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To vacate a portion of the plat of the subdivision of land known as Alvista Heights that is, a part of Lot 24, and Lots 25, 26, and 27 inclusive in Block D, as shown on the plan recorded in the Clerk's Office of the Circuit Court of the City of Richmond, John Marshall Courts Building in Plat Book 3, at page 164, said properly lying wholly within the City of Richmond being located at the intersection of the south right of way line of Bancroft Avenue and the west right of way line of Alvis Avenue, fronting an aggregate distance of 181.73 feet on Bancroft Avenue and 151.89 feet on Alvis Avenue, the parcel to be vacated being bounded on the west by a 15-foot alley and on the south by a 20-foot alley, upon certain terms and conditions.