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Resolution - 3473RESOLUTION INO. 3473 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DETERMINING THAT LIQUIDATED DAMAGE `HALL BEAD (A 111-66-1) • 0 THE CITY COUNCIL OF THE CITY OF WEST COVINA 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. 3472 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 50.00 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 24th day of October , 19 66 . ATTEST: CITY CLERK I HEREBY CERTIFY that the foregoing Resolution was adopted t a regular meeting of the City Council of the City of West Covina held on the 24th day of October , 19 66 , by the affirmative vote of at least four councilmen, to wit: AYES: Councilmen: Gillum, Nichols, Snyder, Gleckman, Mayor • NOES: Councilmen: None Krieger ABSENT: Councilmen: None CITY CLERK