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Resolution 09136CITY OF ALAMEDA RESOLUTION NO. 916 AUTHORIZING EXECUTION OF AGREEMENT WITH BAY HARBOR VENTURE FOR CONSTRUCTION OF PUBLIC IMPROVEMENTS IN HARBOR BAY PARKWAY AND APPROVING BONDS AS TO SUFFICIENCY; AND AUTHORIZING EXECUTION OF AMENDMENT TO AGREEMENT WITH HARBOR BAY ISLE ASSOCIATES TO TERMINATE ITS RESPONSIBILITY FOR SAID PUBLIC IMPROVEMENTS WHEREAS, Harbor Bay Isle Associates, a partnership, pre- sented to the Council of the City of Alameda for approval. a Final Map of subdivision Tract 3842 and on June 19; 1979, by its Resolu- tion No 9099, said Council approved said Final Map, authorized execution of an agreement for construction and completion of public improvements in said subdivision, approved faithful per - formance and labor and material bonds as sufficient in amount and accepted certain public easements and access rights dedicated and granted to the public and to the City of Alameda; and WHEREAS, Harbor Bay Isle Associates subsequently sold certain lands adjacent to Tract 3842 to Bay Harbor Venture, a California General Partnership comprised of Jules Duc Construc- tion Company, Inc., a California corporation, and Franciscan Financial Corporation, for development; and WHEREAS,, Bay Harbor Venture has accepted responsa.bility for and agrees to construct and bond Harbor Bay Parkway, as set north in the Final Map and 'Improvements Plans for Tract 3842; and WHEREAS,_ Harbor ,Bay _Isle 'Associates desires to amend the original Subdivision Agreement and Bay Harbor Venture desires to enter into an agreementwith the City specifying the nature and extent of the Public Improvements and the period within which it will complete construction of the public improvements; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ALAMEDA that an agreement with Bay Harbor Venture for construc- tion and completion of Harbor Bay Parkway, and all the terms and conditions therein, be and hereby is 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. BE IT FURTHER RESOLVED that the City Manager and the City Clerk are authorized and directed to execute and attest to, respectively, an amendment to that certain Subdivision Agreement dated June 20, 1979,` between the City and Harbor Bay Isle Associ- ates which terminates its responsibility for the construction of Harbor Bay Parkway; BE IT FURTHER RESOLVED that the bonds of Bay Harbor Ven in the sum of $201,000 guaranteeing the improvements in Harbor Bay Parkway are hereby approved as sufficient in amount. ure r, the undersigned, hereby 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 7th day of AUgUSt, 1979, by the following vote, to wit: AYES: Councilmen Diament, Stone, Tillman, and President Corica, (4). NOES: None. ABSTAINING: Councilman Sherratt, (1). ABSENT: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the OffiCial seal of said City this 8th day of August, 1979,' Acting/City Alameda