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Ordinance 0925ORDINANCE N0. 925 NEW SERIES AN ORDINANCE AUTHORIZING THE ACQUI[SITION OF CERTAIN REAL PROPERTY FOR PUBLIC, PARK AND OTHER MUNICIPAL WHEREAS, public interest and necessity require that the real prop- erty hereinafter described be ac- quired by the City of Alameda for public park and other municipal pur- poses; and WHEREAS, Roberts :enterprises, a. corporation, is the owner of the real property hereinafter described and is willing - to sell the same to the City of Alameda for the surn of $1.4,500.00; BE IT ORDAINED BY THE 0,0t7NCI:L OF TIIF CITY OF ALA - ,NITEDA as follows: SECTION 1. That the City of Ala. - ECeda purchase from Roberts Enter- prises, a corporation, for the sung of Fourteen Thousand, Five Hundred (1'1.4,ti>00.00) Dollars, that certain real property situated in the City of Alameda, County of Alameda, State of California, more particu- larly described as follows: BEGINNING at the, intersee•- tion of the southwestern line of Calhoun, Street, with - the south- eastern line of Fountain "Street, as said streets are shown on that certain. map entitled, "Map of the Town of Alameda and ad- jacent Lands," etc., filed Sept. X12, 1$67 in Book 5 of Maps, at page 1.6, in the Office of the County Recorder of Alameda County; running - thence alon.- said line of Calhoun Street 1.35.00 feet; thence Smithwcest.- erly parallel to the Southeastern tine of Fountain Street 454.71 feet to the Northeastern line of Otis Drive; thence North - westerly along the last reamed line 1.35.00 feet to the South- eastern line of Fountain Street; thence Northeasterly along the Southeastern line of Fountain Street 453.50 feet to the point of beginning; CONTAINING 61,324 square feet of land and being a portion of BI(Jcks 13 and 21, also a por- tion of Clay Street that is iaow abandoned, of the map above re- ferred to, upon the following t.e.rrns and conditions, 'to -wit: (a) That good merchantable title in fee simple in said real - property be conveyed to the City of Alameda, free and clear of all objections, lie11z, eneurnbranc:es, clouds and alai €ors of title, but subject to taxes and assessments for the fiscal year 1.947 - 1945 (b) That the title to said real. 1.lropert37 - be evidenced by policy o f title insurance issued by Oakland Title '1nsur and Gaaranty Corn - pany, insuring title in the City, as provided in the preceding sabdiv- :;ion (a -); (c) That i €pon deposit with said. title company for delivery to the City of a. good and sufficient deed of grant conveying said property to the City and conditioned upon the issuance of a title policy, as aforesaid, to be approved by the City Attorney, a warrant of the City he drawn for Fourteen Thousand, Five Elundred ($14,500.00) Dollars, payable- to the order of said Oakland Title Insurance and Gnaxanty Com- pany, a. corporation, and delivered to said title company, as escrow holder, for the purpose of affecting the consunrana.tion of said purchase. SECTION 2. The suni of Fourteen Thousand, Six Ilundrexd Forty -four ($14,644.00) Dollars !ti hereby ap- propriated from the Ca -pital Outlays Fund of the City to pay the pur- �11sr.se price of said real property and east of title policy. SECTION 3. This ordinance shall he in Roll farce and effect fron, arrd lifter Clrc expiration of tbirt.y (30) days Cron the date of its final Pass- age, 'W, J. BRAN SCHEI D, Presiding Officer of tar€: Council. Attest: .1. Y. CLARK, City Clerk, E, the undersigned, hereby c:e rtify that the foregoing Ordinance ',v,1s duly and regularly' adopted and glassed by the Council of the City' of Alameda in regular meeting as- sembled on the 15th daY of 31,11Y, 1947, by the following vote, to merit.: AYES: C'ouncilrrlan Anderson, Jones, 'Osborn,- Sweeney and Pvesi- dent. Branscheid. (5). NOES: None. ABSENT: None. 'IN XVI N1 <,SS AVI" lTR1,C)F, 7 have hereunto scat r€ry hand a,srd affixed the o ffi c i a l seal of said City this 16th day r1'f .1'uly, 1947. ( S'E AL) J. F. CLAEK, City Clerk of the City of Alarneda. 1'irblislr duly 16, 1947.