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Ordinance 1718ORDINANCE 1718 New Series AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT 1317 PACIFIC AVENUE, BE IT ORDAINED BY THE 000N- CIL OF THE CITY OF ALAMEDA: Section 1. That the City of Alameda Purchase from MARGARET C. and FRANK C. CRUZ, in fee simple, for the sum of Thirty -three Thousand Five Hundred Dollars ($33,500), all that cer- tain real property commonly designat- ed as 1317 Pacific Avenue situated in the City of Alameda, County of Alameda, State of California, par- ticularly described as: A portion of Block A as shown on "Map of 144 Lots in Page Tract, Alameda Co." filed February 25, 1874, in Book 6 of Maps, Page 7, Of- ficial Records of Alameda County, and more particularly described as follows: The eastern 16.67 feet of Lot 8, as said lot is shown on said map. The western 16.67 feet of Lot 9, as said lot is shown on said map. The eastern 33.34 feet of the western 66.67 feet of Lot 13, as said lot is shown on the above - mentioned map. Containing 0.115 Acres, more or less. Section 2. That a Pnod and sufficient deed of grant from said Owner, con- veying said real property to the City, be deposited in escrow with an established land title insurance company to be selected by the City Manager, along with appropriate instructions, and the City's warrant for said purchase price, Plus cost of a policy of land title in- surance and other fees of said escrow holder. Said purchase price shall be Paid to owner when said policy is issued insuring title in City and when said deed can be delivered to the City by said escrow holder. Section 3. That the sum of $33,500, together with a sum sufficient to pay the cost of title insurance and other in- cidental expenses of said acquisition be appropriated from Revenue Sharing Funds (Account No. 355) to pay the purchase price of said real property, cost of said insurance and incidental expenses, Section 4. This ordinance shall be in full force and effect from and after the expiration of thirty (30) days from the date of its final passage. TERRY LA CROIX, JR. Presiding Officer of the Council Attest: ETHEL M. PITT City Clerk I, 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 7th day of May, 1974, by the following vote, to wit: AYES: Councilmen Beckam, Corica, Hurwitz, McCall and President La Croix, Jr. (5). NOES: None. ABSENT: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 8th day of May, 1974. (SEAL) ETHEL M. PITT City Clerk of the City of Alameda Legal No. 590— Publish "May 10, 1974