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' xESozUTZON No. 462 <br />lBy Mrs. Brotm <br />; <br />A RESOZUTTaN AUTHQRIZTNG M SUBS^1STUTTON OF A <br />BOND,IN-M. AMOUNT, OF $5000,.00 FOR. T?IE. PHESENT,. <br />. . . <br />.?BQND . GNEN T0 COVER ..THC TMF +{ TS OF THE , <br />STREETS. TN EASTGATE ESTATES SUBDTVTSTON .,No,. , 1 <br />OF NIUi'?TI.PZE TNULSTMENTS,. INC . <br />: _.-,.._, ..,.,.... . <br />BE TT RESOLVEi3 BY TFIE CEIiJNCTL OF THE,` VTLZgGE QF MA a.? "?, CUYAHOGA <br />COUNTY 6HIQ, _ _THAT;. <br />Sec.1. Inasmuch as it appears that the owners of the parcels of <br />land con?tai"?ned.in Eastgate Estates Subdivi.sion No. 1 of Multiple <br />Inves-tments, Tncm have completed the underground improvements, the <br />temporary pagement and.the per.manent pavement on propoged Eastgate <br />Drive and Mleadowood Drive in said subdivision, which streets, however, <br />cannot be acceptbd for dedication by the Village of Mayfield under its <br />ordinances until June 1g 1960, and inasmuch as the surety bond in the <br />approximate amount of $94'000.00 h3.therto filed wi.th the g3.11age by° <br />the ar,mex of said srxbdivision £ox° the a.nstal7.at.ion of aumprovements <br />a.s no 3oinger requ.ired for. the protect3.on o£ the Village' and anamnuah <br />as the Vi3.lage Exagineer has certi.fied that a bond in the amount of <br />$5j,000.00 is sufficient to protect the Vi1].age aga3.nst any defects <br />w1li.ch may appear in t,he pex°ananent pavament before d-MIP, lstj, 1960? tlze <br />Clerk of the Va.ylage of May.fi.eld .is autIi.orized to aacept a surety <br />bond or cash band "i.n the amount of $5'000.00 in place of said bond <br />in the amount'_of $949000.00, Upon the .fil3ng of said bond in the <br />amoun•t oi $59000.00p amd ?.ts appro?ra?. bf ths So?.;i.cxtar, saa?d bor?d <br />in ?the amount of $9W.?000#00 sha11 be cancelled, <br />Sec. 2: This ResoZuta.on is hereby dec3axeed to be an emergency <br />measure.,?neeessary fQr the aamnediate pxeservatioax of the publa.c peaeep <br />hea3tha safety and w??7.fare ?f the Vi17.age of Mayfie7.d and i-Gs inhabi.tants' <br />and sha1l be in. force arid effect from a.nd a:£tex° the dat° of a.ts adoption. <br />.Adop-ted this 21st day of September9 1959v <br />, _ . .?L ,... ???? . . . <br />' Mayo.r - esid???; c?£ Cvunc?. <br />Attest: <br />. ? , .. ,... .....;_.,.,:-? -, _.., : . ._ ?: <br />SLAL C