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HomeMy WebLinkAboutReso 1948-948 Reso 948 El Rey Investment corp. R�SOLUTION N0. 94� RE�OLUTTOT�1 OF THE CI�'�`T COUI'1CIL CONTRACT FOR COMPLETION OF IMPROVEMENTS APPRt�sJIT�1G 1�GR'�T�'1V`I' FOR TI� CON- STRUCTION OF I�:'Pt R�UJI'�ZENTS IT�T EL REY TERRACE, A SUBI�NISIc�N• THE CITY COUl`�CIL OF T:iE CITY OF CHLLA VISTA, DOE� HEREBY RE50LU� AS FOLLCI��J�: SECiION l. That certain agreer�ent bet�reen EL REY INV�ST- �;�T;T CORP. , a California Corporat�on, and t`_le CITY OF CHULA VIS1A� a TUZunicipal Corporation, dated June 8th, 1948, a copy of �rhich �.s attached hereto, and incorporated herein, the same as though fully set forth herein, be, and the sarne is, hereby approved. �ECTIc�N 2. That LOR`�NZ C. K�EST�R, �v3ayor of the City of Chula Vista, be, and he is hereby, authorized and directed to execute the same for and upon behalf of the said City upon the postin�; of the bond by EL R� ITtiTVE�TI:� �NT COP�F�RATION, as provided for in said agreement. AD�?PTED, SIGTSED AND 1�PrP��V�D this ��'.�-daY of' �G1d1 , 1948. � � ___ ? � . � � �� •�" _x , .�i._.: I�ay r of t " City of Chula Vista, Calif o rnia. ATTES�: _: � � _ , �..� � City Clerk of the City of Chu1�, Vista, California. 5TATE OF C,�LIF�RNIA) COUT�ITY OF SAN DIEGO) ss. CITY �F CHUI�A VISTA) I, H�RBu..RT V. BRY�T, City Clerk of the City of Chula Vista, California, D� HEREBY CERTIFY that the foregoing Resolution �as duly adopted by the City Council of said City and ti'aas approved by the City Council of said City and ��as approved by the �lfayor of said City at a. regulas r�eeting of said Council held on the -1- ?::�t,.� day of' �Tu1.�r, 1948, and tha� it iFras so adopted by the follo��ing votes : A�ES: COtTTICIL11�T1 :�i�;�e,' ��i.�.sland ��;�.-=<;r� N OE►�'-�: C OUi��C II�:�N ::�-,r=, r�BSE�JT. COTJTyCILT.��Td r.:t� '��. �;" =�� _ ���/ � �, � � � � �� -��.�.-�. ._ . ,, City Clerk of �Yse ty of Chula TTista, California. STATE OF CaI,Ii+ORT��It�) COtTldTY OF 8�N DIEGO) ss. CITY OF CIiUI,A VISTA) I, ;;ERBERT V. BRYATdT, City Clerk of the City of Chula �ista, California, D� HERr�BY CERTI� that the above and aforegoing is a f�all, true and correct copy of Resolution No. , and that the same h�.s not been a.mended or repealed. DATED: r�lay , 1948. City lerY of the City of Chula Vista, California. -2- ^u,,'i':iGT F'�R CC =:�:;_,T_�i�; �r ��:��V�':�IS^5 �^ IS � :�8�% �1 ,�:�� by and be�r•�een t:.e C�1^��" �?r CLL�J�� i- 'TI�1'y, a :��.:ricipal corpor�.��on, a city oi' t�_�e siytn ciass �.nd a �o i itic� subc�iJision o� tiie �:tate ei Caliiorn.ia, �zd �L R� ��i�T�b1:::::�tiT C�RP. , a CG.11I OT"_"'i13 cor Norai,ion, herein- aiter cal�ed i0�o�n?�any6°, �.s Loliot�rs: ... . .. . . " �YI'1.�.1Vli1..�i��T l� ��^�,,t;5 the CoLlpan;� is t-�� ormer oi ��ie iollo��ing czes- cribed real ?�roner=t�% in the City of Ch��la TTista, County oi Sar,. Die�o, St�.te o:� C�.lifornia: Lo-t 23 a1�d all oi �ot 26, e�ceptin� tne �asterlf 325 i�et of said :�t 26, o�' ��uarter Section. 136 according to :�_a?� th�reof iJo. 505 filed in zhe Oz�'ice o� �he Couat�r ;Recorder o� San Di°gc County, :�a_ci1 13, 1�88. ;"1I-�R�:�S the Co�pany proposes to create a sUbdivision oi said above-described p_��opert� a.nd �o ei�°ct �r�e s�:.