,, and in the vicinity of said "Westview Terrace Subdivision No. 1" and proposed "Westview Terrace Sub- division No. 2" which problem, it is deemed, has been p~rtlv caused, and con- tributed to, by the development in said "Westview Terrace Subdivision No. 1" and, it is believed, will be further accentuated by the develgpment of said proposed "Westview Terrace Subdivisibn No. 2"; and WHEREAS it is deemed necessary for the city council of said city to protect the property of said city as well as the welfare and pro.pert'y of individual citizens by the installation of ~dequate storm drainage facilities in, about, and in the surrounding vicinity of said subdivision and said proposed subdivision; and WHEREAS said THE STONESON DEVELOPMENT CORPC~ATION has a~greed to e~nter into an agreement by the terms of which said corporation shall, after the installation of storm drainage facilities ms proposed by Louis Goss, Director of Public Works ~£ said city, the estimated total cost of which is in excess of EIGHTY-TWO THOUSAND DOLLARS ($82,000.00), and upon demand, reimburse said city for a percentage (as set forth in said agreement) of said total cost, which, it is agreed,~ shall not exceed the sum of TEN THOUSAND DOLLARS ($10,OO0.00), and whereas said corporation has agreed to support said a'greement by a surety bond in the principal sum of TEN THOUSAND DOLLARS ($10,OO0.00}i, NOW, THEREFORE, BE IT RESOLVED by the city council of said city that said city enter into such an agreement with said THE STONESON DEVELOPMENT CORPORATION and accept a surety bond as hereinbefore mentioned. In this connection, the mayor of said city is hereby authorized to execute said agreement on behalf of said city, and the city clerk is hereby directed to attest to said agreement, affixing thereto the corporate seal of said city. 288 I hereby certify that the foregoing resolution was regul,~rly introduced and adooted by the City Council of the City of South San Francisco at a regular meet- ink held on the 1st day of ~{arch, 195~, by the following vote: Ayes, Councilmen John Noonan, Adolph Sani, Emilio Cortesi, Joseph Bracco, Telford Smith. Noes, Councilmen None Absent, Councilmen None Attest; Arthur A. Rodondi City Clerk