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HomeMy WebLinkAboutReso 1961-2562 4 RESOLUTION NO. 2562 Trailer Rancho, Inc. RESOLUTION OF THE CITY COUNC I L APPROVING AGREEMENT FOR THE CONSTRUCTION OF IMPPOVEVENTS IN "C" STREET AND NORTH CLOVER AVENUE THE CITY COUNCIL OF THE CITY CF CHULA VISTA DOES HERE Y RESOLVE AS FOL LC:`"S: SECTION lo That certain agreement between the CITY OF CHULA VISTA, a Municipal Corporation, -and Trailetaa-c co o ,y, dated Febr��arva_. 7 67 , a copy of which is attached hereto, and incorporated herein, the same as though fully set forth herein be, and the same is hereby approved. SECTION 2. That the ':'.ayor of the City of Chula Vista be and he is hereby authorized and directed t o execute the sonic for and upon behalf of the said City upon the posting of the bonds by St. Paul Fire and Maxine Insurance Company as provided for in said aoreement9 itDOPTED AND APPRMED by the GIVE COUNCIL of th c: CITY OF CHULA V rt,S`P...A • CALTFORNI • th. J.4th .dY of __Eahruary_v_igfii, 1) bc, following vote ;10-wit: AW.S: C°1-1NO r12-1-1.Naa.f.dlienzelflacliairs.4.3mith,AcAll is ter AF tiT:s jume___ COUNC" U.11,N • -ft_ Af 011111W■ Wo, / the Cit c Chula Vista AT,F..S7.• it Ito dP44L, " Cerpj.. /ft 4i1 • " t 1! FE OF CALIFORUIV ) OF SAN Dili,30 ) .3s 'IF CHULA litsrA ) , KENNETH P. C.A1TEc,LL, City Clerk of the City of Chula Vista, Cr ifotnia DO NERI".EY i:EVIITT that the above and foi egoing s a full , u'd correct. pi of Resolution N _and that the h.,.q not been •nue :ded or repea.ied. Clerk CONTRACT FOR COMPLETION OF IMPROVEMENTS IN "C" STREET and NORTH GLOVER AVE . IT IS HEREBY AGREED by and between the CITY OF CHULA VISTA, a municipal corporation, and Trailer Rancho, Inc. • hereinafter called Second Party, as follows: WI TNESSETH: • - WHEREAS the Second Party is the owner of real property in the City of Chula Vista, County of San Diego, State of California, • described as follows: . Those portions of 20 Acre Lots 3 and 4 of Quarter • Section 135 of Rancho de la Nacion according to Map thereof No. 166 on file in the office of the Recorder of San Diego County, California, desc- rihed as follows: • • ' The Easterly 608. 17 feet of the South half of said20' Acre Lot 3, and the Easterly 608. 17 feet ,,:... ..:::. ...,.,::.. of said 20 Acre Lot 4. WHEREAS, the Second Party has requested a certain privilege in the use of the property above described, 'the First Party has required as a condition in granting said privilege, that certain property be dedi- cated to public use for street purposes, and th-e improvements be installed therein and in a portion of "C" Street and WHEREAS, the Second Party has filed with proper authorities of the City of Chula Vista, the necessary deeds, improvement plans and other data, and WHEREAS, •the Second Party is desirous of furnishing to the City of Chula• Vista, a faithful performance bond to guarantee the installation of the hereinafter described improvemen'ts NOW, THEREFORE, IT IS HEREBY AGREED BY and between the City of Chula Vista, and the Second Party as follows: • • I . Said Second Party agrees to undertake and complete, and to pay for all labor and materials in .connection therewith, prior to the issuance of a 'completion certificate or final inspection , for structures erected on the heretofore described property, all the necessary work and installation of improvements hereinafter described, in full conformity with the ordinances of the City of Chula Vista, and • ' the directions of proper officials of the City of Chula Vista, Calif- , ornia, as may be applicable thereto. Said improvements are more particularly described as follows: The grading and construction of pavement, curbs and gutters, sidewalks, drainage facilities and sanitary sewers, as shown on improvement plan on file in the office of the City Engineer, City of Chula Vista, bearing the following numbers: 61-7L • 61 -8L 61 -9L 61 -10L • • The Second Party further agrees to indemnify, protect and hold harmless the said City of Chula Vista from any and all claims of liability for personal injury, property damage, labor or material • claims which may be made against said City by reason of said work and installation of improvements as herein provided. 