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RESOLUTION NO. 61-86 J.7 2.4 PAGE 17.7 2 ..
A_ RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF
ASSUMPTION AND ASSIGNMENT AGREEMENT BETWEEN THE CITY
OF THE TOWN OF LOS ALTOS HILLS AND YOAB Y. GEORGE
f I`''' 't AND NAPUBA S . .GEORGE AND CHARLES T. KAO. AND S AVINA J.
� � F� KAO, AND ORDERING 'RECORDATION THEREOF
RESOLVED, by 'the City Council of the City of the Town of Los
Altos Hills, County of Santa Clara, State of California, that
WHEREAS, the City .Council of the City of .the Town of Los Altos
Hills has read and considered that certain ASSUMPTION. AND ASSIGNMENT
AGREEMENT herein called the "AGREEMENT, " between the City of the
Town of Los Altos Hills and YOAB Y. GEORGE and NAJIBA S. GEORGE, his
wife, and CHARLES T. KAO and SAVINA J. KAO, his wife, concerning
approval of the sale of Lot 16 in Matadero Creek Subdivision and
the assumption of the existing Promissory Note by the purchaser of
Lot 16 , among other conditions ,
NOW, THEREFORE, IT IS HEREBY FOUND, ORDERED AND DETERMINED as
follows:
1. Public interest and convenience require the entering into of
the Agreement, and the City of the Town of Los Altos Hills, hereby
approves the Agreement.
2 . The City of the Town of Los Altos Hills shall enter into and
the Mayor and the City Clerk of the City of the Town of Los Altos
Hills be, and they and each of them hereby is authorized and directed
.` on behalf of said City, respectively, to execute and attest the Agree-
d
ment.
3 . The Agreement be, and it hereby is accepted and the City
Clerk of the City of the Town of Los Altos Hills be, and she hereby
is directed and ordered to cause said Agreement to be recorded in the
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8817507
_ i724PAGE
7Si
REC FEE IR]
Recorded at the Request of
RMF , fie
First American Title Guaranty Co.
MICRO r i ,JUN 12 1986 A M
1I' SUil
LIEN NOT - NE Recorder
SMPF LAURIE KANE
Santa Clara County,Official Records
PCOIt .
J 7-24PAGE1 T 2 2
J 724PAGE 1773
Officeof the Recorder of the County of Santa Clara, State of Calif-
ornia. -
- . REGULARLY..passed and adopted this 7th day of May, 1986.
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. BY /�� ,
MAYOR
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ATTEST:
CITY CL RK
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Reso.. #61-86/page .2
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