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Resolution 09482CITY OP ALAMEDA RESOLUTION NO. AUTHORIZING EXECUTION OF AGREEMENT FOR CONSTRUCTION AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH PARCEL MAP 3392 AND APPROVING FAITHFUL PERFORMANCE BOND AS TO SUFFICIENCY (1117 PEARL STREET - ROY Sib AND FRANCES J. LINES, SUBDIVIDERS) S 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 3392, and heretofore conditionally approved by the Planning Board, being a subdivision of property located at 1117 Pearl Street in the City of Alameda, by Roy H. Lines and Frances J. Lines; and WHEREAS, said approval by the Planning Board is conditioned upon the subdividers constructing and completing certain public improvements on said property and WHEREAS, said subdividers have entered into an agreement and have posted their bond guaranteeing full and faithful perforriiance of said work, all in accordance with said section; and EREAS armed 111 be to the benefit of the City to have said ccordance therewith, NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL 0 THE CITY OF ALAMEDA that the agreement for the construction and completion of the improvements in the subdivision of property at 1117 Pearl Street, designated as Parcel Map 3392, by Roy H. Lines and Frances J. Lines, 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 the bond in the sum of $14,300, guaranteeing full and faithful performance of said agr se- men t, is 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 17th of February, 1931, by the following vote, to wit: AYES: Councilmen Diament, Sherratt, Stone, Tillman, and President Cor ica - 5. NOES: None ABSENT: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 18th day of February, 1981. City lerk of t e ty of Alameda