Ordinance 1620ORDINANCE 1620
AUTHORIZING LEASE OF CERTAIN.
REAL PROPERTY TO SANTA FE-
POMEROY, INC. (3.501 ACRES)
'WHEREAS, Santa Ee -Pone-
roy, Inc., a corporation of the
state of Washington, desires
to lease certa.i € i tide and
submerged lauds owned by
the City and containing 8.501
acres more or less, described
in the form of lease referred
to hereinbeiow, for a term of
10 years, commencing .tune 1,
1970, at a total base rental of
s86,750.50, with option of re-
newal for three additional 5
year terms at a total base
rental per 5 year term of
515,375.25. but subject to cer-
tain periodic percentage in-
creases of said sum at the
beginning of any of said re-
newal terms, for purposes
wl2ieh will benefit., promote
and accommodate commerce
and navigation. and which will
not interfere with same-, and
which will be in accordance
with the provisions of un A.ct.
of the Legislature of the state
of California, approved May
24, 1917, and found in Statutes
of California, 1917, Chapter
594; and
WHEREAS, the City Council
finds and determines that the
use of the said property will
be for said purposes, that
Santa Fe- Pomeroy, Inc.. is the
owner of uplands abutting up-
on said .lands, and that it Nvill
be in the public irrtor{' -'t 0 ()
enter inter the proposed lease;
and
WHEREAS, a form of lease
containing the covenants and
agreements by and between.
the City and said Santa Fe-
Pomeroy, Inc.. has been pre-
pared and submitted to this
Council and is on file in the
office of the City Clerk
marked, "F i .1 o c3 , May 19.
1970," and the Council is
aware of and approves the
contents thereof;
•
NOW, 'I HER FORE, 13E IT
ORDAINED 13Y rf H L COUN-
CIL OF THE CITY OF
ALAM FDA:
Section 1.. That the form of
lease referred to in the above
Aueitats, and the terms, condi-
tions, covenants and ag• ree-
ments contained therein be
and hereby are approved.
Section 2. The Mayor be and
hereby is authorized to exe-
cute on behalf of the City, a
lease of real property to
Santa Fe- Pomeroy, Inc., a
'Washington corporation, said
lease to be substantially i n the
form, a n d containing, the
terms, conditions, covenants
and agreements set forth in
said form of lease, and the
City Clerk is hereby directed
to attest to same.
Section 3. This ordf nance*
shall be in full force and
effect from and after the ex-
piration of thirty (30) days
from the date of its final.
passage.
Terry La Croix, J.
Presiding Officer
of the Council
Attest:
Irma L. Nelson
City Clerk
1, t undersigned, hereby
certify that the foregoing Or-
dinance was dryly and regular-
ly adopted and passed by the
Council of the City of Alame-
da in regular meeti rig assem-
bled on the 3rd day of June,
1970, by the following vote. to
wit:
AY ES: Councilmen F ore,
Levy, Longaker, McCall and
President LaCroix, 1 r.,(5).
NOES: None.
.ABS ENT: None.
IN WITNESS Wl- I:F]REOF, 1
have hereunto set my hand
a rid affixed the official seal of
said City this 1 th day of
June, 1970.
(SEAL)
Irma L. Nelson
City Clerk of the
City of Alameda
A -750 — Publish June 6. 1970