Ordinance 1892CITY OF ALAMEDA ORDINANCE NO. 1892
New Series
AUTHORIZING THE TRANSFER OF CERTAIN REAL PROPERTY
IN THE CITY OF ALAMEDA BETWEEN THE CITY AND HARBOR
BAY ISLE ASSOCIATES (OTIS DRIVE PROPERTY AND
HBI PARK)
WHEREAS, the City of Alameda is the owner of certain
real property situate in the City of Alameda, County of Alameda,
State of California, herein called the "Otis Property," and
hereinafter described; and
WHEREAS, Harbor Bay Isle Associates, a partnership com-
prised of Doric Development, Inc., a California corporation, and
Bay Farm Island, Inc., a Nevada corporation, is the owner and
developer of that certain project commonly known as Harbor Bay
Isle in the City of Alameda, County of Alameda, State of California,
and the development plan for Harbor Bay Isle includes a park,
located adjacent to the proposed Harbor Bay Isle shopping center,
herein referred to as "HBI Park "; and
WHEREAS, Harbor Bay Isle Associates is willing to exchange
the land designated as HBI Park for the Otis Property; and
WHEREAS, the Otis Property is no longer required by the
City for municipal purposes; and
WHEREAS, the City of Alameda and Harbor Bay Isle Associates
have entered into an agreement to exchange the Otis Property and
HBI Park, all as more particularly set out in the Agreement to
Exchange Real Property dated April 26, 1977 and authorized by
Council Resolution No. 8691 adopted on April 5, 1977; and
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WHEREAS, Harbor Bay Isle Associates has waived the con-
ditions precedent to said Agreement if conveyance can be madE
immediately;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY
OF ALAMEDA:
Section 1 . That the City of Alameda, for the exchange
value and upon the terms and conditions set forth in the Agree-
ment to Exchange Real Property, dated April 26, 1977 and
authorized by Council Resolution No. 8691 adopted on April 5,
1977, does hereby transfer unto Harbor Bay Isle Associates, a
partnership comprised of Doric Development, Inc., a California
corporation, and Bay Farm Island, Inc., a Nevada corporation,
all that certain real property situate in the City of Alameda,
County of Alameda, State of California, and more particularly
described as follows:
Lot 3, Block 11, Tract 1898, South Shore
Unit No. 2, filed August 22, 1958, Map Book 38,
Pages 89 to 92, Alameda County Records.
Section 2 . That the Mayor of the City of Alameda is
hereby authorized and directed to execute, for and on behalf of
the City of Alameda, a quitclaim deed conveying said real property
to Harbor Bay Isle Associates, and the City Clerk is directed
to attest to the same.
Section 3 . This ordinance is one of great necessity and
urgency within the meaning of Section 3 -12 of the City Charter,
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is introduced and passed at the same Council meeting, and shall
become effective on November 16, 1977.
Section 4 . The facts constituting the necessity and
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urgency hereof are:
(1) Financial considerations make it advantageous for
both parties to close escrow immediately.
(2) This Council hereby finds, determines and declares
that it is in the best public interest and necessity that this
ordinance be introduced and passed at the regular meeting of
the City Council held November 15, 1977, and that this
ordinance become and be in full force and effect November 16,
1977.
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Attest: Presi ' g Officer of the Council
City Clerk
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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 assembled on the 15th day of November, 1977, by the following
vote, to wit:
AYES: Councilmen Beckam, Qiament, Tillman and President Corica, (4).
NOES: None..
ABSENT: Councilman Sherratt, (1).
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
official seal of said City this 16th day of November, 1977.
City Clerk of the City of Alameda