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HomeMy WebLinkAboutReso 1966-3988 RESOLUTION NO. 3988 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA EXTENDING TIME FOR PERFORMANCE OF CONDITIONS AND AGREEMENTS RELATIVE TO INSTALLATION OF IMPROVEMENTS IN SOUTHWESTERN COLLEGE ESTATES UNIT NUMBER ONE The City Council of the City of Chula Vista does hereby resolve as follows : WHEREAS, by Resolution No. 2812 adopted Anil 24, 1962 , authorizing agreement for construction of improvements in Southwestern College Estates Subdivision, Unit No. 1, said subdividers did agree to complete said improvements by April 17, 1963, anal WHEREAS, said subdividers were crranted an extension of time in which to perform said agreement and construction of improvements to and including the 17th of April, 1964, by Resolution No. 3025, a further extension to and including the 13th day of February, 1965 , by Resolution No. 3333 , and a further extension to and including the 13th day of February, 1966 , by Resolution No. 3662 , and WHEREAS, said subdividers have requested an additional extension of time in which to perform said agreement and construction of improvements , and WHEREAS , said subdividers have furnished the City with a letter from United Pacific Insurance Group, 616 South Shatto Place, Los Angeles , California, dated January 28 , 1966 , being the underwriters for the performance bond and the labor and materials bond, consenting and agreeing to such extension, and WHEREAS, it appears to be in the best interests of the City of Chula Vista to grant said extension. NOW, THEREFORE, BE IT RESOLVED as follows : 1. That said subdividers , namely Allied Contractors , Inc. , are hereby granted a one-year extension in which to construct and install and complete improvements pursuant to that certain contract for completion of improvements in Southwestern College Estates, -1- Unit No. 1, dated April 16 , 1962 , to and including the 13th day of February, 1967, and otherwise upon the same terms and conditions recited therein. 2 . This extension is granted upon the condition that the said bonding company, United Pacific Insurance Group, consents to said extension in connection with Bond No. B108117 . 3 . Further, it shall be a condition to the granting of said extension of time that the City of Chula Vista' s agreement to reimburse said Allied Contractors, Inc. , in accordance with that reimbursement contract dated November 22 , 1961, at the rate of $5 ,645. 72 per year for three (3) years commencing August 1, 1962 , two payments having been made in July, 1962 and November, 1964 in the respective sums of $5 , 645 . 72 , the third payment date having been extender to August 1, 1967, said last payment date be, and it is hereby extended to August 1, 1968 . BE IT FURTHER RESOLVED that the City Clerk of the City of Chula Vista be, and he is hereby authorized to send a certified copy of this Resolution to Allied Contractors , Inc. , 5109 Waring Road, San Diego, California and to United Pacific Insurance Group, 616 South Shatto Place, Los Angeles 5, California. Presented by ^^"- tran Cole, City Engineer Approved as to form by George D. L ndbe_rg, City Att rney�f ADOPTED AND APPROVED by the CITY COUNCIL of the CITY OF CHULA VISTA, CALIFORNIA, this 8thday of February 19 66 , by the following vote, to-wit: AYES: COUNCILMEN Sparling, McMains, McAllister, Anderson, McCorquodale NAYES: COUNCILMEN None ABSENT: COUNCILMEN None (.2 -Mayor of the City of Chula Vista ATTEST �.:l ice._ City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO ss. CITY OF CHULA VISTA I, KENNETH P. CAMPBELL, City Clerk of the City of Chula Vista, California, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of and that the same has not been amended or repealed. DATED: City Clerk CC 652 '541 % 7