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259 ' <br /> "THIS AGREEMENT made this day of 1937 , by and <br /> between the City of Redwood City , a municipal corporation of the State of <br /> California ( hereinafter called the " City" ) , party of the first part , and Stone <br /> & Youngberg , a partnership (hereinafter called the "Partnership" ) , party of <br /> the second part , and District Reorganization Service Co. , a California cor- <br /> poration ( hereinafter called the " Corporation" ) , party of the third part , <br /> W I T N E S S E T H : <br /> WHEREAS , the parties heretofore made and entered into an agreement as <br /> of the 14th day of December , 1936 ; and <br /> WHEREAS , it is desirable to modify said agreement , <br /> NOW, THEREFORE , IT IS HEREBY MUTUALLY AGREED by and between the parties <br /> hereto as follows : <br /> 1 . - That paragraph 2 of said agreement is hereby amended to read as <br /> follows : <br /> ' 2 . The City agrees to pay to the Partnership from the <br /> General Fund of the City of Redwood City , as payment in <br /> full for services rendered by said Partnership in con- <br /> nection with the First Plan of Refinancing , the sum of <br /> eleven thousand (11 , 000) dollars , whereof $5 ,000 has <br /> heretofore been paid to the Partnership ( the receipt <br /> whereof is hereby acknowledged) , and the balance , to-wit <br /> the sum of $6 , 000 shall be payable forthwith. ° <br /> 2, - In all other respects said agreement of December 14+ , 1936 is hereby <br /> ratified , confirmed and approved. <br /> IN WITNESS WHEREOF, the parties hereto have cause these presents to be <br /> executed as of the day and date first above written. <br /> CITY OF REDWOOD CITY <br /> By _ <br /> Mayor of the City of Redwood City <br /> By <br /> Acting City Manager <br /> STONE & YOUNGBERG <br /> By__ _ <br /> DISTRICT REORGANIZATION SERVICE CO . <br /> By <br /> Approved the day of January , 1937, <br /> City Attorney of Redwood City . " <br /> BE IT FURTHER RESOLVED that the proper officers of the City of Redwood City <br /> be , and they are hereby , authorized and directed to execute and deliver an amendatory <br /> agreement in substantially the form hereinabove set forth. <br /> BE IT FURTHER RESOLVED that the Treasurer of the City of Redwood City be , and <br /> he is hereby , authorized and directed to pay to Stone & Youngberg the sum of six thousand <br /> ( 6 ,000) dollars from the General Fund of the City of Redwood City. <br /> Following the adoption of the resolution , a letter was presented from Stone & Youngberg indi- <br /> cating the willingness of that firm to cancel the award to them of the $350 ,000 bond <br /> issue and requesting the return of their check in the sum of $1 , 000 . The letter was <br /> ordered filed , after which Councilman Eva , seconded by Councilman Christensen , proposed <br /> the adoption of the following resolution cancelling the sale of the $350 ,000 principal <br /> amount of General Improvement Fund Bonds of 1937 to Stone & Youngberg , and upon roll call , <br /> the resolution was unanimously adopted. <br />