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Ordinance 1572ORDINANCE 1572 AUTHORIZING AMENDMENT TO LEASE BETWEEN CITY AND TODD :.SHIPYA'?DS ..CORPORA- TION, SAM AMENDMENT ADD - ING PARCEL OF SUBMERGED LANDS TO LEASED PREMISES; APPROVING FORM AND AU- THORIZTNG EXECUTION OF SAID AMENDMENT WHEREAS, pursuant to its Or- dinance No. 897 N.S., enacted July 16, 1946, the City leased certain of its tide and submerged lands to United Engineering Company, a corporation, for a term com- mencing September 1, 1946, and expiring September 30, 1964, with the option of lessee or its assigns to renew for an additional term of 25 years, commencing October 1, 1964, and ending September 30, 1989, said lands consisting of 12.961 acres, more or less; and WHEREAS, said lessee, with the City's written consent as evi- denced by its Resolution Nos. 3705, 3939, 4985, 5293, 5770 and 5903, duly assigned said lease to Todd Shipyards Corporation, a corporation duly organized and existing under the laws of the state of New York, which is by virtue of said assignment the substituted lessee thereunder; and WHEREAS, said lessee did on February 27, 1964, exercise its said option and right to renew said lease for the further said term, expiring September 30, 1989, as aforesaid, as provided in said lease, and the City, by its Resolution No. 6578, adopted March 17, 1964, recognized and approved said renewal for the further term; and WHEREAS, it is now deemed mutually desirable and deter- mined to be in the best public interest that said lease be amended by adding a parcel con- sisting of approximately 4.542 acres, more or less, of City -owned submerged lands to the demised premises, at an additional rental therefor, and that said lease, and all of its other terms and condi- tions remain unchanged; and WHEREAS, a form of such amendment has been prepared and submitted to this Council at its regular meeting of August 20, 1968, and filed in the office of the City Clerk on said date; and WHEREAS, this Council is fully informed cf the contents of said amendment, and hereby finds it necessary and convenient for the promotion and accommodation of shipping and commerce that said lease be amended by adding said City -owned submerged lands to premises described in said lease; NOW, THEREFORE, BE IT OR- DAINED BY THE COUNCIL OF THE CITY OF ALAMEDA that: Section 1. The form of amend- ment to the lease hereinabove in the recitations referred to be and is hereby approved. Section 2. The parcel of sub - merged real property described in said amendment be leased to Todd Shipyards Corporation, upon the terms, conditions and pay- ments contained in said form of amendment, submitted and filed as aforesaid. Section 3. The Mayor of the City of Alameda is authorized and directed to execute, and the City Clerk directed to attest to, respectively, for and on behalf of said City, an a®reement amending said lease, said amendment to be substantially in the form of that hereinabove referred to. 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 * * * I, the undersigned, hereby cer- tify that the foregoing Ordinance was duly and regularly adopted and passed by the Council of the City of Alameda in regular meet- ing assembled on the 3rd day of September, 1968, by the following vote, to wit: AYES: Councilmen Fore, Isaacs, La Croix, Jr., Levy 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 4th day of September, 1968. (SEAL) SHIRLEY H. TENNIER City Clerk of the City of Alameda No. A -738. Publish Sept. 6, 1968, •7