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411 • <br /> RESOLUTION NO. <br /> 1524 <br /> A RESOLUTION ACCEPTING PROPOSAL AND ORDERING SALE OF <br /> REAL PROPERTY, DIRECTING PAYMENT OF REAL ESTATE COMMISSION, <br /> AUTHORIZING EXECUTION AND DELIVERY OF DEED, AND ACCEPTING <br /> DEED OF TRUST AND AUTHORIZING RECORDATION THEREOF CONCERNING <br /> LOT 5 , TRACT NO. 7187 , MATADERO CREEK SUBDIVISION <br /> RESOLVED, by the City Council of the City of the Town of Los Altos <br /> 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 that <br /> part Of the. Rancho Purissima Concepcion, partitioned for <br /> Juana Briones, W. Matthews, R. F. Budges and T. B. Bishop, <br /> recorded in Book "A". of Maps, at Page 21, Santa Clara <br /> County Records, <br /> and consisting of Lots 1 to 20, inclusive; and <br /> WHEREAS; 'James G. Barrow and. Leslie L. Barrow have submitted a <br /> proposal to purchase Lot 5 and to pay the amount of $220, 000 . 00 <br /> therefor subject to the City Council approving the proposed financing <br /> of payment of the unpaid balance of the purchase price prior to the <br /> close of escrow, and subject to the terms and conditions contained in <br /> that certain "Real Estate Purchase Contract and Receipt for Deposit" <br /> dated January 19 , 1983, and Counter Offer dated January 24, 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 5 to James G. Barrow and Leslie L. Barrow <br /> for the purchase price stated in the proposal. <br />