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HomeMy WebLinkAboutReso 2479-1957RESOLUTION NO. 2479 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO ACCEPTING GUARANTEE AGREEMENT AND APPROVING BOND AIRPORT BOULEVARD INDUSTRIAL TRACT WHEREAS, the 'improvements in that area known as Airport Boulevard Industrial Tract have been duly recommended for acceptance by the respective departments of the City; and WHEREAS, deVeloper tenders a Guarantee Agreement and bond pursuant to Ordinance No. 297 amended, and said Agreement and bond are in proper form and substance. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of South San Francisco does hereby accept the Guarantee Agreement and Bond No. 802913-A (Massa- chusetts Bonding and Insurance Company) in the'sum of Seven Thousand Four Hundred Sixty Five and 64/100th ($7,465.64) and does accept the improvements as recommended. BE IT FURTHER RESOLVED that the Mayor and City Clerk of s~id City are author- ized to accept said Guarantee Agreement on behalf of the City. I hereby certify that the foregoing resolution was regularly intro- duced and adopted by the City Council of the City of South San Francisco at a regular meeting held this 15th day of April, 1957, by the following vote: AYES, Councilmen G. J. Rozzi, Andrew Rocca, Emilio Cortesi and Leo J. Ryan NOES, None ABSENT, Councilman Francis Lucchio ATTEST: Arthur A. Rodondi City Clerk