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411RESOLUTION NO. 1522 <br /> A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF <br /> A DEED CONCERNING LOT 15, 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 portion of Lots 1 and 2 <br /> of that part of the Rancho Purissima Concepcion, <br /> partitioned for Juana Briones, W. Matthews, R.F. <br /> Budges and T.B. Bishop, recorded in Book "A" of <br /> Maps, at Page 21, Santa Clara County Records , <br /> and consisting of Lots 1 to 20 , inclusive; and <br /> WHEREAS , Claudio S. Nicolosi, a married man, submitted a proposal <br /> to purchase Lot 1 and to pay the amount of $284 , 000 . 00 therefor subject <br /> to the terms and conditions contained in that certain "Real Estate <br /> Purchase Contract and Receipt for Deposit" dated January 11, 1983 , as <br /> modified by the Counter Offer dated and accepted on January 13 , 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 15 to Claudio S. Nicolosi for the purchase <br /> 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 15 is opened shall be <br /> instructed to pay out of the funds of Claudio S. Nicolosi deposited <br /> in escrow a real estate commission in an amount equal to six (6) <br />