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RESOLUTION NO. 67-119 RESOLUTION PROVIDING FOR LIQUIDATED DAMAGES ASSESSMENT DISTRICT NO. 226 SANTA ANA, CALIFORNIA BE IT RESOLVED by the City Council of the City of Santa Ana, California, in regular session assembled, that in the event the contractor awarded the contract for the doing of the work and making the improvements in this assessment district does not complete said work and improvements within the time limit specified in the contract for the doing of said work and making said improve- ments, or within such further time as this City Council shall have authorized, then and in that event said contractor shall pay to sazd City of Santa Ana liquidated damages in the amount of $50.00 per day for each and every day's delay beyond the aforesaid time of completion of said work and improvements. BE IT FURTHER RESOLVED that the specifications for the doing of said work and making said improvement shall contain pro- visions in accordance herewith. BE IT FURTHER RESOLVED that any monies received by said city on account of such liquidated damages shall be applied as follows' 1. If received prior to confirmation of the assessment herein, such monies shall be applied as a contribution against the assessment. 2. If received after the confirmation of the assessment, such monies shall be applied in the manner provided in Section 5132.1 of the Streets and Highways Code of the State of California for the disposition of excess acquisition funds. 3. If a contribution has theretofore been mmde, or ordered by any agency, other than this city, then a refund shall be made to said contributing agency in the proportion which said contribu- tion bears to the total cost and expenses of the work. ATTEST: PASSED AND ADOPTED by the City Council of the City of Santa Ana at its regular meeting held on the 17th day of July, 1967. Clerk of the Council -1-