Resolution 09925CITY OF ALAMEDA RESOLUTION NO. 9925
AUTHORIZING EXECUTION OF A MODIFIED SUBDIVIDER'S
AGREEMENT RELATING TO THE SUBSTITUTION OF A MEMORANDUM
OF AGREEMENT FOR THE BONDING REQUIREMENT OF TRACT
4545 (NORTHEAST CORNER OF WILLOW STREET AND OTIS DRIVE,
OWNED BY COWAN, MITCHELL AND SCHWARTZ)
WHEREAS; on November 18, 1980, by its Resolutions No.
9418 and 9419, this Council approved the Final Map of Tract
4545, a condominium conversion of property located at Willow
Street and Otis Drive, authorized the execution of a subdivision
improvements agreement and approved bonds as to sufficiency;
and
WHEREAS, the subdivider, V. M. Rafanelli & Associates
has assigned its interests in the development permits to the
owners of the property, namely Ronald H. Cowan, Alan D. Mitchell
and Melvin H. Schwartz; and
WHEREAS, said owners desire to enter into an agreement
with the City to permit the substitution of a Memorandum of
Agreement in lieu of the bond required and now on file in the
office of the City Clerk; and
WHEREAS, The Planning Board, at its October 25, 1982
meeting, amended Condition 1 of its Resolution No 1049 to
permit the substitution of a Memorandum of Agreement in lieu
of the bond;
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE
CITY OF ALAMEDA that the City Manager and the City Clerk are
hereby authorized to execute and attest to respectively, on
behalf of the City of Alameda, an Agreement with Ronald H.
Cowan, Alan D. Mitchell and Melvin H. Schwartz which provides
for the substitution of a Memorandum of Agreement in lieu of
the bonding requirement for the improvements in Tract 4545;
and
BE IT FURTHER RESOLVED that the City Clerk shall cause
a cony of said Memorandum of Agreement to be recorded in the
County Recorder's Office and following said recording shall
release the existing performance bond.
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 16th of November, 1982,
by the following vote to wit:
AYES: Councilmen Gorman, Sherratt, Stone and President Corica - 4.
NOES: None.
ABSENT: Councilman Diam2nt - l.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
official seal of said City this 17th day of November, 1982.