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Resolution 09249CITY OF ALAMEDA RESOLUTION NO. 9249 AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH SUBDIVISION TRACT 4288 AND APPROVING BONDS 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 4288; and WHEREAS, said Subdivider has entered to construct and complete the improvements in sa has filed the Final map thereof for approval at has posted its bonds guaranteeing the developmen Parkway and the related storm drain outfall and ful' performance of all improvements, all in acco provisions of said Article; and an agreement d subdivision, is time, and of Harbor Bay ull and faith - dance with the 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 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 $359,000, guaranteeing development of Harbor Bay Parkway and the related storm drain outfall, and the bond in the amount of $370,000, guaranteeing full and faithful performance of the sub - divider'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 day of March, 1980, by the following vote, to wit: AYES: 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 5th day of March, 1980. City Clerk of the C:'' ty of 1 ameda