Resolution 12694RECORDING REQUESTED BY: CITY OF ALAMEDA
WHEN RECORDED MAIL TO: City Clerk's Office
City Hall, Room 315
2263 Santa Clara Avenue
Alameda, CA 94501
CITY OF ALAMEDA RESOLUTION NO. 12694
TERMINATING THE REGULATORY AGREEMENT BETWEEN THE
CITY OF ALAMEDA AND THE HOUSING AUTHORITY OF THE
CITY OF ALAMEDA RELATED TO THE DEVELOPMENT OF
TWELVE UNITS OF SENIORS HOUSING AT 2201 SANTA CLARA
AVENUE
WHEREAS, the Housing Authority of the City of Alameda was
interested in developing twelve (12) units of seniors housing at
2201 Santa Clara Avenue, Alameda, California (more particularly
described in Exhibit A attached hereto and incorporated herein by
this reference) (hereinafter, the "Property "); and
WHEREAS, the Housing Authority of the City of Alameda and
the City of Alameda entered into a Regulatory Agreement for the use
of HOME Funds for such development which was recorded against the
Property; and
WHEREAS, the Housing Authority Board of Commissioners
have determined that the project is no longer financially feasible.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City
of Alameda that:
1. The Regulatory Agreement between the City of Alameda
and the Housing Authority of the City of Alameda entered into on
March 15, 1994 and amended on January 3, 1995 is hereby terminated;
2. Any and all use restrictions arising from this
agreement are removed from the Property, more particularly
described in Exhibit A attached hereto; and
3. The City Manager is authorized to execute all
required documents.
EXHIBIT "A"
The land referred to herein is situated in the County of Alameda, City of
Alameda, State of California, and is described as follows:
Beginning at a point of intersection of the Northern line of Santa
Clara Avenue, as the same now exists since the widening thereof, with the
Eastern line of Walnut Street, as said Street is shown on the Map herein
ref erred to, and running thence easterly along said line of Santa Clara
Avenue, 70 feet; thence Northerly and parallel with said line of Walnut
Street 107 feet; thence Westerly and parallel with said line of Santa Clara
Avenue 70 feet to said eastern line of Walnut Street; thence Southerly
along said line of Walnut Street 107 feet to the point of beginning.
Being a portion of Lots 1 and 2 in Block 34, as said lots and Bloc:
are shown upon that certain Map entitled "Map of Land Adjacent to the town
of Encinai, Alameda County, Cal. ", filed May 28, 1867 in Book 19 of Maps,
page 53, in the office of the County Recorder of Alameda County.
Assessor's Parcel No.: 071- 0219 -012
I, the undersigned, hereby certify that the foregoing Resolution
was duly and regularly adopted and passed by the Council of the
City of Alameda in regular meeting assembled on the 27th day of
October , 1995, by the following vote to wit:
AYES: Councilmembers Arnerich, DeWitt, Lucas,
Mannix and President APpezzato - 5.
NOES: None,
ABSENT: None,
ABSTENTIONS: None,
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the
official seal of said City this 18th_ day of October , 1995.
Diane'. Felsch, City Clerk
City of Alameda