HomeMy WebLinkAboutOrd 298-1950 aN ORDINANCE ~MEN~ING SUBDIVISIONS~.~2 ~ND 4.~5 OF '
ORDINANCE NO. 297 ENTITLED: 'q~N O~IN~NCE ESTABLISHING
V
SUBDiVISiON REGUlaTiONS FOR THE CiTY OF SOOTH SAN
FtC~NCISCO", ADOPTED MAY 8, 1950.
The City Council of the City of South S~ Francisco does
ordain as follows:
Section 1. Subdivision &.&2 of said o~inance is hereby
amended so that said subdivision, as amended, shall read as follows:
&.&2 The subdivider shall also file with the
aforesaid agreement, to assure his full and faithful per-
formance thereof, a bond for such sum as the city co~cil·
may deem sufficient to cover the cost of said improvements
and inspection. Such bond shall be executed by a surety
company authorized' to transact a surety business in the
State of Califo~ia and must be satisfactory ~o and be
approved by the city attorney as to form and by the city
manager as to sufficiency. In lieu of said bond, the sub-
divider may deposit with the city treasurer cash money in an
~ount fixed as aforesaid by the city council. In lieu of
such bond, the subdivider may file with the city clerk a
stat~ent of any bank, trust company, or other financial
institution, which may hold an enc~brance upon the land
delineated on the final map, to the effect that such bank,
trust company, or other financial institution holds money
represented by the obligation secured by such encumbrance,
and an assurance to said city that such b~nk, trust company,
or other financial institution will hold, out of ~ch money,
for the purposes of such bond and during the time required
by ~ch bond, an amount of money equal to the amount, which
may be determined by said city council, as provided in this
subdivi sion.
Section 2. Subdivision &.45 of said o~inance is hereby
amended so that said subdivision ~.45, as ~ended, shall read as fol-
lows:
4.&5 A subdivider shall pay to said city
a fee of FIFTY DOLL~RS ($50.00} for each lot shown on
the final map, or agree, in writing, that the territory
described on the final map shall be taxed on the same
basis as any other land in said city may be taxed to
pay any indebtedness or liability of said city contract-
ed prior to or existing at the time of the presentation
of such final map to the city council for approval.
Section 3. This ordinance shall be published once in
the ENTERPRISE-JOURNAL, a weekly newspaper printed and published
in the City of South San Francisco, and shall take effect and be
in force on the expiration of thirty {30) days after its adoption.
Introduced this 3rd day of July, 1950o
Passed and adopted as an ordinance of the City of South
San Francisco at a regular meeting of the City ~ouncil of the City
of South San Francisco this ~ day of July, 1950, by the
following vote:
Ayes, Councilmen~
Noes, Councilmen
Absent, Councilmen-'~ ~.~' ~~'
Approv ed:
Attest: