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Ordinance 2726CITY OF ALEDA. ORDINANCE NO. New Series 2726 APPROVING AND AUTHORIZING EXECUTION OF TIDELADS LEASE BETWEEN PACIFIC SHOPS, INC. AND THE CITY OF ALEDA WHEREAS, on July 7 , 1970, City Council approved Ordinance No. 1620 authorizing Lease of Real Property between Santa-Fe-Pomeroy, Inc. and the City of Alamed.a, that property being 3.501 acres located north of the northe2st line of Clement Avenue; and WHEREAS, on November 14, 1974, City Council Resolution No. 8292 Consenting to Assignment of Lease Bentzen of Real Property Held Under Lease by and between of Alameda and Santa-Fe Pomeroy, Inc.; and approvedto John the City WHEREAS, on February 21, 1984, City Council approved Resolution No. 10255 Consenting to Assignment of Lease to Pacific Shops, Inc. of Real Property Held Under Lease by and between the City of Alameda and John Bentzen; and WHEREAS, that Assignment of Lease was entered into on the 5th day of March, 1984; and WHEREAS, the term of the current lease expired on May 31 , 1995 and was extended on a month to month basis; and WHEREAS, a one year lease was entered into on October 18, 1995 and expires October 17, 1996; and WHEREAS, it is in the best interest of the City of Alameda to enter into a long term lease so that the property can be used forthe promotion, benefit and accommodation of commerce and navigation; and WHEREAS, pursuant to City Charter section 3 -, no real property of the City shall be leased for a period in excess of one year or sold, except upon the affirmative vote of four members of the City Council. NOW , THEREFORE, BE IT ORDAINED by the Council of the City of Alameda, upon the affirmative vote of four members of the Councilthat: Section 1 . The City Manager is hereby authorized and directed to execute for and on behalf of the City of Alameda, the lease on file in the Office of the City Clerk, between the City of Alameda and Pacific Shops, Inc., and the City Clerk is directed to attest to the same. Section 2 This ordinance shall be in full force and effect upon the latter of the expiration of thirty (30) days from the date of its final passage. 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 18th day of June 1996, by the following vote to wit: AYES:Councilmembers Arnerich, DeWitt, Lucas and Mannix - NOES:President Appezzato - 1. ABSENT:None. ABSENTENTIONS:None. IN WITNESS, WHEREOF , I have hereunto set my hand and affixed the official seal of said City this 19th day of June , 1996.