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RESOLUTION NO. 1538
A RESOLUTION ACCEPTING PROPOSAL AND ORDERING SALE OF
REAL PROPERTY, DIRECTING PAYMENT OF REAL ESTATE COMMISSION,
AUTHORIZING EXECUTION AND DELIVERY OF DEED CONCERNING
LOT 13, TRACT NO. 7187 , MATADERO CREEK SUBDIVISION
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 of the Town of Los Altos Hills (herein called
"CITY") is the owner of certain real property described as Matadero
Creek Subdivision, namely:
TRACT NO. 7187, being a portion of Lots 1 and 2 of
that part of the Rancho Purissima Concepcion, parti-
• tioned for Juana Briones, W. Matthews, R. F. Budges
and T. B. Bishop, recorded in Book "A" of Maps , at
Page 21 , Santa Clara County Records,
and consisting of Lots 1 to 20 , inclusive; and
WHEREAS, Thomas P. Miles and Janice C. Miles have submitted a
proposal to purchase Lot 13 and to pay the amount of $252 , 000. 00
therefor, subject to the terms and conditions contained in that
certain "Real Estate Purchase Contract and Receipt for Deposit"
dated March 24 , 1983,
NOW, THEREFORE, TT IS FOUND, ORDERED AND DETERMINED as follows:
1. The City Council hereby accepts the proposal described above
and orders the sale of Lot 13 to Thomas P. Miles and Janice C. Miles
for the purchase price stated in the proposal.
2. The City Council further orders that the land title company
with whom an escrow concerning the sale of Lot 13 is opened shall be
•
instructed to pay out of the funds of Thomas P. Miles and Janice C.
Miles deposited in escrow a real estate commission in an amount equal
to six (6) percent of the selling price in accordance with the Agree-
ment dated September 1, 1982 , between the City of the Town of Los
Altos Hills and Fox & Carskadon, Inc. , a corporation.
3. The City of the Town of Los Altos Hills shall enter into and
the Mayor and City Clerk thereof be, and they and each of them hereby
is authorized and directed on behalf of said City, respectively, to
execute and attest a Deed wherein Lot 13 is conveyed to Thomas P.
Miles and Janice C. Miles, and to deliver the Deed in accordance with
the terms and provisions of the proposal.
REGULARLY passed and adopted this 24th day of March, 1983.
By
Mayor
ATTEST:
City Clerk
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