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the same to the City for cancellation, and directs l%r. Hal Rager <br />of the Finance Department to draw a check upon the City naming the <br />Security First National Bank as payee for said amount and to <br />deliver the same to said Bank. <br /> <br /> BE IT FUR'I~ER RESOLVED: ~nat this payment is made in full <br />reliance upon the obligation ~ said Bank expressed in its letter <br />dated November 30, 1960, wherein said Bank binds itself, irrespec- <br />tively of any Statute of Limitations, to hold and save the City, <br />its officers and employees free and harmless from any liability, <br />loss, cost or damage by reason of such payment as detailed in said <br />letter of obligation and undertaking and in the further consider- <br />ation of the Lost Instrument Bond of the Pacific Indemnity Company, <br />b~ng Bond No. 240427, filed with the City for the same purpose. <br /> <br /> PASSED AND ADOPTED by the City Council of the City of Santa <br /> <br />Aha at its regular meeting held on the 5th day of December , 1960__. <br /> <br />ATTEST: <br /> <br />~.k~ OF 'TI~ ~OUNCIL <br /> <br />STATE OF CALIFORNIA) <br />COUNTY OF ORANGE ) <br />CITY OF SANTA ANA ) <br /> <br />SS <br /> <br />I, ~.~RION SUTTNER, do hereby certify that I <br /> <br />am the Clerk of <br /> <br />the Council of the City of Santa Ana; that the foregoing Resolution <br />was regularly introduced to said Council at its regular meeting held <br />on the 5th day of December , 196°, and was at said meeting <br />regularly passed and adopted by the following vote, to-wit: <br /> <br /> AYES, COUNCIIA~EN: Royal E. Hubbard, Bob Brewer, A. A. <br /> NOES, COUNCILMEN: None <br /> ABSENT, COUNCILMEN: Stanley C. Gou~d, Jr., Dale H~. H~inly <br /> <br /> dLS~R~ OF T~E COUNCIL <br /> <br />-2- <br /> <br /> <br />