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Ordinance 1432ORDINANCE NO. 1432 AN ORDINANCE AUTHORIZING THE ACQUISITION OF CERTAIN REAL PROPERTY FOR GENER- AL MUNICIPAL PURPOSES (S. W. C'OR:NE'R. OTIS DRIVE AND WILLOW STREET—UTAH CON- STRUCTION & MINING CO. 793 ACRES) W HEIRIEAiS, pulalic interest and ,necessity require that, the read property hereinafter described be acquired by the City of Alameda . for gene €rail mu ii6pal purposes; and WHEREAS, the owners of the real propeir?ty herein(asfter described are wiHi,ng to sell the same to the City of Alameda for the mini. of ONE THOUSAND. NINE HUNDRED ETGTr Y-T` O land 50/100 ($1,982.5t1) DOULARS'; NOW THiEIR'EFO1I!, BE IT OR- DfAIN`ED` BY TIM COUNCIL OF THE CITY OF -A AM 9D A.: S'eetion 1. That the City (it Al €a- moda purchase for the Burn of $1,82.50 that certain real property sitruated in the City of Alameda, , County, , of Alameda' State of Cali- fornia:,, more particularly described as follows: :LOT 22, BLOM 4 1 TRACT 18616, OLS per maip recorded in Book 38, paiges 1511 -54, iinclus'ive, of Maps, in the offtee of the Recorder of Alameda County, on the following terms and con,di"- tion!s: (a) That good and merchantable title in fee simple in siati.d renal prop - , o t'y be eonwyeid to the City of Alameda ' free !and clear of all ob- jections, liens land encusnlbranees. (la) Than the title of said real property be Eevideneed by +a policy of title ,insurance, insuring title In the )City, as priov'i'ded in the preceding subdivision. (e) That upon deposit with said title company for delivery to the City of +a; good and suffivAent deed Ordinance No. 1431 finances New Series of igrant conveying said property to said City, and conditioned upon the isssuan e of +a title insurance policy, as aforesaid, to be approved by the City Attorney, a warrant of the City be drawn for $1,9 82.50 payable to the .order of said, title ,insurance cosxatpany, •as escrow hoid- er, for the purpose of effecting the consummation of said transaction. Section 2. That the sure of $1,- 982.50., together with a sum suf- ficien?t to cover cost of the title insurance and other incidental ex- penses to said transaction be ap- propriated from the Capital Outlay Fund (Account 225) toE pay thie purchase price , of said real property, cost -olf said title insurance policy, and inciidiental expenses. Seettan: 3. This , ordinance- shall be .in full force and effect from. and after the expiration of thirty (39) days fireom the diaite of Its finial plaL5siaige, WILL <IAIVI S. GOIa!F'REY Presiding Officer of the Counell Attest: SHIRLEY H. TENNIEIR C-Ity Clerk 1, the undersigned, hereby certi- fy that the foregoing Oirdiiiance was duly :and. regularly adopted , and passed by the Council of the =City of Alameda in regular meet- ing assentbled= on the l6Ith. day of Julys, 1963, by the fallowing vote, to wit: "ES: Councilmen Freeman, La- Croix, Jr., :Rose: and President God- frey, (`l) NOVS: C uunellmian ATcCall, (1). ABSENT: Niosi e. IN WITNESS WHEREOF, I have hereunto, suet my hand and affixed the official seal of said City this 17th day of July, 1963. SHIRLEY H. TENNIER (,SE'AT.,) City Clerk of the Cdty of Alameda. No. 11 -A. pUblhsh July 19, 1953.