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LOSALTOSHILLS
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734
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Last modified
4/29/2016 2:53:30 PM
Creation date
4/29/2016 2:52:47 PM
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Resolutions
Number
734
Date
1973-12-05
Description
Authorizing Exercise of Option to Purchase Real Property and Ordering Payment of Money, and Approving and Authorizing Execution of Lease of Real Property Between the Town of Los Altos Hills and the Nature Conservancy
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v <br /> RESOLUTION NO. 734 <br /> RESOLUTION. AUTHORIZING EXERCISE OF OPTION TO PURCHASE REAL <br /> PROPERTY AND ORDERING PAYMENT OF MONEY; AND APPROVING AND <br /> AUTHORIZING EXECUTION OF LEASE OF REAL PROPERTY BETWEEN <br /> THE TOWN OF LOS ALTOS HILLS AND THE NATURE CONSERVANCY <br /> RESOLVED, by. the City Council of the Town of Los Altos Hills, <br /> County of Santa Clara, State of California, that <br /> WHEREAS, the City Council of the Town of Los Altos Hills entered <br /> into an Agreement of Sale dated January 29, 1968 with THE NATURE <br /> CONSERVANCY, wherein the Town of Los Altos Hills purchased two parcels <br /> of land and was given the right to lease the remaining eight parcels <br /> comprising the Byrne Preserve, together with the option to purchase <br /> such additional parcels on an annual basis; and <br /> WHEREAS, the City Council desires to exercise the option of <br /> the Town of Los Altos Hills to purchase Parcel Six for a purchase <br /> price of $10, 000, and to enter into a Lease of Parcels Seven and <br /> Eight, <br /> NOW, THEREFORE, IT IS HEREBY FOUND, ORDERED AND DETERMINED as <br /> follows: <br /> 1. Public interest and convenience require, and the Town of Los <br /> Altos Hills acting by and through its City Council hereby exercises <br /> its option to purchase Parcel Six of the Byrne Preserve for a purchase <br /> price of $10,000. <br /> 2. The Mayor be and he hereby is authorized and directed on <br /> behalf of the Town to execute and cause to be delivered a Notice of <br /> Intention to Exercise Option. The appropriate officer of the Town is <br /> authorized and directed to cause the sum of $10,000 to be deposited in <br />
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