�e has here- tofore f'iled -ritiz the ��oper autizorities ci the said City o�' C):u1.a Vist�� tize neces��ar�r maps ai.d other data in cor�'ormity ti�rith �he la��s oi �i.e vtat° of CaliFernia avplicable thereto, ar?d sa�'R��S the said pYoper auti�orities o� said Citf have iound tY?e �roposed subdivision nlan to be acctiptable and in accord v�ith the best interests o� s�id City, �.nd '?.�R��S the City of Chula Vista is antitled to acquire iroiy said Co:lpazzy, as � conditio�. precedent to the acceptarice of ariy and al1 streets and easements, assurances ior the com- ple�;on. oi �iie public i Ypro�e�nents in said subdivision as is �rovided t��ere�'or in said pla.n.s anc� attez�dant speciiicat�.ox?s �.s l�ave �eretioiore been approv2d as aforesaid, as'!d ';�IyR��S the Ci�y requires �hat the said Comp�sly sha11 iur- nish �o t:le CityT such assu_:ances icr the co:��a?etion o�' said im- �'1 ..��� _�_ provem°nts as _�ay ve r�cuirea, and ',7h���S the said �o�parly is desi.rous oi sup?�lying such assurances, �;�;'�, Ti���r�R�, s�m ?� ��:�sY �G?�-�ED b�= and pet�leen the Ci�;� of Ch�1� "Tis��. and the s�.id Co�nnary as f'ollo�vs: 1. Said Co�pany a�r°es to undertaYe arid comi�iete �ith- a�n a neriod of or�� (1} year fro� ti7e date i7ereof a11 the necessa.r�T r�ror: and ins�;allatiorl o� i�urovei�ents in tne riere- inabove described subdivision (to be knorr and designated as .;;, �;�`�' T";�-tR;CL) �n �'ull coiL or�aity ��ii,h tne ordinances of the City of Chula Vista, t��e la�s oz tne utate of Caliior:�ia, and the ctirections of prcper ofi'ici�.ls of ti�e City o� Cizula ti'ista, Cali�'ornia as _��1ay oe �.pPlicable ther•eto. Said i:Ilprove-�ents are r�ore particulasly described as lollows: �prov��ents Estimatefl Cos-t Garrett �avenue 600 lin. i't.. oi sid:eti�alk � 2.00 1320.00 660 lin. ft. curb and gutter i:. 2..00 1320.,00 •%•660x12-L,850 so. i t.. plarit mix �425..60 4065.60 � 0.12 iandis �venue gg0 lin. ft: oi sideuvalk � 2..00 19�0.00 660 lin. �t. oz Curb �: gutter � 2.-�01320.00 - 330�36-13„880 so. �t. road Mi� g31«60 �:: 0.07 _ grad�r�g i or road mii� 11,280 237,.6� 4369.20 � 0.02 T��ird Avenue 330 lin. zt. oi sideti�alk G2.00 660.00 330 lin. i t. cf curb w gutter �..00 66�J..00 330x14-4620 sq. fti. p?�t �� 55�-�.40 � 0.12 4620 sa. .it. grading ior rlai�t ?�?i� 92�40 1966..80 � 0.02 Total 10,401.60 �: �ltern�-te: �1425.00 to Cit;� iri �.i�u. o� sU.rf'acing at Eas�er�y ralf of �sarnett �venue. The COr�p3riy �urt��er a;�rees �co inde�nify, �rotect and i�old ':4r�_ti!°ss t�e s�.id Git�- oz Chula Vista zro� ar�jT a-r-d all cl�i.ms o� _2_ liabili�3r or _�rc-��erty ���.se �'-=ich �ay be ��.de a�aiz�st s�.id City -bj� reason oi said .�rorY and �nst��a�io;z oi i��-prove_:�er.ts as ���e�ein ��rovided. 2. �s a gu�r��tee and as security for its iull an.d iaitr?iul �erior�ance in complyin� y�i.tn all �he requiremen�s x ior tl��e completion o�' said subdiv:ision as �oresaid, tihe said Con,��ny sha.11 cleliver to t��e said City of �hula Vista, upon the ex�cu�cion of this a�ree�en�L, a gooa and sv.f='icient bond el�ecuted by an auti,:roized surety company satisiactory to trie sz�id City of Chu1a Vista in ti�e su�. oi Ten thousand Dollars (�10,00O.00i.. 3. �.Tpon tize el_ecution b;y Compar:y oi this contracz and the posting of' t_�.e borld �.s herein �rovidecl, t'rie city agrees to ap�_�rove the rinal ��iap oi sai.d subdivision and accept the same ior recordation. DATED: June 8th, 1948. ;.i� �,�T �.TI.aTVESTy�iV T Ct�P�P. By .;T,���2�oh„ �� Pres�dent C�.TY t�r Cii;J�-� U1S1�, C�;�Is�uRl'�i.�� �y �'�"� ApProve b;�: � ' ty C1erY, Chula J?sta, Calilornia