|
• •
<br /> No. 7187 in order to secure funds 'with which, to. pay the unpaid balance
<br /> of the purchase price (and interest) of the PROPERTY; and
<br /> WHEREAS, the. TOWN, which is authorized .to dispose of real property
<br /> which it owns for the common benefit, has obtained an appraisal of
<br /> the fair market value of Lots 1 to 20 , inclusive,
<br /> NOW, THEREFORE, the City Council of the City of the Town of Los
<br /> Altos Hills DOES HEREBY RESOLVE AND ORDER, as follows:
<br /> . 1. The City Council hereby finds and determines that it would be
<br /> in the best interest of and for the benefit of the TOWN and its inhabi-
<br /> tants to sell Lots 1, 2, 3 , 4 , 5 , 6 ; 7 , 8 , 9, 11, . 13 , 14 , 15, 16 ,
<br /> 18 , 19 and 20 of the PROPERTY, and hereby declares its intention to
<br /> sell said lots.
<br /> 2 . The City Clerk of the TOWN is hereby directed to. cause to be
<br /> posted in three (3) public places in the TOWN, and to publish once in
<br /> the PENINSULA TIMES-TRIBUNE,- a newspaper of general. circulation pub-
<br /> lished nearest to the TOWN and circulated in the TOWN, a Notice
<br /> Inviting Sealed Bids to purchase any one or more than one of Lots 1,
<br /> 2 , 3, 4 , 5, 6 , 7 , 8 , 9 , '11', 13, 14 , 15, 16 , 18 , 19 and 20 of Tract
<br /> No. 7187 .
<br /> 3 . Said sealed bids shall be delivered to the City Clerk of the
<br /> TOWN at the Town Hall, 26379 Fremont Road, Los Altos Hills, California,
<br /> on or before 7 : 30 o 'clock p.m. on Wednesday, July 7 , 1982. Bids will
<br /> be publicly opened, examined and declared before the City Council at
<br /> its meeting on Wednesday, July 7 , 1982 , in the Council Chambers, Town
<br /> Hall, Los Altos Hills, California. The Mayor will 'then call for oral
<br /> bidding. Following the July 7 , 1982 bid opening, sealed bids will be
<br /> -2-
<br />
|