Loading...
Resolution Number 72-8-14-7RESOLUTION NO. 72-8-14-7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO ACCEPTING THE PUBLIC IMPROVE- MENTS FOR TRACT NO. 7191. WHEREAS, WESTPORT HOME BUILDERS, INC., have in connection with their development of Tract No. 7191, entered into a three party agreement guaranteeing faithful performance in the installation and construction of all public improvements for said tract; and WHEREAS, all of the aforesaid improvements have been in- stalled and constructed to the satisfaction of the City Engineer, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, that the public improvements in and for Tract No. 7191, be and are hereby accepted. BE IT FURTHER RESOLVED that the developer be and is hereby exonerated from his obligations under the aforesaid three party guarantee agreement, and the City Engineer be and is hereby authorized and directed to notify Guardian Mortgage Investors, the third party to said agreement, that the funds held in trust under said agreement may be released to said developer. PASSED, APPROVED AND ADOPTED this 14th day of August, 1972, by the following vote, to wit: AYES: COUNCILMEN: CHERMAK, GAMMELL, THORPE, WEATHERS NOES: COUNCILMEN: NONE ABSENT: COUNCILMEN: BYRNES �e �f'• J mes F. Thorpe, Mayor f the ity of San Juan Capistrano ATTEST: Wanda E. Andersen, City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, WANDA E. ANDERSEN, City Clerk of the City of San Juan Capistrano, California, hereby certify that the foregoing is a full, true and correct copy of Resolution No. 72-8-14-7 adopted by the City Council at their meeting August 14, 1972. City Clerk