Resolution 10626CITY OF ALAMEDA RESOLUTION NO. 10626
AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION
AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH
SUBDIVISION 5347 AND APPROVING BONDS AS TO SUFFICIENCY
(THE ALAMEDA ASSOCIATES, SUBDIVIDER)
WHEREAS, pursuant to Article 1, Chapter 3, Title XI of
the Alameda Municipal Code, The Alameda Associates, a Limited
Partnership, consisting of A-M Company, a limited partnership,
and Araujo, Muench & Company, Inc., a California corporation,
owner and subdivider herein, has prepared and presented to this
Council the Final Map of the subdivision known as Tract 5347;
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.
BE IT FURTHER RESOLVED that the bonds in the sum of
$418,000.00, guaranteeing full and faithful performance of the
subdivider'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 4th of June, 1985,
by the following vote to wit:
AYES: Councilmembers Corica, Hanna, Lucas, Monsef and President Diament - 5.
NOES: None.
ABSENT: None.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
official seal of said City this 5th day of June, 1985.