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HomeMy WebLinkAbout1953-05-19; City Council; Resolution 48J) .. RESOLUTION No. 48 :ONSIDERATION OF THE GRANT BY THfi WHEREAS on the 5th day of May 9 192, the City Council of the City of Carlsbad passed its ordinance granting to San Diego Gas & Electric Company, a Calif corporation, the franchise to use the public street places of said city for the transmission and distribution of gas for the purposes, and upon the terms and conditions as set forth in said ordinance; and WHEREAS said San Diego Gas & Electric Company, pursuant to the Franchise Act of 1937, has duly executed and filed with this Council a bond in the pe dollars, bearing date the conditioned as prescribed one thousand ($~,OOO.OO) , 19s, and blay WHEREAS upon due on and considepation, it appears to the satisfaction of this Council that said bond is in proper form and that said bond has been duly executed by said San Diego Gas & Electric Cornpany and by one good and sufficient corporate surety; NOW, THEREFORE, 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 May \