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HomeMy WebLinkAbout456RESOLUTION No. :zt~~ WHEREAS, the City of Kent has made an application under Application No. C.S.l738 to the State of Washington Department of Highways for a franchise for the installation of water line for the City of Kent upon certain highways and across certain highways of the State of Washington; and WHEREAS, a franchise p~rformance bond in the sum of One- thousand ($l,OOO.OO)Dollars must be provided to the State of Washington by the City of Kent; and WHEREAS, General Insurance Company of America is willing to furnish such a bond, for an agreed premium, upon the authorize execution by the Mayor and the City Clerk of the City of Kent of said company's application form No. s-6, and the indemnity agre~ ment thereon, and the franchise bond, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KENT in regular meeting assembled: That the Mayor and City Clerk of the City of Kent be and they are hereb; authorieed and directed to execute on behalf of the City of Kent General Insurance Company of America Bond Application Form S-6, together with the indemnity agreement thereon, and they are further authorized and directed to execute on behalf of the City said franchise bond to the State of Washing ton in the sum of One-thousand ($l,OOO.OO)Dollars, upon its preparation and delivery by the said company to the City for ex~ tion. August, 1961.