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Resolution 09338CITY OF ALAMEDA RESOLUTION NO. 9338 AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH SUBDIVISION TRACT 4206 AND APPROVING BONDS AS TO SUFFICIENCY WHEREAS, pursuant to Article 1, Chapter 3, Title XI of the Alameda Municipal Code, Shuwa- Investments Corporation, a California corporation, owner and subdivider herein, has prepa ed and presented to this Council the Final Map of the subdivision known as Tract 4206; and WHEREAS, said subdivider has entered into an agrr construct and complete the improvements in said subdiv ha filed the Final Map thereof for approval at this time has posted its bonds guaranteeing full and faithful perfo 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 agree - ment. NOW THEREFORE, BE IT RESOLVED BY Ti-IE 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 o, respectively, said agreement on behalf of the City of Alameda. BE IT FURTHER RESOLVED that he bonds in the sums of S ,010 000, guaranteeing full and faithful performance of the subdivi,.der'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 15th day of July, 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 16th day of July, 1980.