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Ordinance 1364Ordinance No. 1364, New Series AN ORDINANCE AUTHORIZING THE EXCHANGE OF REAL PROP- ERTY BETWEEN THE CITY OF ALAMEDA AND SHIZUTOSHI TAXEDA (TILDEN WAY). WHEREAS, public interest and necessity require that certain real property hereinafter described be acquired by the City of Alameda; and WHEREAS, the owner of said real property„ Shizutoshi Takeda, has agreed to exchange said real prop- erty for other real property owned by the City of Alameda, hereinafter described; and WHEREAS, the values of the re- spective pcxcel.s of real property are equal; NOW THEREFORE, BE IT OR- DAINED BY THE COUNCIL OF THE CITY OF ALAMEDA: Section 1. That the City of Ala- meda accept from Shizutoshi Takeda the transfer of that certain real property situate in the City of Ala- meda, County of Alameda, State of California, more particularly de- scribed as follows: PORTION of the parcel of land described in the deed to Taro Takeda and Mildred F. Takeda, his wife, dated February 1.2, 1954, recorded February 19, 1954, . in Boo'_, 7253 of Official Records of Alameda County, page 251, (AJ- 14234) described as follows: BEGINNING at the intersec- tion of the northern line of the right of way, 50 feet wide, of the San Francisco and Alameda Rail- road Company, now the Central Pacific Railway Company, with the northwestern line of the par- cel of land above referred to; running thence along the last named line north, 34° 22' 42" east, 2.44 feet to a paint from which the center of a circle with a radius of 619.13 feet bears north 4 26' 57" west; thence along the are of said circle easterly, 49.54 feet; thence tangent to the last named course north 80° 58' east, 48.68 feet to the southeastern line of the parcel of land above re- ferred to; thence along the last named line south 34° 22' 57" west, 15.17 feet to said northern line of the Central Pacific Railway Company; and thence along the last named line westerly, 90.69 feet, to the point of beginning. The bearings and distances used in the above description are based on the California Coordi- nate System, Zone 3; and that, in consideration therefor, the City of Alameda transfer to the aforesaid Shizutoshi Takeda, a single man, that certain real property owned by the City of Alameda, situated in the City of Alameda, County of Alameda, State of Cali- fornia, more particularly described as follows: BEGINNING at the east corner of that parcel of land described in deed from Yaneo Tashiro and Toshiko Tashiro to Taro Takeda and Mildred F. Takeda recorded Eo nances New Series Ordinance No. 1:3134 at page 251 in Book 7253 of Offi- cial Records of Alameda County, said corner having t he coordi- nates of y-- 465,921.83 feet and x 1,497,751.36 feet based on the California Coordinate System, Zone 111, as are all bearings, dis- tances, and coordinates in this description; THENCE South 55° 51' 43" East 61.20 feet to the north line of Tilden Way, 70.00 feet wide; THENCE along said north line South 80° 58' 00" West 84.25 feet to the southeasterly line of said parcel; THENCE along said southeast- erly Line North 34 22' 57" East 57.64 feet to the BEGINNING. Said exchange shall be subject to the following terms and conditions: (a) That good and merchantable title in fee simple in the said real property to be conveyed to the City of Alameda be conveyed free and clear of all objections, liens and en- cumbrances. (b) That the title to said real prop- erty conveyed to the City of Ala- meda be evidenced by a policy of title insurance issued by California Pacific Title Insurance Company in- suring title in the City of Alameda pursuant to Section 1(a) above. (c) That each party hereto shall pay his own respective title insur- ance costs. Section 2. That there is hereby appropriated from the Special Gas Tax Street Improvement Fund, Ac- count 222, an amount sufficient to pay for the costs set out in Section lie) above, in addition to any other incidental closing costs or escrow fees. Section 3. That the Mayor of the City of Alameda is hereby authorized to execute the deed of the City of Alameda, for and on behalf of the City of Alameda, to the real prop- erty to be conveyed by the City of Alameda as described herein, and the City Clerk is directed to attest the same. Section 4. This ordinance shall be in full force and effect from and after the expiration of thirty (30) days from the date of its final passage. WILLIAM M. McCALL Presiding Officer of the Council Attest: SHIRLEY H. TENNIER City Clerk z � � 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 7th day of March, 1961, 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 8th day of March, 1961. SHIRLEY H. TENNIER (SEAL) City Clerk of the City of Alameda Publish March 9, 1961.