Loading...
Resolution 02204RESOLUTION NO. 2204 AUTHORIZING TEE EXECUTION OF ESCROW INSTRUCTIONS AND THE DELIVERY OF THE AGREEMENT OF COMPROMISE AND DEED OF GRANT REFERRED TO IN ORDINANCES 616 AND 617, NEW SERIES, OF TUE OTTE OF' ALAMEDA WHEREAS on October 25, 1037, the Council cf the City of Alameda duly and regularly adopted Ordinance No. 616, New Series, entitled, AUTHORIZING THE EXECUTION OF AN AGREEMENT OF COMPROMISE SETTLING ALL DISPUTES NOW AND HERETOFORE EXISTING BETWEEN THE CITY OF XLEMEDA AND ALAMEDA AIRPORT, INC., UNDER CERTAIN LEASES, authorizing, among other things, the execution of a compromise agreement between the City of Alameda and Alameda Airport, Inc., a corporation, and WHEREAS or. October 2E, 1937, the Council of the City cf Alameda duly and reg- ularly adapted Ordinance No. 617, New Series, entitled, AUTHORIZING 977 EXECUTION OF A DEED OF GRANT CONVEYING TO THE UNITED STATES OF AMERICA CERTAIN TIDE AND SUBMERGED LANDS IN THE CITY OF ALAMEDA, authorizing the axecutien, by and on behalf of the City of Alameda, of a Deed of Grant conveying to the United States of Amerida certain tide and submerged lands situated in the City of Alameda, and WHEREAS, in order to accomplish the objects specified in said Ordinances it is necessary that the documents therein provided to be executed be placed in escrow in order to effectuate delivery thereof, N07 THEREFORE, BE IT RESOLVED that the Mayor of the City' of Alameda be and he is hereby authorized and directed to execute,. on behalf of the City of Alameda, and jointly with Alameda Airport, Inc. and the United States of America, writteD escrow instructions in form substantially, as follows: ESCROW INSTRUCTIONS To ALAIDEDA COUNTY-EAST BY TITLE ENDURANCE CO. 14th and Franklin Streets Oakland, California Gentlemen: On or before the hour of 11 o'clock of the forenoon of November 26, 1657, there will be deposited with you the following documents, which you will deliver and dispose of as hereinafter directed. Item 1: A compromise agreement executed in duplicate between the City of Alameda and Alapeda Airport, Inc., approved as to form by the City Attorney of the City of Alameda, and by F. G. Athearn. Item 2: A grant deed, wherein the City of Alameda is the Grantor and the United States of America is the Greantee, approved as to form by the City Attorney for the City of Alameda and the United States District Attorney at San Francisco, California. Item 3: A revocable permit issued by the United States Government, acting through the Secretary of the Navy, to Alameda Airport, Inc., approved as to form by F. G. Athearn. Item 4: A revocable permit issued by the United States Government, acting through the Secretary of the Navy, to Pan American Airweys Company, approved as to form by F. G. Athearn. Item 5: A certain sum. of cash, a d firm obligations, endorsed payable to Alameda Airport, Inc., and approved as to fomi and amounts by' F. G. Athearn, in the total aggre- gate sum of N00,660.00. If tho above enumerated items are not deposited with you within the time limited above, you will return each item to the person or corporation depositing the same with you, save and except that with respect to Item 1 you rill cancel both copies by destroying the signatures thereon and than returning one copy to the City of Alameda are the ether to F. G. Athearn, If, horever, all of such items are deposited with you within the time limited, you will make disposition of all of them as follows: Item I:, You will cause ore copy to be recorded in the County of Alameda with. directions to deliver the same to the City of Alameda and the other copy- you will deliver to F. G. Athearn as a representative of Alameda Airport, Inc. Item 2: Yon will geese this item to be recorded in the County cf Alameda subsequent in in time to the recordation of Item 1 above, and direct that the same, velen recorded, he delivered to the Commandant of the Twelfth Naval District et San Francisco, California, for the United States of America. Item 3: To F. G. Athearn, as the representative of Alameda Airport, Inc. Item 4:: To F. G. Athearn as the representative of Pan american Airways Company. Item 5: To F. G. Athearn, as the representative of Alameda Airport, Inc. Dated: November 3, 1937. Yours truly, ALAPiEDA A iFtpcaT , By CITE OF ALAJAEDA, By UNITED STATES OF AMERICA, By' RESOLVEE, further, that the Mayor of Alameda be and he is hereby' authorized to deliver the eforesaid escrow instructions to the Alameda: County,East Bay Title Insurance Co., together witi the agreement and deed hereinbefore mentioned. * * * * * * * * * I, the undersiEned, hereby certify that the foregoing Resolution was duly and regularly introduced and adopted by the Council cf the City of Alameda in regular meeting assembled on the 2nd day of November, 1907, by the following vote, to wit: AYES: Councilmen Carrington, Godfrey, Meurer, Morris and President Weichhart, NOES: None. ABSENT: None. ) L WITNESS WHERECF, I hive hereunto set my hand and affixed the official seal sf said City this 3rd day of November, 1937. D. ELMER DYER 01erx 03 he * y A I hereby certify that the foregoing is a full, true and correct copy of "Resolution No. 2204, AUTHORIZING THE EXECUTION OF ESCROW INSTRUCTIONS AND TUE DELIVERY OF THE AGREEKTETT Of COMPROMISE AND DEED OF GRZ012 REFERRED 3C IN ORDINANCES 616 AND 617, NEW SERIES, 3E THF CITY OE ALAMEDA", introduced and adopted by the Council on the 2nd day' cf November, 1937. '77 of Alameda.