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CITY OOUNCIL MINUTES - March 24, 1983 <br />B. MATADERO CREEK SUBDIVISION - OFFERS ON LOTS AfID RELATED NATTERS: Lot #3 (continued) <br />Council discussed the five percent discount taken by the buyer for the down - <br />payment and van Tamelen expressed serious concerns about this discount. In <br />her opinion, five percent was not correct; the amount of discount should be <br />less in view of the amount of downpayment. <br />MOTION SECONDEO AND CARRIED: Moved by Allison, seconded by Perkins and passed <br />by the following roll call vote to adopt Resolution #1539 accepting proposal and <br />ordering sale of real property, directing payment of real estate camdssion, author- <br />izing execution and delivery of deed, and accepting deed of trust and authorizing <br />recordation thereof concerning Lot #3, Tract No. 7187, Matadero Creek Subdivision. <br />AYES: Mayor Perkins and Councilmmbers Allison, Hillestad and Proft <br />NOES: Councilwoman van Tamelen <br />For information purposes Jackye Wolfe reported that, after conversations with <br />the City Attorney, it was agreed that all promissory notes would contain a due <br />on sale clause. <br />Mr. Thomas Miles, owner of Lot #13, commented to the Council that he was looking <br />forward to living in Los Altos Hills. <br />(*see below) <br />MOTION SBOOMED TM CARRIED: Moved by Allison, seconded by Hillestad and passed <br />unanimously to direct the City Attorney to prepare a resolution cainending Fox & <br />carskadon for doing an excellent jab regarding Matadero Creek with particular <br />appreciation expressed to Jackye Wolfe and Jean Cleaver. <br />C. AWOUR[TME: <br />There being no further new or old business to discuss, the City Council adjourned <br />at 4:35 p.m. <br />Respectfully submitted, <br />Patricia DUA, City Clerk <br />*For the record it should be noted that with the sale of Lot #3, all tconty <br />lots in the Matadero Creek Subdivision have now been sold. (ADDED BY NUVCIL <br />4/6/83) <br />-2- <br />