Resolution 09893CITY OF ALAMEDA RESOLUTION NO. 9393
AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION
AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH
SUBDIVISION TRACT 5049 AND APPROVING BONDS AS TO
SUFFICIENCY (716 CENTRAL AVENUE - SHUWA INVESTMENTS
CORPORATION, SUBDIVIDER)
WHEREAS, pursuant to Article 1, Chapter 3, Title XI of
the Alameda Municipal Code, Shuwa Investments Corporation, a
California corporation, owner and subdivider herein, has prepared
and presented to this Council the Final Map of the Subdivision
known as Tract 5049; and
WI-IEREAS, 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
WIIEREAS, 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
$694,000, 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 21st of September, 1982, by the following
vote to wit:
AYES: Councilmen Diament, Sherratt, and President Corica -
NOES: Councilmen Gorman and Stone - 2.
ABSENT: None.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official
seal of said City this 22nd day of September, 1982.