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• <br /> • <br /> RESOLUTION NO. 1530 <br /> A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF DEED, <br /> AND ACCEPTING DEED OF TRUST AND AUTHORIZING RECORDATION <br /> THEREOF CONCERNING LOT 1, TRACT NO. 7187 ,. <br /> MATADERO CREEK SUBDIVISION <br /> RESOLVED, by the City Council of the City of the Town of Los <br /> Altos Hills, County of Santa Clara, State of California, that <br /> WHEREAS, the City of the Town of Los Altos Hills (herein called <br /> "CITY") is the owner of certain real property described as Matadero <br /> Creek Subdivision, namely: <br /> TRACT NO. 7187 , being a portion of Lots 1 and 2 of <br /> that part of the Rancho Purissima Concepcion, parti- <br /> tioned for Juana Briones, W. Matthews, R. F. Budges <br /> and T. B. Bishop, recorded in Book "A" of Maps , at <br /> Page 21, Santa Clara County Records, <br /> and consisting of Lots 1 to 20 , inclusive; and <br /> WHEREAS , Ramchandra S. Bhamre and Dolores V. Bhamre submitted a <br /> proposal to purchase Lot 1 and to pay the amount of $216 ,500. 00 therefor <br /> subject to the terms and conditions contained in that certain "Real <br /> Estate Purchase Contract and Receipt for Deposit" dated March 4 , 1983, <br /> NOW, THEREFORE, IT IS FOUND, ORDERED AND DETERMINED as follows : <br /> 1. The City Council hereby accepts the proposal described above <br /> and orders the sale of Lot 1 to Ramchandra S. Bhamre and Dolores V. <br /> Bhamre for the purchase price stated in the proposal. <br /> 2. The City Council further orders that the land title company <br /> with whom an escrow concerning the sale of Lot 1 is opened shall be <br /> instructed to pay out of the funds of Ramchandra S. Bhamre and Dolores <br /> V. Bhamre deposited in escrow a real estate commission in an amount <br />