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Resolution 11607CITY OF ALAMEDA RESOLUTION NO. 11607 EXTENDING THE TERM OF LEASE FOR SIGN PARCEL LOCATED AT BUENA VISTA AVENUE AND SHERMAN STREET INTERSECTION, BETWEEN ALAMEDA REAL ESTATE INVESTMENTS (LESSEE), AND THE CITY OF ALAMEDA (LESSOR) WHEREAS, on December 2, 1986, the Council of the City of Alameda approved Resolution No. 11061 approving lease of ninety-six square feet of property with Alameda Marina Village Associates for off-street directional signs; and WHEREAS, Alameda Real Estate Investments have notified the City that they wish to renew the lease for its third and final year; and WHEREAS, Alameda Real Estate Investments have been informed that the intersection of Sherman Street and Buena Vista Avenue is presently being redesigned to include traffic signals and when the intersection is improved, the sign will have to be removed; and WHEREAS, it is in the public interest that said Lease be extended. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that the term of lease for sign parcel located at Buena Vista Avenue and Sherman Street Intersection, between Alameda Real Estate Investments (Lessee), and the City of Alameda (Lessor) is hereby extended for it's third and final year. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in regular meeting assembled on the 6th of December, 1988, by the following vote to wit: AYES: Councilmembers Arnerich, Camicia, Thomas and President Corica - 4. NOES: None. ABSENT: Councilmember Monsef 1. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 7th day of December, 1988.. (----, 1 /2 City Clerk of the City of Alameda