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HomeMy WebLinkAboutReso 40-1925 ~ -,~-u-O- O- O- ~:-O-O-O-O- RESOLU~ION Ai:P~0~IN~ BOND 0F :PACIFIC GAS AND ELECTRIC C0i~PANY EXECUTED IN CONSIDEY. ATION 0F TEL Gi~ANT 0F THE FY~ANCHISE TO USE ELECTEi6 LINES ii~ THE ?JBLiC ~iIGHWAYSOF THE CITY OF S0~TH SAN FRAN~ISC0, WHE~.EAS, on the 6th day of April 1925, the Board of Trustees of the City of South San Fran circe struck off, sold and awarded %o the Pacii'ic Gas and Electric Company, a corporation organ- ized and existing under any by virtue of the laws of the State of California, the franchise of us ing for co~d~cti~,~ electricity for heat and per:er purpose~, the electric lines of the gr~.ntee main ained or u~ ed in t~e ]jm.biic highways of sa. id City for supplying ~aid City and its i~abitants wit elects'lc light; and W~il~S ssid Pacific Gas and Electric Company, pursuant to l~w ~nd the provisions of a re- solution which was adopted by thi.~' 3card of Trustees on the 2nd day of ~ebruary, 1925, has duly e ecuted ~nd filed with this Board a bond in the penal ~.urn of oho thousand dollars (~1000.00), boar in~ date the 6th day of L~ril, ~9ZL, and conditioned os ]~re~cribed by law~ ane by the laa~t mention ed resolution; and .HE~L~., u~on due investi~a%iun and con~'idera%i~n, it ~ppears to the satisfaction of this bosrd that said bored is in proper for:~ and tha~ said bond has been au][~ executed by said Pacific Ges 8nd Electric Company &nd by two good ~n~ a~ufficient ~ureties~ ~,~ ~w~ ~:~ UE IT Y~ESOL~ED by the Board of~z~stoes el' the Ci~y of Sou~h San Fr~.~oisco that ~'sid bond..e and it ~" ~ ~t, 25 by tee ~'ollowing vote: Passed on the 6t~l d~.,., Ayes: T?ustees: C Blank, ~'. bunninham, A "~ -' ' . · ~chelbach, ~. ~cuafi'rey, n. Mci~ellis Eoes: Trustees: None Absent, Trustees: i~one d, F, ~¥ici~ei]is President oi~ the Bosrd of Trustees Attest: Daniel City-Clerk -O-0-0-0-0-O-