2. As a guarantee and as security for its full and faithful per- formance in complying with all the requirements for the completion of said improvements as aforesaid, the said Second Party shall deliver to the City of Chula. Vista,' upon the execution of'. tliis agreement, a good and sufficient bond executed by an authorized surety company satis- factory to the said City of Chula Vista in the sum of $• 29.500.00 • -2- • 3. Upon the execution by Second Party of this contract and the posting of a bond as herein provided, the City agrees to issue a certificate authorizing construction of structures on the heretofore described property. • DATED: February 14, 1961 • • Robe( B. • s Vice-President, Trailerancho Corp ' 0 CI L-A-A is A, CALIFORNIA • Mayor Approved as to form and legality: Ci y Att ney or the City of Chula Vi a, California ATTESTED TO: City C - rk of the Cif , o Chula Vista, California • • • -3- ST PA and MARINE 0 SAINT PAUL, MINNESOTA • • A C A P I T A L S T O C K C O M P A N Y • • CONTRACT BOND BOND NO. 404FM0372 • Times all men by these presents that we • TRAILERANCHO CORP. , A CALIFORNIA CORPORATION as Principal, and the ST.PAUL FIRE AND MARINE INSURANCE COMPANY,a corporation organized under the laws of the State •••• of Minnesota and duly authorized to transact business in the State of CALIFORNIA as Surety,are held and firmly bound unto • • ' CITY OF CHULAINISTA as Obligee, in the sum of TWENTY—NINE, THOUSAND FIVE HUNDRED AND NO/100. . . ($29,500.00) DOLLARS,for the payment whereof well and truly to be made, the Principal and the Surety bind themselves, their heirs, • executors,administrators,successors and assigns,jointly and severally,firmly by these presents. SIGNED,sealed,and dated this 10th day of FEBRUARY 1$s' 61 WHEREAS the Principal and the Obligee have entered into a written contract,a copy of which is or may be attached • hereto,dated the 10th day of FEBRUARY ,19.4£61 ,for COMPLETION OF STREETS, SANITARY SEWERS AND DRAINAGE AT 'C" STREET AND NORTH GLOVER AVENUE, CHULA VISTA, CALIFORNIA NOW THEREFORE,the condition of the foregoing obligation is such that if the Principal shall indemnify the Obligee for all loss that the Obligee may sustain by reason of the Principal's failure to comply with any of the terms of said contract, then this obligation shall be void;otherwise it shall remain in force. TRAI RAN H '*'I'. Principal ST.PA Ardiet RINE INSURANCE COMPANY By / RO E. 'ERWIN Attorney-in-Fact •• 10957 20M Ed.2-S6 ' . vtdLLt11W,ror the payment wnereor well and trulito be made, the rrincipal and the surety bind themselves, their heirs, executors,administrators,successors and assigns,jointly and severally,firmly by these presents. . . SIGNED,sealed,and dated this 10th day of FEBRUARY 1Y3 61 WHEREAS the Principal and the Obligee have entered into a written contract,a copy of which is or may be attached hereto,dated the 10th day of FEBRUARY ,19X61 ,for COMPLETION OF STREETS, SANITARY SEWERS ADD DRAINAGE AT "C" STREET AND • ` NORTH GLOVER AVENUE, CHULA VISTA, CALIFORNIA . NOW THEREFORE,the condition of the foregoing obligation is such that if the Principal shall indemnify the Obligee • for all loss that the Obligee may sustain by reason of the Principal's failure to comply with any of the terms of said contract, • .' then this obligation shall be void;otherwise it shall remain in force. • TRAI RAN Hsi'. 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