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HomeMy WebLinkAboutORD NO 768 AN 0ltDIi~A~OE A'~iw.',IDIltG SECTION ~ 0F EMERGENCY 0RDIRANCE NO. 730, NE%'~ SERIES, OF T~E CITY OF BA~c~.~SFIkW. D, CAL IFORNIA. BE IT ORDAINED BY THE COUNCI~ OF THE CITY OF BAKERSFI~m.D, as follows: SECTION 1. · That Section ~ of Emergency Ordinance No. 730, New Series of the. City of Bakersfield, be and the same is' hereby amended to read as follows: Section ~. If the City CouncLl grant the application for a permit, the City Manager shall issue the permit upon the filing 'by said applicant of a bond executed to the Olty of Bakersfield by applicant and a surety corporation duly authorized so to do, to be approved by the City Manager~ and no license or permit shall be granted to arAy person until a bond has been given in form as pro- vided for in this section. Said bond must be Joint and several and the penalty thereof must be Ten Thousand Dollars (~40~000.00)~ and must be com~lltioned to be paid to the said City of Bakersfield~ and any person, firm or corporatlon~ insuring them against any loss~ or damage that may' result t'o any person~ firm or corporation from any transaction involviD~ a motor vehicle by the dealer through failure to deliver a clear title to any person~ firm or corporation legally entitled thereto within ninety (90) day's after final payment has been made. Said bond shall not be void upon the first recovery but may be sued add recovered upon from time to ttme by any person aggrieved~ until the whole penalty is exhausted. in lieu of a bo~t executed by a surety corporation as afore- said~ the applicant may file a similar bond in the amoun~ of Twenty Thousand Dollars ($20,000.00), executed by the applicant and two personal sureties. Such sureties must be residents of the County Of Kern, State of California, and must own real property in said County of an assessed valuation of mint less than the penalty of the bond~ and must be worth at least the penalty of the bo~ over and above their Just debts amd liabilities, exclusive of property exempt from execution. The affidavit of each surety, setting out facts showing the qualification of the sureties As aforesaid, must accompany the bond. Such bond is subject to the approval .of the City Manager. The City Manager shall p~t issue a renewal permit to any person who now holds a permit to engage in the business of an auto- $ mobile dealer unless and until such person files the bond herein specified. I HEREBY CERTI~ that the foregoing Ordinance was passed and adopted by the Council of the City of Bakersfield at a regular meet- lng thereof held on the 19th day of January~ 1948~ by the following vote: AYES: CARNAKIS, CROSS. KUEHN, RYD£R,..~, VANDERLEI, VERCAMMEN City Clerk and Ex-0~Ticio Clerk of the Council of the City of Bakersfield. OVED thl.s 19th day of Janu. ary, .1948. A haut! of osting rhinan es STATE OF CALIFORNIAt County of Kern ~ ss. V. VAN RIPER, being duly sworn, deposes and says: That he is the duly appointed, acting and qu~alifled Clerk of the City of Bakersfield; .and that on ........... ..J...a..~..~..a.~..y. ......... ..?'.....O. ............ ,19.?..?..., he posted on the Bulletin Board at the City Hall, a full, true and correct copy of an ordinance passed by the Council of said City · ere~f Januar 1 at a meeting th duly held on ......... :. .......... ~.. ..... ~.. .......................... 19....4..8.., which ordinance was numbered....~./........~_. ..... .New Series, and entitled: "&N 0RDIN&NuE A~ENDING SECTION ~ OF E~.,BGENCY 0RDINAI~GE NO. 73o, NI~'; SERIES, OF THE CITY OF B~{ERSFIELD ~ CALIFORNIA." ~'.~./' ':Subsc~riJ;ed and sworn to before me this ~ ~ ' ~ 0 ' da" of Janua.r.~ ia 48 ~ - : --~--~ ..................... ~ ...................= ....... , ~ ......... '~.. ..: ~., ~ ~.' · ~ ............................................ ....~..~.= ............. ~ ......... . ".' ': ' . .~.~' No~ Public in ~d ~or ~e ~unty ~ Ke~, "'" ' Sta~ ~ ~1~.