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HomeMy WebLinkAboutResolution No. 1052air • • • • a RESOLUTION NO. 1052 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA AUTHORIZING SAID CITY TO ENTER INTO A CONTRACT FOR THE PURCHASE OF CERTAIN LANDS, WATER WELLS, EQUIPMENT AND PIPE LINES TO IMPROVE: THE CITY WATER SUPPLY AND AUTHORIZING THE MAYOR AND CITY CLERK OF SAID CITY TO SIGN SAID CONTRACT IN BEHALF OF SAID CITY AND TO DRAW WARRANT FOR THE FIRST PAY:, HENT THEREON. The City Council of the City of Azusa do resolve as follows: WHEREAS the water system and water supply of the City of Azusa are at times inadequate to meet the present needs of water users and; WHEREAS said water system and supply must be increased to provide for future needs; WHEREAS the Contract Water Company of Azusa, a Corporation, owns two (2) water wells, together with equip- ment and pipe line located within the City limits of the City of Azusa and is desirous of selling the same and, where- as, the public interest and necessity require that the City purchase said wells, equipment and pipe lines. • NOW, THEREFORE BE IT RESOLVED that the City of Azusa enter into a contract with said Contract Water Company of Azusa, a Corporation for the purchase of two (2) water wells and the land on which the same are located, together with equipment and pipe lines connected with the said wells at the agreed price of Fifteen Thousand Dollars ($15,000.00) payable at the rate of One Thousand Dollars ($1,000.00) at time of signing contract, and One Thousand Dollars ($1,000.00) on December 1, 1928 and One Thousand Dollars (•?1,000.00) on the first day of December of each year thereafter, until the whole amount has been paid. Delayed payments to draw inter- est at seven per cent (7%) per annum, payable semi-annually. The full contract to be entered into, now being on file with the City Clerk, and dated November 28, 1927. BE IT FURTHER RESOLVED, that the Mayor of said City and City Clerk thereof be and they are hereby authorized, to sign said contract on behalf of the City of Azusa -and to draw a warrant in the sum of One Thousand Dollars (1,000.00) on the Water Fund, payable to said Contract Water Company of Azusa as first payment on said contract and to deliver the same when said contract is signed and delivered. I hereby certify that the foregoing resolution was adopted by the City Council of the City of Azusa at a Special Meeting thereof regularly called and held at the re- gular Council Chamber in said City on November 28, 1927, by the following vote of the Council: AYES: Councilmen: Martin, Meier, Chenoweth, Durrell. NOES: Councilman: Howard. ABSENT: None. City Clerk of the Cites y Azusa. Approved this .ZP• day of November, 1927. —mayor