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Resolution 09047CITY OF ALAMEDA RESOLUTION NO. 9047 AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH PARCEL MAP NO 2865 AND APPROVING FAITHFUL PERFORMANCE BOND AS TO SUFFICIENCY (1402 SHERMAN STREET - EMILY D. SILVA AND ELIZABETH M. WHITE, 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. 2865, and heretofoxe conditionally approved by the Planning Board, being a subdivision of Lots 38, 39 and 40, Block 20, Map known as the Homestead of Mary A. Fitch, filed April 21, 1874, Map Book 19, Page 1, Alameda County Records, known as 1402 Sherman Street in Inc City of Alameda, by Emily D. Silva and Elizabeth M. White; and WHEREAS, said approval by the Planning Board is conditioned upon the subdividers constructing and completing certain public improvements on said property; and WHEREAS, said subdividers have entered into an agreement and have posted their bond guaranteeing full and faithful performance of 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 improvements in the subdivision of property at 1402 Sherman Street, designated as Parcel Map No. 2865, by Emily D. Silva and Elizabeth M. White, be and the same hereby is approved and the City Manager is authorized and directed to execute, and the City Clerk Lo attest, said agreement on behalf of the City; and BE IT FURTHER RESOLVED that the bond in the sum of 15,100.00, 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 6th day of February, 1979, 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 7th day of February, 1979. City Clerk of the City of Alameda