Resolution 10964CITY OF ALAMEDA RESOLUTION NO. 10964
AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION
AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH
SUBDIVISION 5527 AND APPROVING BONDS AS TO SUFFICIENCY
(PULTE HOME CORPORATION, SUBDIVIDER)
WHEREAS, pursuant to Article 1, Chapter 3, Title XI of
the Alameda Municipal Code, Pulte Home Corporation, a Michigan
corporation, subdivider herein, has prepared and presented to
this Council the Final Map of the Subdivision known as Tract
5527; and
WHEREAS, subdivider has entered into an agreement to
construct and complete the improvements in said subdivision, has
filed the final Map therefor 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
2 vsl' execute and attest to, respectively, said agreement on behalf of
the City of Alameda.
BE IT FURTHER RESOLVED that the bonds in the total sum of
$640,000, 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 15th of July, 1986,
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 16th day of July, 1986.