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Resolution 08807CITY OF ALAMEDA RESOLUTION NO. 8807 AUTHORIZING EXECUTION OF AGREEMENT WITH ALAMEDA FIRST NATIONAL BANK SETTING FORTH CONDITIONS AND RESTRICTIONS FOR BRANCH BANK AT ISLAND DRIVE AND MECARTNEY ROAD WHEREAS, the Alameda First National Bank has entered into an agreement with HARBOR BAY ISLE ASSOCIATES, a partnership, to acquire title in certain property for construction of a branch bank on Bay Farm Island at Island Drive and Mecartney Road; and WHEREAS, it is in the best interests.of the City of Alameda that an agreement be entered into between it and Alameda First National Bank setting forth conditions and restrictions. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY &- OF ALAMEDA that the Mayor is hereby authorized and directed to Z.' . execute, for and on behalf of the City of Alameda, that certain agreement referred to above by and between Alameda First National Bank and the City of Alameda setting forth conditions and t): restrictions regarding a branch bank to be constructed on Bay t— Farm Island at Island Drive and Mecartney Road. The City Clerk < is hereby directed to attest to same. o. 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 4th day of October, 1977, by the following vote, to wit: AYES: Councilmen Beckam, Sherratt, Tillman and Vice President Diament, (4). NOES: None. ABSENT: President Corica, (1). IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 5th day of October, 1977.