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Resolution 09027CITY OF ALAMEDA RESOLUTION NO. 9077 AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH PARCEL MAP 2602 AND APPROVING FAITHFUL PERFORMANCE BOND AS TO SUFFICIENCY (DIVISION OF LOT 4, BLOCK 1 OF TRACT 3713 - HARBOR BAY ISLE ASSOCIATES, SUBDIVIDER) 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. 2602, and heretofore conditionally approved by the Planning Board, being a division of Lot 4, Block 1 of Tract 3713, said property being, located easterly of Baywood Village, souther7y of the lagoon, northerly of the future park site and westerly of Harbor Bay Landing Shopping Center, in the City of Alameda, by Harbor Bay Isle Associates, and WHEREAS, said approval by the Planning Board is conditioned upon the execution by subdivider of an agreement to construct and complete certain public improvements on said property, and WHEREAS; said subdivider has entered into such an agreement. and has posted its bonds guaranteeing full and faithful performance of said work, all in accordance with said section; and HEREAS; 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 improvements in the division of Lot 4, Block 1 of Tract 3713, designated as Parcel Map Noe 2602, by Harbor Bay Isle Associates, be and the same hereby is approved and the City Manager is authorized and directed to execute, and the Cite Clerk to attest, said agreement on behalf of the City; and BE IT FURTHER RESOLVED that the bond in the sum of $180,000, guaranteeing full and faithful performance of said agree- merit, is hereby approved as sufficient in amount. � I, the undersigned, hereby certify that the foregoing Resolution �a3 duly and regularly introduced and adopted bv the Council of the City of Alameda. in regular meeting assembled on the 19th day of December, 1978, by the following vote, to wit: AYES: NOES: ABSENT: Councilmen Beckam, Di30eUt, Sherratt, Tillman, and President Corica, (5). None. None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 20th day of December, 1978. DeputY City Clerk of ty of Alameda