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Resolution 0296511 1.11LL1.tV 11 JJ.1iT1iC.1i Cf the. nia'nfda notch. tuons ac artiTiancj. nvain ocheco nhcfect 7.7:e.fiCCf Cauf-f, ef „alanthaa 0ocat., Stacc uf Caltitaanalta 19GLOL, fitea july JO, 19.,..)0, in. noon' 25 of Ltno2 at oa.:z,es 1).„ to 78., inclusive, in "clic ca. floc ai lobe ibcontoo Lanconyten. of Aitarceano intiatc,", ae,",hanibea on, h0ti.betrs: enal.banTyi et a noint on. ehe Y4",ccLhnl, Lthe an.fict 32, nls nail tfact ntown ch cq11 enh, ai,batt -ttfoon 5* b'est 2n"Iff.a2 feet franin tCe :.:3ezfltenSterf COrner of Mfacfc arri C:I1C 9,1)11t.f,. .39* 10' on, Weston," Thon of boboten Tfnet belaenea 1 dech. by The "Ac"..",.nts of ttia Fnracrntity oh' 0clifonnt, t, ,f Aihaenn,, daten JOL,2a, recorded. Lune 5, "a,,,,bf'a.", b000 ',TO? eh taint". the truc neinb of coctiencoabat" ttence booth. .'"..3i)T. 10' 4act ttPncc Ocrtb 21' t.i",ast 352."37 fent ho Uiance Lhatann TT 02f 11" "Haat 1.CO.)7 eafY, Q2 1,:i2L, 7,0 noift nn saic vinnpano tine of el'.)stiar "ctichact." rf-,RflOe abon,7 r7, 150.C2 fec,t, CO point, and. south. ra"' fh.,," "haft ,,,OT„Oni 'cot to tne tnan paint or GoriffICa:Cenrf; WHEREAS, The Regents of the University of California, a corporation, is the owner of said property and has offered to convey said real property to the City of Alameda for street and highway purposes, for the consideration of $950.00, and subject to the reversion of title under certain contingencies hereinafter more particularly set forth; and WHEREAS, the purchase price to be paid by the City, together with any obligation imposed on the City in connection with the acquisition of said real property is less than $1,000.00; NOW, THEREFORE, RE IT RESOLVED BY THE COUNCIL OF THE CITY OF ALAMEDA as follows: (1) That the aforesaid real property be acquired by the City of Alameda, subject to and on the following terms andconditions: (a) That title in fee simple in said real property be conveyed to the City of Alameda by good and sufficient deed of grant vesting title in said City free and clear of all objections, liens and encumbrances, except taxes and assess- ments for the fiscal year 1944-1945 and subsequent years, and subject to the fur- ther condition that upon the closing or abandonment of any street or highway which heretofore has been or hereafter may be laid out and established by the City of Alameda upon the hereinabove described parcel of real property, or upon any part thereof, the title to such parcel, or part thereof, as the case may be, shall at once revert to and ravest in The Regents of the University of California, free and clear of any right or claim of interest by, in, or of the City of Alameda; (b) That title to said real property be evidenced by a policy of title insurance for $1,000.00, issued by Oakland Title Insurance and Guaranty Company, insuring the City's title and showing the record title in the lands hereinbefore described to be vested in the City of Alameda as provided in the next preceding paragraph. (2) The Auditor of the City of Alameda is hereby authorized and directed to issue e warrant of the City drawn against the Treasurer of said City, in the amount of Nine Hundred and Fifty Dollars ($950.)0), payable to the order of The Regents of the University of California, and the same is hereby ordered to be placed in escrow with said title company, for delivery to The Regents of the University of California on delivery and recordation of said deed and the approval by the City Attorney of said title policy. (3) The sum of Nine Hundred and Seventy-four Dollars ($974.00) is hereby appropriated from the Street Improvement Fund of the City to pay for the agreed purchase price of said real property and the cost of said title policy. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly introduced and adopted by the Council of the City of Alameda in regular meeting assembled on the 18th day of April, 1944, by the following vote, to wit: AYES: Councilmen Branscheid, Howe, Jones, Osborn and. President Godfrey, (5). NOES: None, ABSENT: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the offi- cial seal of said City this 19th day of April, 1944. LOREEE R. BEATIE (SEAL) City Clerk of the City of Alauieda I hereby certify that the foregoing is a full, true and correct copy of "Resolution No. 2965, AUTHORIZING THE ACQUISITION OF CERTAIN LANDS FROM THE REGENTS OF THE UNIVERSITY OF CALIFORNIA FOR STREET PURPOSES," introduced and adopted by the Council on the 18th day of April, 1944.