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Resolution 14075CITY OF ALAIVIEDA RESOLUTION NO.14075 APPROVING FINAL MAP, AUTHORIZING EXECUTION OF SUBDIVISION IMPROVEMENT AGREEMENT AND ACCEPTING EASEMENTS FOR TRACT 7846 (626 BUENA VISTA AVENUE) WHEREAS, on August 14, 2006, the Planning Board of the City of Alameda ("City") approved the Development Plan and Design Review for Buena Vista Commons (PD06-0001 and DR06-0054); and WHEREAS, on December 11, 2006, by Resolution No. PB-06-52 the Planning Board of the City recommended approval of Tentative Map Tract 7846 (TM06-0006); and WHEREAS, pursuant to Resolution No. 14060, the City Council approved Tentative Map 7846 for eight lots on January 16, 2007; and WHEREAS, the City of Alameda, CIC and Alameda Development Corporation ("Subdivider") have entered into funding agreements to address the development of eight new ownership units affordable to very low, low and moderate income households, which is in furtherance of and consistent with the City of Alameda General Plan and the Community Improvement Plan; and WHEREAS, pursuant to Chapter 30, Article VI, Title 30-81, Final Map, of the Alameda Municipal Code ("AMC"), the Subdivider has prepared and presented to this Council the Final Map of the Subdivision known as Tract 7846; and WHEREAS, said Final Map delineates thereon for dedication to the public easements for public utilities; and WHEREAS, Subdivider desires to enter into a Subdivision Improvement Agreement ("Agreement") to construct and complete the improvements in said subdivision, and has filed the Final Map therefore for approval at this time, and has filed security guaranteeing full and faithful performance of said work which has been approved by City, all in accordance with AMC Section 30-85; and WHEREAS, it will be to the advantage and benefit of the City to have said work performed in accordance with said Agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Alameda that the Final Map of Tract 7846 be, and hereby is, approved. BE IT FURTHER RESOLVED that said easements offered for dedication to the public have been accepted on behalf of the public for use in conformity with the terms of the offers of dedication. BE IT FURTHER RESOLVED that the agreement for construction and completion of the public improvements in said subdivision pursuant to the Agreement and all its terms and conditions be, and hereby are, approved and the City Manager and the City Clerk are authorized and directed to execute and attest to, respectively, said Agreement on behalf of the City of Alameda; and BE IT FURTHER RESOLVED that the Security guaranteeing full and faithful performance of said public improvements, labor and materials are hereby approved as sufficient in amount. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda during the Regular Meeting of the City Council on the 6th day of March 2007, by the following vote to wit: AYES: NOES: ABSENT: Councilmembers deHaan, Gilmore, Matarrese, Tam and Mayor Johnson 5. None. None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 7th, day of March, 2007. Lara Weisiger, City Ci'er City of Alameda