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411 <br /> • <br /> RESOLUTION NO. 1521 <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 14 , 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 <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, Norvil L. Dunwoody and Donna B. Dunwoody have submitted <br /> a proposal to purchase Lot 14 and to pay the amount of $290 , 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 /> and Addendum, dated January 19 , 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 14 to Norvil L. Dunwoody and Donna B. <br /> Dunwoody 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 14 is opened shall be <br />