City Council Minutes
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7/21/2015 3:46:59 PM
Special Meeting Minutes
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CITY COUNCIL <br />TOWN OF LOS ALTOS HILLS <br />26379 Fremont Road <br />Los Altos Hills, California <br />MINUTES OF A SPECIAL MEETING <br />Wednesday, February 9, 1983 <br />Mayor Perkins called the Special Meeting of the City Council to order <br />at 3:35 p.m. in the Town Hall Council Chambers. <br />A. ROLL CALL: <br />Present: Mayor Perkins and Councilmembers Allison and Hillestad <br />Absent: Councilxs Proft and van Tamelen <br />Staff: City Manager Ann Hinshaw, City Attorney Frank Gillio <br />and Secretary Leslie Mullins <br />Press: Ed Herring, San Jose Mercury <br />B. MATADERO CREEK LOT SALES: <br />Ms. Jacque Wolfe, Fox & Carskadon informed the City Council <br />the buyersfor Lot #1 are now unable to purchase; deal has fallen <br />through and the buyer for Lot #6 did not accept the counter <br />offer. <br />Ms. Wolfe informed the Council the buyer for Lot #11 has made a <br />kAr counter offer to close on April 18, one week earlier than he pre- <br />viously offered. Ms. Wolfe briefly explained the buyers financial <br />status to council. <br />Councilman Allison expressed his concern that by allowing the <br />buyer to close on April 18th, this extension of time would cost <br />the Town around $3,100 in interest. <br />Ms. Wolfe indicated that the Council has previously given 60 day <br />closures, and that this is an all cash offer. <br />Mr. Bob Taylor, Fox & Carskadon, representing the buyer,informed <br />council that the buyer is in the process of refinancing property <br />in Texas and gave council a brief description of the buyers <br />financial situation. <br />MOTION SECONDED AND CARRIED: Moved by Hillestad, seconded by <br />Allison and passed unanimously to accept counter offer and <br />adopt Resolution authorizing execution and delivery of deed, and <br />accepting deed of trust and authorizing recordation thereof con- <br />cerning Lot #11, Tract No. 7187, Matadero Creek Subdivision. <br />C. ADJOURNMENT: <br />There being no further new or old business, the meeting was <br />adjourned at 3:50 p.m. <br />Respectfully submitted, <br />Leslie Mullins <br />Engineering/Planning Secretary <br />
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