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Resolution 09459CITY OF ALAMEDA RESOLUTION NO, 9459 AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH SUBDIVISION TRACT 4361 AND APPROVING BONDS AS TO SUFFICIENCY (DIVIDEND DEVELOPMENT CORPORATION) WHEREAS, pursuant to A the Alameda Municipal Code, D California corporation, owner and presented to this Council known as Tract 436:1; and ticle 1, Chapter 3, Title XI of vidend Development Corporation, a and subdivider herein, has prepared the Final Map of the subdivision WHEREAS, 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 guarantecing full and faithful performance of said work, all in accordance with 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 $733,000, guaranteeing full and faithful per subdividers , said public improvements constr Hereby approved as sufficient in amount. in the sums of ormance of the ction contract 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 6th day of January, 1981, 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 7th day of January, 1981. City Clerk of the Ci`y of lame a-