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Resolution 12393CITY OF ALAMEDA RESOLUTION NO. 12393 AUTHORIZING PURCHASE OF TAX DEFAULTED PROPERTY, 2016 SAN ANTONIO AVENUE (APN-071-0244-028) WHEREAS, on March 29, 1993, the City of Alameda was notified, pursuant to the Revenue and Taxation Code section 3700, of a proposed sealed bid of sale of tax defaulted property; and WHEREAS, said property, known as APN 071-0244-028 is a dilapidated single family house; and WHEREAS, the City with Affordable Housing Funds may purchase the property and cause rehabilitation to be completed thus improving the existing neighborhood; and WHEREAS, under Chapter 8, Alameda County Office of the Treasurer and Tax Collector have a procedure whereby they remove the property from the proposed sale and sell it directly to a Municipality for the minimum bid which is $130,000 for said property; and (.0 WHEREAS, the Preliminary Title Report issued by First 1:3 American Title indicates no liens other than taxes against the property; and o — WHEREAS, it is in the City's best interest to obtain said property rather than allowing it to be purchased by a private party whose use might not be compatible with the City's needs; NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that said Council hereby authorizes purchase of said property for the minimum bid amount of $130,000. BE IT FURTHER RESOLVED that the Community Development Director and the City Clerk be, and each hereby is, authorized and directed to execute and to attest to, respectively, on behalf of the City, the required Chapter 8 Agreement when received from the Alameda County Tax Collector. 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 4th day of May , 1993, by the following vote to wit: AYES: Councilmembers Appezzato, Arnerich, Lucas, Roth and President Withrow - 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this att_ day of May , 1993. Diane BFeish, City Clerk City of Alameda