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HomeMy WebLinkAbout4631 2 ~ 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 RFSOLUTION NO. .ite i ~1JHEREAS, the City of Kent has made an application under Ap:plication Noo S-1482 to the State of Washington Department of Highways for a franchise '>e.w-&."· far' the installation of ~ line for the C~ty of Kent upon certain highways and across certain highways of the State of WashingtonJ and WHER .. 'EAS, a franchise perforrnanc:e bond in the sum of One-tjmusand ($1,000o00) Dollars must be provided to the State of ~lashington 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 authorized execution by the Mayor and the City Clerk of the City cf Kent af said Canpany' s ap:plication form No. s-6, a.nd the indemnity agreement thereon, and the franchise bond, NOW, THEREF<RE, BE IT RESOLVED BY THE CITY COUNCJL OF THE CITY CF miT in regular meeting assembleEi: That the Mayor and City Clerk of the Cizy of Kent be and they are hereby authorized 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 Washington in the sum of One-Thousand ($1,000o00) Dollars, upon its preparation and delivery by the said oompany to the City for executiono PASSED in regu:B r meeting this~ ~ ~ ,194!. ~~~ Mayor p) / Atte~~~~ City Clerk