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HomeMy WebLinkAbout4771 2 RESOLUTION NO. 477 WHEREAS, the City of Kent has made an application under Application No. _ ___,S=--...:l=-5"'-6""4::x....-______ of District No. 1. State of Washingto 3 Department of Highways for a franchise for the installation of a water line "' 4 for the City of Kent upon certain highways and across certain highways of 5 the State of Washington; and 6 7 WHEREAS, a franchise performance bond in the aum of One _......:;..;;;:;..;:._ __ _ .... Th_o .... u ..... s .... a~n~d..___.....~(...:~j~l!:..l,~O:::..:O:::..:O""'.a..:O~Ol!.L-) ____ Dollars must be provided to the 8 , State of Washington by the City of Kent; and 9 WHEREAS, General Insurance Company of America ia willing to 10 furnish such a bond, for an agreed premium, upon the authorized execution 11 by the Mayor and the City Clerk of the City of Kent of said Company's 12 appUcation form No. s .. 6, and the indemnity agreement thereon, and tho 13 franchise bond. 14 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL 15 OF THE CITY OF KENT, in regular meā€¢tlng asaembled: 16 That the Mayor a.Jld City Clerk of the City of Kent be and they are 17 hereby authorized and directed to execute on ~half of the City of Kent 18 General Insurance Company of America Bond Application Form s ... 6, together 19 with the indemnity agreement thereon, and they are further authorized and 20 directted to execute on behalf of tho City said franchise bond to the State of 21 W aahington in the sum of _ _,O~n"'e__._T .... h.._.a ..... n'""'s ... a .... n...,d,___-+( ,..$---.1 ..,, ...... o ..... o..,.o.r...c ...... o ..... o......,_) ------- 22 Dollars. on its preparation and delivery by the said Company to the City for 23 execution. 24 25 26 27 28 29 30 1962 PASSED in regular meeting this 4th day of September