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Resolution 09531CITY OF ALAMEDA RESOLUTION NO AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH SUBDIVISION TRACT 4772 AND APPROVING BONDS AS TO SUFFICIENCY (HOLLY STREET AND BRITHORN LANE, WESTERN TITLE INSURANCE COMPANY; OWNER) 9531 WHEREAS, Pursuant to Article 1, Chapter 3, Title XI of the Alameda .Municipal Code, Western Title Insurance Company, owner herein, and Bruco Corporation, subdivider, have prepared and presented to this Council the Final Map of the subdivision known as Tract 4772; 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 said Article; and WHEREAS, it will be to the advantage and benefit of the City to have said work performed 'in accordance with said agreement. 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 FUR`HER RESOLVED that he bonds in the sums $122,,576.00, guaranteeing full and faithful performance of the subdivider's said public improvements construction contrac hereby approved as sufficient in amou 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 5th of May, 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 6th day of May, 1981. City Clerk of the Cit