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E. The proposal of Falcon Dc_ve]opmo/d- Company was <br />considered and approved by the city Comh'~t on ~pril 10~ 1984 by <br />Resolution No. 84-181. <br /> <br />NOW, THERF;FC}RF,, ~ tie pal tj os ;tllroc! ,is 1:,>1 lows: <br /> <br />sell to Ptlrchasc-.r slid Ptil^c, hasel2 agrt-cs to pljrcy]la:;l! froill City, <br />upon the terms and condj t ions Hot. fur"! 11 her,!i n, .I [l that c.,rtai n <br />real property (herejnafter the "Property") Sitllclit~d ~[1 t}h~ County <br /> <br />of Alameda, State of California, described p E'.hibit "A' .~tt.,iched <br />hotel o and incorporated by reference her'ei n uont,a ini ng dl.pr<~xi- <br />mately 1.75 acres. <br /> <br /> 2. (2cn~s] derat: ion. Purchaser e;hn l] pay ):o C]ty the <br /> <br />sum of Seventy-five Thousand Do] lars ($'75,000.~0) ~.,,bich shall <br /> <br />,'cu~st itute t:ha ful 1 ,-cmtpcnf-;at:i~n dill} {:ity f{)l ,liP/ dnd d] ] clairns <br /> <br /> <br />