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Resolution Number 86-6-17-9RESOLUTION NO. 86-6-17-9 18 9 DECLARING DEFAULT AND TERMINATION OF PERFORMANCE OF OBLIGATIONS - WATER CONSERVATION EOUIPMENT A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, DECLARING A DEFAULT AND TERMINATION OF PERFORMANCE OF OBLIGATIONS OF WATER CONSERVATION EQUIPMENT AGREEMENT (XEROSYSTEMS, INC.) WHEREAS, the City of San Juan Capistrano entered into a water conservation agreement with Xerosystems, Inc. (hereinafter referred to as Contractor) for the installation of water conservation equipment on City -owned and -operated facilities on or about January 21, 1986; and, WHEREAS, Paragraph 8 of said agreement required Contractor to complete installation of said equipment on or about April 17, 1986; and, WHEREAS, Paragraph 13 of said agreement required Contractor to post a $20,000 surety (or letter of credit) for the purpose of insuring the City for damages in the event of default by Contractor; and, WHEREAS, the Public Works Department has represented to the City Council that the required work was not completed within the required time period; and, WHEREAS, the City has been placed on notice of an assignment of Xerosystems' rights and obligations under the agreement to a Herbert Stileau, Inc. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of San Juan Capistrano that the Council hereby finds that Xerosystems has defaulted in the performance of the agreement and that based on said default, the City hereby terminates the said agreement. City Staff is further directed to take appropriate administrative actions to allow for the release of the security filed by the Contractor pursuant to Paragraph 13 of the agreement. PASSED, APPROVED AND ADOPTED this 17th day of June , 1986 . ATTEST: /<'� (�- � 7 KENNETH E. FRIES , MAYOR C 1' /' aj"a A' ' CITY LERK -1- 190 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, MARY ANN HANOVER, City Clerk of the City of San Juan Capistrano, California, DO HEREBY CERTIFY that the foregoing is a true and correct copy of Resolution No. 86-6-17-9 , adopted by the City Council of the City of San Juan Capistrano, California, at a regular meeting thereof held on the 17th day of June 1986 , by the following vote: AYES: Councilmen Buchheim, Hausdorfer, and Mayor Friess NOES: None ABSENT: Councilmen Schwartze and Bland (SEAL) �t�!/' MARYAT CI Y CL RKCI Y CL RK -2-