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Resolution 051174 Fi R.PSOLUTIOW NO. 5117 Am-h 1 -111171 th-TENP1.110E ANN 7PCORDATT:UN OP P,TPP6PITIOTh OPP CAL-'4.170, M,N,Ph.b11 PRO2111TY), AWN PtYYNNT CP mud pop d PbP,000.00 WHEREAS, the Council of thp 61ty of Alhmedd, by OrdNmphce No. 1701.5 New Series, fohnh. and. deterninhd that acqhlsItion. fnr phPlle purposes of Nbat cortd_r, real Property sltuate in the City of Alamed8, ownd by thp PublIc Nousin trotion (s. faderhl apency.) and kndwn. as C1M -ant -4120, Alamedu, wohad be acluuntage- od to said.. (11.1.p, and, nuthorized the City. Mapta.Fer to prepare and .leposit thh City,s bid. on sal. proberttc! epd. WHPREAS„ the City's hi.d. on snid. hrnperty, made pursuant to such. authori- zation, in the amoant of Fort7-five Thousand (115,000.00) Dolab.ro, has been e.ccepted. by thh Publih Housinm Administrablon, NON THERENCNE, NE IN RPSOLVPD TNT! COUNCIL OF lhiE CITY OP' ALC.MFDA that thp City Manager be, and he is hereby authorized and. directed, for and on bohalf of said Pity, to prepare.. and deposit with. Oakland Title InsaPande CompP117, ln. escrow, thh Cibyts hnPrntt In the nmburt cr Fo.b1-1wo Thousanel, Fivo Hurftred. (P).b2,500.110) Dollars,tbritch mount addled to the bl d. deposit. will. cover the eFreed purchflpe prle of '':145,00(.1.00, se.id warrant to be doll:pored tp the seller upon aposit of its deed. to said. property, subject to issuance to the City by tbp Title Comuanp of a policy of title insurance, Inshyd1nt, tltle to said. plpuperty thh City of AlcutePa, free cleat of all. :nuns and. enhumbrancem; and. 3E IT FURTHER RESOLVED that upon deliverp of the deed to said property to thn Pity, as aforessid, the Clty Man,d7or be, Pdhd. bp ts hereby Pubborlpod and dj.recta. to cause recordation. of said. deed to be made, and tNot th.12, resolution bo atthchod thnreto pc rodhlred. by Section 27281 of thp Gdyehnmert. Code of the State of Poll- fornlp. I, thh undern1ned, hereby certify that the forego:L.1,Tc., 'Resolution wot du.17 and 1d4hplarly introduced and. adopted by the Council of the'Citi. of Alameda In rep-u: Jar nectinp assembled on. the 7th.. O.py of Jun, 1955, '07 the follovind.! vote, to wlt: (N)r.r.c"an Hdvd, Plobld1D, vdt Prebidd'bt Erpno 1p, POPS: Nond. P.P.13,7T.111: None. UTTPTSS WETTED?, nava hhreunto set hu, hdbid. and ,fibbbed. tbo official seal. of snid City t'nls 8th. dNy. of <Jane, 1955,, S TER LT.:,TY TEN7.1.T. I hereby certify that the foreFohR is P tnie and correct copy Of "NesoluMion No. 5117, AUTHOE77ING ACT.NNTANUN. 1ND Pb1177DATITON OF CeN77.7.-AITCE TO SPFC: DISPOSITION: OLIP CAL pt120, ATA11011P11. (.1PLANTIC TEAILER PANIC PROPERTY1,. AND PAYMENT OF NNN SIT OF Vbl.P,O0C.77 THERIPORD, introduepd edopbe Py the Councll or. the 7th. dab' of June, 1955.