Ordinance 1296ORDINANCE NO. 1296
An ordinance authorizing the acquisition of certain real property and authorizing the treansfer of certain city-owned real property in partial consiferation of such acquisition tilden way standard oil co property
THENCE continuing along, said
southerly line of Tilden Way and
tangent to the last said point, '!
South 76° 29' 26" West 243.35 feet
to the TRUE POINT OF BEGIN -'
NING;
and that, in consideration therefor,
the City of Alameda shall pay unto
the said Standard Oil Company of
California the sum of THIRTEEN
THOUSAND, SIXTY -FOUR and NO1-
100 ($13,064.00) DOLLARS, and shall
transfer unto the said Standard Oil
Company of California all that cer-
tain real property situate in the City
of Alameda, County of Alameda,
State of California, and more par-
ticularly described as follows:
COMMENCING at the intersec-
tion of the southeasterly line of
Pearl Street and the northwest -
erly line of Fernside Boulevard
as said lines, street and boule-
vard are described in that deed
to the City of Alameda and re-
corded February 27, 1952 in Book
6666 of Official Records, at page
523, in the Alameda County Re-
corder's office, and as also shown
on Drawing 3939, Case 51, Sheet 5
and Sheet 9, City Engineer's Files,
City of Alameda, California; said
intersection has the coordinates of
y 466,154.49 feet and x - 1,499, -
446.29 feet based on the Cali -
fornia Coordinate System, Zone
IH; as are all bearings, distances
and coordinates in this descrip-
tion;
THENCE along said northeast -
erly line of Fernside Boulevard
South 55° 36' 00" East 140.36 feet
to the intersection with the
northwesterly line of that parcel
of land described in deed to the
Standard Oil Company of Cali -
fornia and recorded March 15,
1929 in Book 2084 of Official
Records, at page 213, in the Ala -
ineda County Recorder's office,
THENCE along said northwest -
erly line of the described parcel
of land, being parallel with the
aforesaid southeasterly line of
Pearl Street, North 34° 27' 25"
East 140.00 feet to the TRUE
POINT OF BEGINNING, having
coordinates of y 466,190.62 feet
and x 1,499,641.33 feet;
THENCE North 69° 58' 57" West
122.14 feet to the southerly line
of Tilden Way, 70 feet in width,
as said way is shown on the
aforesaid drawing,
THENCE along said southerly
line of Tilden Way North 76° 29'
226 East 176.65 feet to the afore-
said northwesterly line of that
parcel of land described in the
deed to the Standard Oil Com-
pany;
THENCE along said northwest -
erly line South 34 27' 25" West
100.75 feet to the TRUE POINT
OF BEGINNING.
The acquisition and transfer set out
above shall be subject to the follow-
ing terms and conditions:
(a) That good and merchantable
title in fee simple in the real prop-
erty to be transferred to the City
Ordiii:mee No. 1296!
of Alameda ' be conveyed free and
clear of all objections, liens and en-
cumbrances; City and County taxes
to be prorated as of the date of
the consummation of this itransac-
tion*
(b) That the title to the real prop-
erty to be transferred to the City
of Alameda be evidenced by a policy
of title insurance` issued by a duly
licensed title insurance company, in-
suring title in the City of Alameda,
as provided in the preceding sub-
division.
(e) That a warrant of the City of
Alameda be drawn for the sum of
$1.3,064.00, payable to the order of
and delivered to a duly licensed title
insurance company, as escrow hold-
er for the purpose of effecting the
consummation of this transaction.
Section 2. That the sum of $13,064.00
is hereby appropriated from the
Special Gas Tax Improvement Fund
(Account 222) to discharge the obli-
gation of the City of Alameda which
arises from this transaction.
Section 3. That a sum sufficient
to pay the cost of title "insurance,
escrow fees; and other expenses at -:
tendant to this transaction, and as
approved by the City Manager, is
hereby appropriated from the Special
Gas Tax .Improvement Fund (Ac-
count 222). Each party hereto shall
pay their own respective title insur-
ance costs.
Section 4. That the Mayor of the
City of Alameda is hereby author-
ized to execute, for and on behalf
of the City of Alameda; a good and
sufficient grant deed conveying to
the Standard Oil Company of Cali-
fornia the real property described
herein, which is to be transferred
to such grantee. The City; Clerk is
hereby directed to attest to same.
Section 5. This ordinance shall be
in full force and effect from and
after the expiration of thirty (30)
days from the date of its final pas-
sage,
WILLIAM M. McCALL,
Presiding Officer of the Council.
Attest:
SHIRLEY H. TENNIER,
City Clerk.
I, the undersigned, hereby certify
that the foregoing Ordinance was
duly and regularly adopted and
passed by the Council of the City
of Alameda in regular meeting as-
sembled on the 17th day of February,
1959, by the following vote, to wit:
AYES: Councilmen Collischonn
Freeman, Petersen Schacht and
President McCall (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, 1959.
(SEAL) SHIRLEY H. TENNIER,
City Clerk of the City of
Alameda.
Publish: February 20, 1959.