Resolution 10292CITY OF ALAMEDA RESOLUTION NO. 10292
AUTHOR]ZING EXECUTION OF AGREEMENT FOR CONSTRUCTION
AND COMPLETION OF IMPROVEMENTS IN CONNECTION WITH
SUBDIVISION TRACT 4402 AND APPROVING BONDS AS TO
SUFFICIENCY (A RESIDENTIAL SUBDIVISION PROJECT AT
BRIDGEWAY ROAD AND AUGHINBAUGH WAY, FRANCISCAN
FINANCIAL CORPORATION, SUBDIVIDER)
WHEREAS; pursuant to Article 1, Chapter 3, Title XI of the
Alameda Municipal Code, Franciscan Financial Corporation, a Cali-
fornia corporation, owner and subdivider herein, has prepared and
presented to this Council the Final Map of the subdivision known
as Tract 4402; 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 full and faithful performance 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 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 bonds in the sums of
$2,167,000, 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 adopted and passed by the Council of the
City of Alameda in regular meeting assembled on the 17th of April, 1984,
by the following vote to wit:
AYES: Councilmembers Gorman, Hanna, Lucas, Monsef and President Diament - 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 April, 1984.
City Clerk of the City