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HomeMy WebLinkAbout1953-05-19; City Council; Resolution 47t/ec- &7 RESOLUTION No. 47 / RESOLUTION APPROVING BOND OF SAN DIEGO GAS & ELECTRIC COMPANY EXECUTED IN CONSIDERATION OF TKF: GRANT BY THE CITY OF CARLSBAD OF THE FRANCHISE TO USE THE STREETS OF SAID CITY FOR THE PURPOSES SET FORTH IN ORDINANCE NO. 1019 WHEREAS on the 5th day of the City Council of the City o granting to San D go Gas & El tion, the franchise to use the public streets and places of said, city for the transmission and di purposes, and upon the term ordinance; and a California corpora- ution of electricity for the WHEREAS safd San Diego. Gas & Ele t company, pursuant to the Franchise Act of 1937, has dul Council a bond in the penal sum of one thousand ($1,000.00) dollars, bearing date the 5th day of Ma'g , l,9 53 , and con- ditioned as prescribed by law; and and filed with this WKEREAS upon due investigation and consideration, it appears he satisfaction of this Council that said bond is in proper form that said bond has been duly executed by said San Diego Gas & Electric Company and by one good and suff'iclent corporate surety; NOW, THEXEFORE, BE IT RESOLVED by the City Council of the City of Carlsbad that said bond be, and it is hereby accepted and approved. PASSED on the 19th day of Mag ,J 19 53 Y by the following vote: