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Resolution 08765CITY OF ALAMEDA RESOLUTION NO, 8765 AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH PARCEL MAP NO. 2159 AND APPROVING FAITHFUL PERFORMANCE BOND AS TO SUFFICIENCY (NORTHWEST CORNER OF ALAMEDA, AVENUE AND UNION STREET - WILLIAM De OLSON AND ANNE S OLSON, SUBDIVIDERS) WHEREAS, pursuant to Section 11 -319.1 of the Alameda Municipal Code, there has been presented to this Council a Parcel Map, designated Parcel Map No. 2159, and heretofore conditionally approved by the Planning Board, being a division of property at the northwest corner of Alameda Avenue and Union Street, bounded on the west by 1729 Alameda Avenue and on the north by 1307 Union Streets in the City of Alameda, by William' D. Olson and Anne S. Olson; and WHEREAS, said approval by the Planning Board is conditioned upon the execution >,by subdividers of an agreement to construct and complete certain public improvements on said property; and WHEREAS, said subdividers have entered into such an agree- ment and have posted their bond guaranteeing full and faithful per formanceof said work, all in accordance with said Section; and WHEREAS, it will be to the benefit of the City to have said work performed in accordance therewith; NOW: THEREFORE: BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ALAMEDA that the agreement for the construction and completion of the- improvemen-Ls in the division of property at the northwest corner of Alameda Avenue and Union' Street, designated as Parcel No 2159, by William D. Olson and Anne S. Olson, be, and the same hereby is approved, and the City Manager is authorized and directed to execute, and the City Clerk to attest, said agreement on behalf of the City; and BE IT FURTHER RESOLVED that the bond in the sum of $8,923, guaranteeing full and faithful performance of said agreement, is hereby approved as sufficient in amount. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly introduced and adopted by the Council of the City of Alameda in regular meeting assembled on the 2nd day of August, 1977, by the following vote, to wit: AYES: Councilmen Beckam, Diament, Sherratt, Tillman and President Corica, (5). NOES: None. ABSENT: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 3rd day of August, 1977. City Clerk of the City of Alameda