Loading...
HomeMy WebLinkAboutRES 26 AAA.2 6 444 A RES OLUTION WHEREAS, A. M. Phelan, a landowner in the City of Beaumont, and the City of Beaumont are mutually interested in extending Laurel Avenue into East Caldwood Drive; and, WHEREAS, the City Council is of the opinion that said extension is in the best interest of the citizens of the City of Beaumont; and, WHEREAS, A. M. Phelan has agreed to place in escrow Eleven Thousand Two Hundred Twenty Nine ($11,229.00) Dollars as his anticipated participation in said extension, and the City of Beaumont shall allocate Seven Thousand Eight Hundred Seventy Five ($7,875.00) Dollars as its estimated participation in the said extension; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: That.the City Manager be, and he is hereby, authorized to execute on the behalf of the City of Beaumont an agreement with'A. M. Phelan for participation in the extension of Laurel Avenue into East Caldwood Drive, and providing therein that the City shall allocate Seven Thousand Eight Hundred Seventy Five ($7,875.00) Dollars as its estimated participation, and providing therein that A. M. Phelan shall place in escrow Eleven Thousand Two Hundred Twenty Nine ($11,229.00) Dollars as his estimated participation in said extension; and the City Clerk is hereby authorized to affix the seal of the City of Beaumont thereto. PASSED by the City Council this /67t, day of A, i-? rE 1971.