Resolution 09259CITY OF ALAMEDA RESOLUTION NO. 9259
AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION
AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH
SUBDIVISION TRACT 3843 AND APPROVING BONDS AS TO
SUFFICIENCY (VINTAGE PROPERTIES ALAMEDA CORPORATION -
SUBDIVIDER)
WHEREAS, pursuant to Article 1, Chapter 3, Title XI of
the Alameda Municipal Code, Alameda Home Builders, a California
Limited Partnership, by Vintage Properties Alameda Corporation,
a California corporation, a General Partner, subdivider herein,
has prepared and presented to this Council the Final Map of he
subdivision known as Tract 3843; and
WHEREAS, said Subdivider has entered into an agreement
to construct and complete the improvements in said subdivision,
has filed the Final Map thereof for approval at this time, and
has posted its bonds guaranteeing full and faithful performance
of said work, all in accordance with the provisions of said
Article; and
WHEREAS, it will be to the advantage and benefit of the
City to have said work performed in accordance with said agree-
ment.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY
OF ALAMEDA that the agreement for construction and completion
of the public improvements in said subdivision, and all its
terms and conditions 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 bonds in the sums of
$2,830,000, guaranteeing full and faithful performance of the
subdivider's said public improvements construction contract, are
hereby approved as sufficient in amount.
I, the undersigned, hereby certify that the foregoing
Resolution was duly and regularly adopted and passed by the
Council of the City of Alameda in regular meeting assembled on
the 18th day of March, 1980, by the following vote, to wit:
AYES: Councilmen Diament, Sherratt, Stone,
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 19th day of March,
198Q.