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Resolution 09204CITY OF ALAMEDA RESOLUTION NO. 920( AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH SUBDIVISION TRACT 4290 AND APPROVING FAITHFUL PERFORMANCE BOND AS TO SUFFICIENCY WHEREAS, pursuant to Article 1, Chapter 3, Title XI of the Alameda Municipal Code, Harbor Bay Isle Associates, a partnership, subdivider herein, has prepared and presented to this Council the Final Map of the subdivision known as Tract 4290; and WHEREAS, said Subdivider has entered into an agreement to construct and complete the improvements in said subdivision, has filed the Final Map thereof for approval at this time, and has posted its bonds guaranteeing future improvements of Harbor Bay Parkway and full and faithful performance of all improve- ments, all in accordance with the provisions of said Articles and WHEREAS, it will be to the advantage and benefit of the V City to have said work performed in accordance with said v 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 execute and attest to, respectively, said agreement on behalf of the City of Alameda. BE IT FURTHER RESOLVED that the bond in the amount of $210,000, guaranteeing future improvement of Harbor Bay Parkway, and the bond in the amount of $675,000, 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 introduced and adopted by the Council of the City of Alameda in regular meeting assembled on the 18th day of December, 1979, by the following vote, to wit: AYES: e Councilmen Diament, Sherratt, Stone, Tillman, and President Corica; (5) NOES: None ABSENT: None IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 19th day of December, 1979. City Cler of h o City o ' l ameda