HomeMy WebLinkAboutReso 6046-1973RESOLUTION NO. 6046
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION AUTHORIZING RELEASE
OF ESCROW FUNDS PURSUANT TO RELEASE
AND CONSENT OF WESTBOROUGH COUNTY
WATER DISTRICT (UP-39 AND UP-S8).
BE IT RESOLVED by the City Council of the City of South
San Francisco that, Westborough County Water District having
executed and filed a release and consent to release funds
retained in escrow, as set forth in Exhibit A attached hereto,
the City Council hereby authorizes the release to the parties
entitled thereto of the $10,000.00 escrow deposit together with
any accrued interest established in accordance with escrow
instructions dated September 25, 1968, from the City Attorney
to Title Insurance and Trust Company, Redwood City, California,
in Escrows Numbers 388305 and 388308, Westborough Square, and
the City Attorney be and he is hereby authorized to make, exe-
cute and file any releases necessary to carry out the provisions
of this resolution.
I hereby certify that the foregoing resolution was regu-
larly introduced and adopted by the City Council of the City
of South San Francisco at a adjourned regularmeeting held on the
12 day of March , 19 73 , by the following
vote:
AYES, COUNCILMEN Patrick E. Ahem, William A. Borba,
F. Frank Mammini and Warren Steinkamp
N 0E S, " None
ABSENT, " None
ATTEST: ~
EXHIBIT A
RELEASE AND CONSENT TO RELEASE
FUNDS RETAINED IN ESCROW
WHEREAS, the City of South San Francisco, a municipal
corporation (hereinafter designated "City") required certain road
improvements in Westborough Boulevard as the con'dition of a use
permit, and
WHEREAS, the Westborough County Water District, a public
·
corporation (hereinafter designated "District") claimed that said
work of improvement caused damage and injuries to its properties
and facilities, and
WHEREAS, City required Title Insurance and Trust Company
to retain funds of developers to secure the repair and· replacement
of the claimed damaged property~and facilities should same be
established, and
WHEREAS, developers and District now have reached an
accord regarding said claimed damage and desire to have City release
the funds so retained in escrow by the Title Insurance and Trust
Company.
NOW, THEREFORE, the Westborough County Water District,
a public corporation, hereby consents' to release of the Ten Thousand
Dollars ($10,000.00) retained in Escrows Numbers 388305 and 388308,
Title Insurance and Trust Company, Redwood City, CalifOrnia, by City
to the parties entitled thereto, and does further release the City
of South San Francisco, a municipal corporation, and its officers,
agents and employees from any and all claims arising out of the
occurrence set forth in District's claim dated July 18, 1969.
Dated:
WESTBOROUGH COUNTY WATER DISTRICT,
A Public Coition.
By