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HomeMy WebLinkAboutRES NO 37-39E]v~RGEk~CY RESOLUTION NO. 37-39 AN ELDgRG'ZZkCY Fd~SOLUTI011 CANCELLING BOZ(D i70. R-792c~ AZD Z01.1D iqO. 194597 GI'~Ei¢ BY THE BAi'~:RS~.~iZ.:LD & i~Ri'Y ELECTRIC F~iLVjAY C0iviPAi:UY, AS PRI!VCIPAL, A~YD i('ATiOZ~AL SURETY CORFORATION, AS SL~_.iETZ. V~.REAS, the immediate preservation of the public peace, property, safety and welfare of the inhabitants of the City of Bakersfield require the passage of an emergency resolution providing for the ifm~ediate cancellation of Bond No. R-7929 and Bond No. 194597, given by the Bakersfield and Kern. Electric Railway Company, as princi- pal, and National Surety Corporation as surety, NOU, THLT~EFORE, BE IT R~0LVED BY TKE COUNCIL OF TKE CITY OF ZAIGERSFIELD, as follows: That Bond ii!o. R-7929, dated August 22, 1923, given by the Bakersfield and Kern Electric Railway Company, as principal, and National Surety Comupany, as surety, and Bond i~Vo. 194597, dated June 24, 1938, given by the Bakers field and Kern Electric Railway Company, as principal, and National Surety Corporation, as surety, each in the principal sun of five thousand dollars (~)5000.00), be and the sane are hereby cancelled, annulled, and released as to any and all obligations occurrinG subsequent to June 26, 1939; AND BE IT FURTi~E"R RESOLVED that the Clerk of the City of Bakers field send a certified copy of this resolution to the Bakers- field and Kern Electric Railway Company and also to the National Surety Corporation. This resolution shall take effect from and after its passable and approval. o0o I IiEREBY CERTIFY that the foregoin~ Emergency Resolution was passed an~d adopted by the Council of the City of Bakersfield at a regular meeting thereof held on the%~;~day of Jm~e, 1989, by the following vote: AYES= BODEN, MRRMROUKE, McM'[LLP, N, PRULY, SIVtlTI'~, SOLLER5, WZLSOH NOES: _~ ................ ~ ....................................... RB,~ENT:_~ .................................. ~ .................... o Clerk of the Coun, cil of the City of Bakersfield. ~Pi] E~ b me this , ~ of June A ~ 0 V y __~_~C..a ~ , i;L&YOR of the City of Bakersflsld. 1939.