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HomeMy WebLinkAboutResolution No. 1881 283 RESOLUTION NO. ;` I / A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY DETERMINING THAT LIQUIDATED DAMAGES SHALL BE PAID (AD #4) 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. as changed does not complete the work within 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 dam- ages 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 13th day of March, 1967. 4 2 ft ) ,t7-„,6 ATTEST: Ciiy Clerk I HEREBY CERTIFY that the foregoing resolution was adopted at a regular meeting of the City Council of the City of Downey held on the 13th day of March, 1967, by the affirmative vote of at least councilmen, to wit: AYES : Councilmen , r ti NOES: Councilmen ABSENT: Councilmen City Cl r k