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Resolution 09419CITY OF ALAMEDA RESOLUTION NO. 9419 AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH SUBDIVISION TRACT 4545 AND APPROVING BONDS AS TO SUFFICIENCY ( A CONDOMINIUM CONVERSION - DRIFTWOOD TERRACE - RONALD H. COWAN, ALAN D. MITCHELL AND MELVIN H. SCHWARTZ, OWNERS) WHEREAS, pursuant to Article 1, Chapter 3 Title NZ of the Alameda Municipal Code, Ronald; H. Cowan, Alan D. Mitchell and Melvin I. Schwartz, owners, and V. M. Rafanella.: & Associates, Inc., subdivider, >have prepared and presented to this Council the Final Map of the subdivision' known as Tract 4545, and WHEREAS, owners have entered into an agreement to canstruc d complete the i znprovement:s in said subdivision, have filod the final Map the for approval at this time, and have posted heir bonds guaranteeing full and faithful performance of said rk, all in accordance with said Article, and City ment. AS o have be to the advantage and benE k performed in accordance with be ee- NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL 0 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 $152,150, guaranteeing full anal faithful performance of the subdividers said public improvements construction con hereby approved as sufficient zn amount. are 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 November, 1980, by the following vote, to wit: AYES: Councilmen Diament, Sherratt, Tillman and President Corica - 4. NOES: None. ABSENT: Councilman Stone - 1. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 19th day of November, 1980. City Clerk o the Cjfty of .' eda