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Ordinance 0955ORDINANCE N0. 955 NEW SERIES AN ORDINANCE AUTHORIZING THE ACQUISITION OF CERTAIN STREET AND HIGHWAY PURPOSES WHEREAS public interest and nec es�,ity ;reciuire that the real prop - erty hereinafter. :described: be ac- ciuired by the City of Alameda for street and_ highway and :general municipal purposes; .anal CSrI-II11REAS, Gino Spadoni is the owner of the real property :herein - after described and is willing to sell the same to the ' City of Ala- ine.da for the stun of $.4,088:00; BE IT ORDAINED BY T.ffE COUNCIL L (DF THE CT:TY OF ALA - MEDA: Section 1. Th at the City of Ala - nleda purchase from 'Gino Spadoni, for the sum of Four Thousand, Eighty- -eight ($4,088:00) Dollars, that certain real property situated in the City of 'Alaxneda, California„ more particularly described as fol- lows . P011I'ION of the parcel of land containing 12,050 's6uare feet, more or less,. described in the deed by -_= 8outh'ern Pacific = Com- pany to Gino: Spadon dated Au gust 12; 1 037,:.' recsorded August 24 T937 iii book 3471 of Official. Records of Alameda, County, page 374, . described . as follows: BEGINNING at a;point on the SO tthern line of :Pacific Avenue distant thereon south 88° 35' .eiz.;t 363.82 feet from the eastern line of 4th. Street; and running thence tang ent with said line of Pacific Avenue westerly, south - eriy and easterly on a c to the left With a radius of '5 feet to the :point of tangency of a line . drawn south 64° 58' 39 ": ea:;t; thence tulo.ng ;the line so drawn ;south '64° %58' 39" east: 144.90 feet to a, tine drawn 1 west from a.point on said line of ' :Pacific Avenue, distant.. thereon north ss' 35' west 488 feet from the 'western line of 5th' Street; thence south 1° 25' west 30,39 feet to the Southwestern :. line of said parcel of land;' thence along.the last named line rl ' narthwesteyon a curve ;to the left with a radius of 2311.88 feet a 'distance of ; 159.1.4 feet : -to the western line of the above: men- tic ned parcel; `thence along the last named .line north 1 ° 25'.. east 51:73 feet to said line of Pacific Avenue; and thence alone the Last named line south 88° 35'. east 21.22 feet to the point of beginning, 0,rclinance No_ 955' Inances New 'Series on the following terms and condi tions: (a) That good and merchantable title in f.ee simple: in said real prop- erty be conveyed. to the City of Alameda, free and:.clear of all obiec- tions, liens and enct�tntiranc:es, but subject to second installment of taxes; and assessilielits for the fiscal year 1:948 - 1940; (b) That the title to said. real property be evidenced by:a policy; of title insurance issued by Alan'ieda. County -East Bay Title Insurance Compaany, insuring. :title in the -City, as provided. in the preceding. sub- division; (c) That upon .deposit with said title company for. delivery to the City of a good and sufficient `deed of grant conveying;' said propety to the City, and conditioned upon.4he issuance of a; title insurance policy as aforesaid, to be approved by the City Attorney, a . warrant of!. the City be drawn for Vour Thuu.sand Eighty -eight ($4;088.0()): Dollars payable to the order of said Gino Spadolii and delivered to said Ala- tned:i 'QoUntyµEast. Bay Title In- sura.nee Convany, as escrow holder, for the purpose of effecting the 'con- summation of said purchase. Section 2. The sulfa of r'our Thou- sand_ One hundred 'Thirty - three ($4,133.00) Dollars is hereby appro- priated. Gas Tax No. 2 Fund to pay the purchase price of said real property and cost 'of title in- surance policy. Section 3. This ordinance shall be iii full ` force and effect' from arid. after the expiration of thirty (34.) days from the date: of its final pas- sage. W_ J, BRANSCHEID, Presiding Officer of the Council. Attest: J I', C:'LA,II <, City Clerk. I, the undersigned, hereby certify that :the foregoing Ordinance was duly and regularly adopted and pas, ed ;:by the Council of the 'City o Alameda in regular meeting as- seinbled on the. 18th day of January, 1049, by tine : following vote, to w it: AYES: Coiincilnien A n d e r s o n, Junes, Osborn, Sweeney and Pres1- dent Branscli.eid, (5). NOES: None. ABSENT: None. IN WITNESS WE3ER 1OF, I have hereunto set ` my hand and affixed the official seal of 11 City this 19th day of Ja,nua;ry, 1949. (SEAL) J. I', CLARK; City Clerk of the City of Alameda. Publish January 20, 1949,