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12/4/2015 3:51:34 PM
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Resolutions
Number
1495
Date
1982-11-03
Description
Accepting Proposal and Ordering Sale of Real Property, Directing Payment of Real Estate Commission, Authorizing Execution and Delivery of Deed, and Accepting Deed of Trust and Authorizing Recordation Thereof Concerning Lot 20, Tract No. 7187, Matadero Creek Subdivision
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110 <br /> 2. The City Council further orders that the land title company <br /> with whom an escrow concerning the sale of Lot 20 is opened shall be <br /> instructed to pay out of the funds of Michael Del Castello deposited <br /> in escrow a real estate commission in an amount equal to six (6) per- <br /> cent of the selling price in accordance with the Agreement dated S <br /> September 1, 1982, between the City of the Town of Los Altos Hills <br /> and Fox & Carskadon, Inc. , a corporation. <br /> 3. The City of the Town of Los Altos Hills shall enter into and <br /> the Mayor and City Clerk thereof be, and they and each of them hereby <br /> is authorized and directed on behalf of said City, respectively, to <br /> execute and attest a Deed wherein Lot 20 is conveyed to Michael Del <br /> Castello, a single man, and to deliver the Deed in accordance with <br /> the terms and provisions of the proposal. <br /> 4. The Note for the unpaid balance of the purchase price of Lot <br /> 20 executed by Michael Del Castello, together with the Deed of Trust <br /> in which the abovenamed buyer is named as Trustor and the City is named <br /> as Beneficiary, be and each of them is hereby accepted, and the City <br /> Clerk of the City be , and she hereby is directed and ordered to cause <br /> said Deed of Trust to be recorded in the Office of the Recorder of <br /> the(C:illailte of California. <br /> • <br /> REGULARLY passed and adopted this 3rd day of November , 1982. <br /> By <br /> ATTEST ' Mayor <br /> City Clerk <br />
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