Loading...
R 86/?eso~vfon /~0• ~~ RE30LUTION APPROQING BOND OF PACIFIC GAS AND ELECTRIC COMPANY ESECUTBD IN CONSIDERATION OF THE ~ ~~~ GR1NT BY THE CITY OF ARROYO GRANDE , OF THE FRAN- CHISE TO USE THE STREETS OF SAID FOR THE TRANSMISSION APID DISTRIBUTION OF EL TRICITY FOR ALL PURPOSES OTHER THAN THOSE AUTHORIZED UNDER SECTION 19i0F ARTICLE %I OF THE CONSTITUTION OF THE~STATE OF CALIFORNIA AS SAID SECTION ESISTED PRIOR TO'ITS AMENDMENT ON OCTOBER 10, 1911. oa the f day '7/" RR' 19 ~9, the City Council of the City of Arroyo Grande passed its ordinance granting to Pacifio Gas and Electric Company a Califor- nia corporation, the franchise to use the public streets, ways and places of said pity for the transmission and distribution of electricity for sIl purposes other than those authorized under Section 19 of Article XI of the Constitution of the State of California as said section eaisted prior to its amendment on October 10 1911, upon the terms and conditions as net forth in said ordinance; and 1'~HEREAS said Paoific Gas and Electric Company pursuant to the Franchise Act of 1837 has duly executed and filed with this Counoil a bond in the penal sum of one thousand dollars ( ~1, 000.00} , bearing date the ~ f ~ day of ~'•'~ l9 39, and conditioned as prescribed by law; and WHEREAS upon due investigation and consideration, it appears to the satisfaction of this council that said bond is in proper form and that said bond has been duly executed by said PaoiPic Gas and Electric Company sad by two good and sufficient sureties; PLOW, THEREFORE, HE IT RESOLVED by the City Council of the City of Arroyo Grande that said bond be, and it is hereby, accepted and approved. PASSED on the / 9'-"d`~day of 19 ~' 9, by the following vote: ~ tiD e ' AYES: Councilmen ~:Bun.2cQ, ..~y~t.d,.l, ~~c. ~ NOES: Councilmen ABSENT: Gouncilmen ~,u,~.Q Attest: