HomeMy WebLinkAboutResolution No. 4252 RESOLUTION NO. 4252
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF DOWNEY PROVIDING FOR LIQUIDATED
DAMAGES IN THE EVENT OF CONTRACTOR DEFAULT (A.D. 113)
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. 4241 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 damages 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 14th day of June
1983.
YOR
ATTEST:
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- CIYY CLERK
I HEREBY CERTIFY that the foregoing Resolution was
duly and regularly passed by the City Council of the City of
Downey at a regular meeting thereof held on the 14th day
of June , 1983, by the following vote:
AYES: 5 COUNCILMEMBERS: Cormack, Jackman, Barb, Davila, Quinn
NOES: 0 COUNCILMEMBERS: None
ABSENT:0 COUNCILMEMBERS: None
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CITY`` CLE