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HomeMy WebLinkAboutResolution No. 1710 • 251A RESOLUTION NO /7/p • A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF P DETERMINING THAT LIQUIDATED DAMAGE SHA _ BE PA ID THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: SECTION 1. That in the event the contractor who is the successful bidder for doing the work described in Resolution of Intention No. 1686 as changed does not complete the work :.thin the time limits specified in the contract or within such further time,as the legislative body shall have authorized, the contractor shall.pay to the City liquidated damages in the amount of 100.00 per day. SECTION 2. A provision providing for such liquidated damages ,a, shall be inserted in the specifications for the doing of such work. SECTION 3. The City Clerk shall certify to the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this i4th day of "' 19 66 MAYOR A ST: CITY 1 , ERK I HEREBY CERTIFY that the foregoing Resolution was adopted at a i� ; meeting of the City Council of the City of held on the 1/ day of f 19 46, the affirmative vote of at least s councilmen, to wit: : � AYES. � Councilmen. NOES: Councilmen: ABSENT: Councilmen: /Dei,e4(1 0 / CITY CL D,'