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HomeMy Public PortalAbout1930 (04-16-46) RESOLUTION N0. 1930 RESOLUTION AUTHORIZING THE SIGNING OF A NUTE IN THE APdOUNT OF �1958.60 �ADE PAYABLE IN EQUAL Ii1STALLMENTS ON APRIL 1, 1947, APRIL 1, 1948, APRIL 1, 1949,, TO INDIA PAINT AND LAC- QUER COMPANY AS PAYMENT FOR ONE THOUSAND FEF.T OF CAST IROid PIPE AND FITTINGS TO FULFILL THE AGREEioSENT MADE AT THF REGULAR MEETIiVG OF THE CITY COUNCIL NOVEMBER 6, 1945. WHEREAB, the City Council at its regular meeting�November ' 6, 1945 negotiated with Mr. W. W. Seaman, representing the India l Paint and Lacquer Compan9 and an agreement wae reached whereby the India Paint and Lacquer Company would pay for the neceasary pipe and Pittings to lay a ten (10) inch water main one thousand (1000) feet up Alameda Street Prom Fernwood Avenue; and � WHEREAS, the City Agreed to furnish labor and to repay the India Paint and Lacquer Company for the cost of eaid pipe and Plttings in equal inatallmenta, without interest, paymenta .to extend over a period of three (3) years; and PHEREAS, bida were advertised Per one thousand (1,000) feet oP ten (10) inch caet iron pipe and the necessary fittinge, and the bid was awarded to the Grinnell Company of the Pacific as the loweet and beat bidder according to law; and WHEREAS, the pipe has been delivered and the bill in the amount�of One Thousand Nine Hundred Fifty-ei�ht Dollara Sixty Centa (�1,958.60) has been preaented to.the India Paint and Lacquer Company for payment; and WHEREAS, the India Paint and Lacquer Company desirea the City Council to authori2e�the iasuance of a note in the sum of One �" Thousand Nine Hundred�Fifty-eight Dollars Sixty Cents (�1,958.60) to i be payable Six Hundred Fifty-two Dollars Eighty-six Cents (�652.86) on April 1, 1947, Six Hundred Fifty-two Dollars Eighty-six Centa ��G.�2 8�6) on April l, 1948, and Six Hundred FiPty-two Dollara Eighty- .J--- eight Centa ( 652.8 on April 1, 1949. Said oayments to repreeent Pull payment of the note, without intereat. -1- NOW Tf�REFORE: BE IT RESOLVED, that the City Council authorizes the signing of such note and instructs that said payments will be made on the dates due. APPROVFD AND ADOPTED THIS 1Bth day oP April, 1946. � ���ti�tt� ... . � �. . � t� � _ ~'� ., a� �. ��`�� \`�'.- � ` '"' MAYOR OF Tf� CI`I'Y LYNFJOOD j `�=� '�:� V _ � . ' . . � . , , ! . f F ~ .-'�J��1 � l�.F.�'�' .. � I ^� � J ATTEST• �� ;� .,��, �, '� � __ �_�`/ • � y , C�ITY ERK OF THE OF L NOOD STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) se CITY OF LYNWOOD ) � I, the undersi�ned City Clerk of the Clty of Lyntivood, do hereby certify that the above and foregoing Resolution was duly adopted by the City Council of said City at a' regular meeting thereof held in the Ci.ty Hall of said City, on the�t�dAy of April , lgqg_� and ;- by the follcwing vote7 .,�.�+.-`• �� , �'` `��- AYES: COUNCILIvIEN y� �� ,- V�� ` Shrock, Wi��in, 8, Dotv� >. ' _ .... . � a�' ti ',t� � ^ Jense n ang Williama � " `�" 3' �`" � ' NOES: COUNCILIViEiV ; cr v ,-. ' � None. , , ', . _ „_ � � ABSENT: COGNCILTviEN None, -, �, .. --------_ � �. �. . � ���// � �� � �� � � L S 0 