Resolution 09669CITY OF ALAMEDA RESOLUTION NO. 9669
AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION
AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH
SUBDIVISION TRACT 4136 AND APPROVING BONDS AS TO
SUFFICIENCY (PONDEROSA HOMES, SUBDIVIDER)
WHEREAS, pursuant to Article 1, Chapter 3, Title XI of
the Alameda Municipal Code, Ponderosa Homes, a General Partnership,
owner and subdivider herein, and Ronald H. Cowan, owner, have
prepared and presented to this Council the Final Map of the subdivi-
sion known as Tract 4136; and
WHEREAS, subdivider has entered into an agreement to con-
struct 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 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.
DE IT FURTHER RESOLVED that the bonds in the sums of
$585,000, guaranteeing full and faithful performance of the sub -
divider'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 19th of January, 1982, by the following vote, to wit:
AYES: Councilmen Diament, Gorman, Sherratt, Stone, 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 20th day of January, 1982.