HomeMy WebLinkAboutResolution No. 122921 R3SOLUTION NO. .Z2
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4 A RESOLUTION OV E CITY COUNCIL OF THE CITY OF
8 A!USA CONDITIONALLY ACCEPTING AN ASSIGNMENT FOR TH3 PAYI.ENT OF
6 MONEY I1IEDE BY TIIPM S A. BERK FILE TO THE FIRST NATIONAL BANK OF
7 MONTEREY PARK.
9 TheCityCity Council of the City of Azusa do resolve
as fello„rs:
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WHEREAS, under and by virtue of Resolution No.
it
947 of the City of Azusa, approved Januzry 19th, 1927, and Res-
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olution No. 1037 of the City of Azusa approved September 26,
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1927, there will be duo to Thomas A. Berkebile certain moneys,
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provided any part or the whole of Thirty Thousand (130,000100)
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Dollars shall be paid to the City of Azusa by the Bank of Aneri-
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ca, Paramount Motors Corporation of the Pacific, F. S. Lack,
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L. W. Coffee, or others, by reason of a certain settlement rola=
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tiva to Paramount Heights, in which said parties were interested
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AND X EREAS, the said Thomas A. Berhebile, under
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his agreement ti:ith the City, is entitled to a certain percentage
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of any moneys so paid to said City if and when the same is paid;
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AND WHEREAS# the said Thomas A. Berkebile has
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assigned his contingent claim against the City to First National
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Ban:: of i;'or_terey Park;
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AND WHEREAS, said First National Bark of Monterey
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Park has requested that said City accept the Assi„ nment of said
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claim to -it;
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AP:D rHEREAS, the City of Azusa is I:;illing to ac -
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cent the said Assignment on condition_ only that it is to pay it
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if and when the same would become due and payable in the hands
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of said Thomas A. Berkebile;
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TaERF.FORy, BE IT RESOLVED, That the City of Azusa
LAW O"ICK
does accept sgid Assignment conditionally c.nd that the City is
W A TSCHARNER
HOOKS I ANDA
FIRST NATIONAL
BANK BUILDING
AZUSA. CALIFORNIA
1.
E
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I hereby certify that t:ne foregoing Resolution_
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was duly adopted by the City Council of the City of Asusa at a
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regular meeting held August 18th, 1930, by the foilo:1rir_g vote
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of the Co_Liczl, to -crit:
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Ayes:
.18 JAR
Nees: /
19 %��,nr~
Absent: .�%ri n�`'�•� �j�� 7
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Zrity uErit or t1W 0 ity o _ xusi
22 A
23 APPROVED M1 DAY OF AUGUST, 1930.
24
26 lviayor o� e y o zusa.
2e
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2.
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to be held liable thdreu_*ider only as and %.rhen moneys
shall be
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paid to it by the parties rere_nbefore mentioned in
connection
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-.1ith said agreement of the Pa.rtmiount Tract and then
the City
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shall be lia'ile only for the fifteen (15%) percent on such
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emount as is actually received:
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BE 1C FURTIM RESOLVED, that a copy of this
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Conditional Acceptance be sent to said First National Bank of
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Monterey Park and said Bank is hereby notified that
said Assigr.
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ment is accepter'., subject to all the conditions and.
restric-
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tior_s and reservations •contained. in Resolutions No.
947 and
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No. 1037, copies of which Resolutions ware attached
to said
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Assig m_ent filed with the Clerk by said Bank.
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I hereby certify that t:ne foregoing Resolution_
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was duly adopted by the City Council of the City of Asusa at a
16
regular meeting held August 18th, 1930, by the foilo:1rir_g vote
18
of the Co_Liczl, to -crit:
17
Ayes:
.18 JAR
Nees: /
19 %��,nr~
Absent: .�%ri n�`'�•� �j�� 7
20
21
Zrity uErit or t1W 0 ity o _ xusi
22 A
23 APPROVED M1 DAY OF AUGUST, 1930.
24
26 lviayor o� e y o zusa.
2e
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II
2.
LAW OFFICE
P. J. TSCHARNER
ROOMS AND
FIwtT NATIONAL
BANK BY ILOINO
AZUSA. CALIFORNIA
4.
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