Resolution 11070CITY OF ALAMEDA RESOLUTION NO. 11070
AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION
AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH
SUBDIVISION TRACT 4495 AND APPROVING BONDS AS TO
SUFFICIENCY (DORIC DEVELOPMENT, INC., SUBDIVIDER)
WHEREAS, pursuant to Article 1, Chapter 3, Title XI of
the Alameda Municipal Code, Doric Development. Inc., a California
corporation, owner and subdivider herein, has prepared and
presented to this Council the Final Map of the Subdivision known
as Tract 4495; 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
vr 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
$2,976,000, 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 16th of December, 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 17th day of
December, 1986.
City ,glerk of the City of Alameda