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Resolution 07871f3 1 1 CITY OF ALAMEDA RESOLUTION NO. 7871 AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH PARCEL MAP NO. 761 AND APPROVING CASH DEPOSIT AS TO SUFFICIENCY IN LIEU OF SURETY PERFORMANCE BOND (DIVISION OF PARCEL 1 OF PARCEL MAP NO. 567, - SOUTH SHORE CENTER, INC.) WHEREAS, pursuant to Section 11-319.1 of the Alameda Municipal Code, there has been presented to this Council a Parcel Map, designated Parcel Map No. 761, and heretofore conditionally approved by the Planning Board, being a division of Parcel 1 of Parcel Map No. 567 (Parcel A being on the northeast corner of Willow Street and Shore Line Drive and Parcel 13 extending generally to Otis Drive and Park Street), is the City of Alameda, by South Shore Center, Inc., e Nevada corporation; and WHEREAS, said approval by the Planning Board is conditioned upon the execution by subdivider of an agreement to construct and complete certain public improvements on said property; and WHEREAS, said subdivider has entered into such agreement and has posted and deposited in lieu of a surety performance bond a cash bond in the sum of $1,200.00 guaranteeing full and faithful performance of said work, all in accordance with said section; and WHEREAS, it will be to the benefit of the City to have said work performed in accordance therewith; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ALAMEDA that the agreement for the construction and completion of the improvements in the division of Parcel 1 of Parcel Map No. 567, designated as Parcel Map No. 761, by South Shore Center, Inc., be, and the same hereby is, approved, and the City Manager is authorized and directed to execute, and the City Clerk to attest, said agreement on behalf of the City; and BE IT FURTHER RESOLVED that said cash bond, in lieu of a performance bond, is hereby approved as sufficient in amount. * * * * * * * * * * I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly introduced and adopted by the Council of the City of Alameda in regular meeting assembled an the 21st day of December, 1971, by the following vote, to wit: AYES: Councilmen Fore, Levy, Longaker, McCall and President Le Croix, Jr., (5). NOES: None. ABSENT: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 22nd day cf December, 1971. (SEAL) IRMA L. NELSON City Clerk of the City of Alameda * * * * * * * * * * I hereby certify that the foregoing is a full, true and correct copy of "City of Alameda Resolution No. 7871, AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH PARCEL MAP NO. 761 AND APPROVING CASH DEPOSIT AS TO SUFFICIENCY IN LIEU OF SURETY PERFORMANCE BOND (DIVISION OF PARCEL 1 OF PARCEL MAP NO. 567, - SOUTH SHORE CENTER, INC.)," introduced and adopted by the Council of the City of Alameda on the 21st day of December, 1971. City Clerk of the City of Alameda