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Resolution 07407CITY OF ALAMEDA RESOLUTION NO. 7407 AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION ANT COMELETION OF UMPROVEMENTS IN COEHECTION WITH PARCEL MAP NO. 398 AND APPROVING FAITHFUL PEEFORMANCE BOND AN TO SUABIONENCY (DIVISION' OF PROPERTY NEAR THE NORTHEAST CORNER OF PARK STREET AND CLEMENT AVENUE ALAMEDA, CALIFORNIAN-DONALD R. ELDRIDGE AND BARBARA ELDRIDGE, AND_FONN F. PRICE AND BILLY 6. PRICE) WHEREAS, pursuant to Section 11-319.1 of the Alameda Municipal Code, there has been presented to this Counhil a Parcel Map, designated Parcel Map No. 398, and heretofore conditionally approved by the Planning Board, being a division of' the property located neer the northeast 0.9949 of Park Street and Clement Avenue, in the City of Alameda, by Lonaln a. Eldridge and. Barbara Eldridge, and John F. Price and Billy f. Price; and WHEREAS, said approval by the Planning Board is conhitionPd up2r the execution ty subdividers of an. agreement to construct and complete certain public. improvements on said property; and MIEREAS, said subdividers have entered. into such an agreement and have posted their bonE guaranteeing full and faithful performance of said work, all in accordance with said section; and ENEFEAS, it will be to the benefit of the Ritz to have said work performed in accordance therewith; NOW, TUFFEFORE, BE IT RESOLVEN BY TRH COUNCIL OF THE CITY OF AIRMEN-A that the agreement for the construction and completion of the improvements in the division. of pronetty located near the northeast corner of Park Street arn Clemert Avenue, desigeated as Parcel Map Do. 398, bm Donald. B. Eldridge and Barbara Eldridge, and john F. Price and j. Price, be, and the same hereby is, approven, and the Gity Manager is astbnrized and directed to execute, and tho City. Clerk to attest, said agreement on behelf of the City; and BE IL PERI:FEN RESOLVED that the bond in the sum of (A1,000.00, guaranteeing full ann faithful performante of said contract, is hereby approved as sufficient in. amount. I, the undersigned, hereby certify that the foregoing Rescistinn was duly and reffularly introduced and adopted by the Council of the City of Alameda in regular meeting assembled on the 19th day of November 1968, by the following vote, to wit: AYES: EONS. Councilmen Pore, Isaacs, La Cfnix, Jr., Levy, and President McCall, (5). None. ABSENT. DoNe. 44 WETNESS WHEREON, I have hereunto set my hand and affixed the offieRal seal of said City this 20th. day of November, 1968, SHIRLEY EENIER City Clerk of the City of Alameda IHUA L. NELSON (SEAL) DfUty I hereby certify that the foreghing is a full, true and correct copy of "City of Alameda Resolution Mo. 7407, AUTHORIZING E1ECUTION OE ACIEREMEA7 FOR CONSTRUCTION ANL COMPLETION OP 1,s *,4440. IN CONNECTION WITH PARCEL MAP NO, 398 AND APPROXINB FAITHFUL PULEGRMADUE BOND AS TO SUFFICIENCY (DIVSSION Of' PROPERTY NEAR THE NORTHEAST CORDER OE PARK STREET AHD CLEMENT AVENUE, ALAMEDA, CALIFORRSAANDONALD R. 'ELDRIDGE AND BARBARA ELDREDGE, AEU JOHN F. BRICE AND BILLY J. PRICE)," introduced and adopted by the Council on fd 19th day of NovesSe, 1968. „2") . , City )(Jerk of the hitv of AR-Al- _ famona