HomeMy WebLinkAboutResolutions - No. 1462In the City Council,
City of Lodi,
Lodi, Cal ifornia .
RESOLUTION NO. 1462.
ASG TION 07 AN ALT
ii rm coma OLLIFORIlk DID.CTION COMELNY
FOR ASSUMPTION R! TS . CITY 07 WM 07
CAM= OBLIGILTIONS 07 SLID CCVISNY IN
IDEATION TO . BLIL OAD Tit= IN MCRA IT0
STREET IN TR CITY 07 LOIS, t*LI1ORII.
A.9, Central California Traction Company proposes to
abandon certain railway tracks in Sacramento Street, including
those tracks described in Ordinance No 55 of this City, and,
EMBUS, the said Central California Traction Canpany has
made, executed and presented to this City Council a Toms of
greemrnt wherein the City of Lodi will assume all obligations
imposed on said Eampany by said Ordinance No. 55 and amendments
thereto in return for the payment of $5,669.50 by said Company
as compensation for such assumption, and,
ENEMAS, this City Council has read said agreement and is
familiar with the contents thereof, therefore,
BE IT ICASOLUD, that the Mayor of the City cad the City
Clerk be, and they are hereby authorized, empowered and directed
to., execub. and deliver said agreement,aon the payment of the said
ORKof $5,669.50.
0
Certified to be a full, true and correct copy of Resolution
No. 1462 as adopted by the City Council of the City of Lodi
in regular meeting held April 6, 1949, all members of said
:City Council being present and voting in favor of the adopt—
ion of said resolution.
1.949
City Clerkk /