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Ordinance 1268ORDINANCE NO. 1268 An ordinance authorizing the sale of certain city owned real property to the alaska packers association protion of encinal housing project Ordinance Na. 126$ Alameda Clity Ordinances New Series automobiles and pedestrians, and to the Alaska Packers Association, for public utility purposes, ` for and the City Clerk is hereby di- ingress to and egress from the rected to attest to same. All closing boundaries of said property, in, costs are to be paid by the grantee over and across the property with the exception of >revenue outlined in red on the at- stamps. Said grant deed is to be tached drawing No. 4547, delivered to grantee only upon re- Case 41, dated June, 1957, pre- ceipt of the payments and due pared by the City of Alameda execution of the instruments set Engineering Department, entitled, out in Section 1 above. Encinal Housing Easement and Utility Requirements, said ease- Section 3. That the Mayor of the ment to be described by metes City of Alameda is hereby authorized and bounds the deed convey- to execute, for and on behalf of the ing said property to Buyer. City of Alameda, that certain Agree- RESERVING, HOWEVER, ease- ment of Sale by and between the m for the s on and City of Alameda and Alaska Packers maintenance sanitary sewers t sanitary y Association relating to the sale of s 1, along the foot right -of -way the real property set out herein, the northern boundary the said Agreement of Sale being on A property outlined in blue on file in the office of the City Clerk said attach ed drawing, said ease- of the City of Alameda. The City ment to be described by metes Clerk is hereby directed to attest and bounds in the deed convey- to same. ing said property to the Buyer. Section 4. This ordinance shall be For and in consideration of the in full force and effect from and sum of THREE HUNDRED after the expiration of thirty (30) THIRTY THOUSAND, FIVE days from the date of its final pas- HUNDRED EIGHTY -TWO and sage. 03/100 ($330,582.03) DOLLARS, WILLIAM M. McCALL payable to the City of Alameda Presiding Officer of the Council - as follows: EIGHTY THOUSAND, SIXTY -NINE and 91/100 Attest: ($80,069.91) DOLLARS as down payment, payable coincident with SHIRLEY H. TENNIER the closing of the transaction; City Clerk a promissory note secured by a second deed of trust in the amount TWO HUNDRED I, the undersigned, hereby certify FIFTY THOUSAND, USAND, FIVE HUN - that the foregoing Ordinance was duly and regularly adopted and (RED TWELVE and 12 ($250,512.12) DOLLARS, payable passed by the Council of the .City in semi - annual installments of of Alameda in regular meeting as- the 15th day April„ TWENTY - SEVEN THOUSAND, EIGHT HUNDRED THIRTY- sembled on of 1958, by the following vote, to wit: FOUR and 68/100 ($27,834.68) AYES: Councilmen Collischonn, DOLLARS, the first payment to Freeman, Petersen, Schacht and be made coincident with the President McCall, (5). closing of the transaction; pay- NOES: None. ments thereafter to be made on ABSENT: None, the Ist day of November, 1958, and on the 1st day of May and IN WITNESS WHEREOF, I have the Ist day of November of hereunto set my hand and affixed each and every year until fully the official seal of said City this paid. 16th day of April, 1958. Section 2. That the Mayor of the City of Alameda is hereby auth- (SEAL) orized to execute, for and on behalf SHIRLEY H. TENNIER of the City of Alameda, a grant City Clerk of the City of Alameda deed of the real property described above transferring said real property Publish: April 18, 1958.