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Ordinance 2740CITY OF ALAMEDA ORDINANCE NO. 2740 New Series AUTHORIZING TRASFER BY GRAT DEED OF CERTAIN CITY OWNED REAL PROPERTY (ALONG ATLANTIC AVENUE) TO THE COMMUITY IMPROVEMENT COMMISSION OF THE CITY OF ALAMEDA WHREAS , a Joint Meeting of the Community Improvement Commission, Housing Authority Board of Commssioners and the City Council was held on June 3 , 1997 approving a Disposition and Development Agreement (DDA) with Browman Development Company (BDC) authorizing the sale of propert located at the site of Webster Street and Atlantic Avenue; and WHEREAS , as described in the DDA, the site at Webster and Atlantic consists of several parcels of real propert and varous pieces of public right-of-way; and WHEREAS , the properties which comprise the site are owned by the City of Alameda Alameda Beltine Railroad and the Housing Authority of the City of Alameda; and WHEREAS , the properties owned by the City and the Housing Authority will be conveyed to the CIC by each of the owners of the properties and then to BDC in a simultaeous a: escrow , as described in the City-CIC Cooperation and Payment Agreement and the Housing Authority-CIC Cooperation and Payment Agreement , copies of which are on file in the Office of the City Clerk; and WHEREAS , the propert owned by the City consists of approximately 21 171 square feet, which is owned in fee , and two easements for right-of-way of approximately 2 936 square feet and 1 649 squae feet respectively, more paricularly described in the legal descriptions attached as Exhbits A, B-1 and B-2 to the City-CIC Cooperation and Payment Agreement; and WHEREAS , Section 3-10 of the City Charer requires the affirmative vote of four members of the City Council for the sale of this propert. NOW , THEREFORE, BE IT ORDAIED by the Council of the City of Alameda, upon the affirmative vote of four members of the Council that: Section 1 . The City Manager or the City Manager s designee is hereby authorized and directed to execute for and behalf on the City of Alameda, the transfer by Grant Deed in substantially the form attched as Exhibit C to the City-CIC Cooperation and Payment Agreement that certin City-owned propert (along Atlantic Avenue) to the CIC , subject to the City-CIC Cooperation and Payment Agreement, and the City Clerk is hereby directed to attest to the same. 4:IORDSICrc. BRO Section 2 . This ordinance shall be in full force and effect from and after the expiration of thirt (30) days from the date of its final passage. Attest: ****** 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 1stday of , 1997, by the following vote to wit: AYES:Councilmembers Daysog, DeWitt, and President Appezzato - 4. Kerr NOES:Councilmember Lucas - ABSENT:None. ABSTENTIONS:None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 2nd day of July , 1997. Dia Fe sch, City Clerk City of Alameda