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HomeMy WebLinkAbout1515 • RESOLUTION NO. 1515 A RESOLUTION ACCEPTING PROPOSAL AND ORDERING SALE OF REAL PROPERTY, DIRECTING PAYMENT OF REAL ESTATE COMMISSION, AUTHORIZING EXECUTION AND DELIVERY OF DEED-CONCERNING LOT. 18 , 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, Gary B. Filler has submitted a proposal to purchase Lot 18 and to pay the amount of $288 , 000. 00 therefor subject to the terms and conditions contained in that certain "Real Estate Purchase JContract and Receipt for Deposit" dated November 16, 1982 , NOW, THEREFORE, IT IS FOUND, ORDERED AND DETERMINED as follows: 1. The City Council hereby accepts the proposal described above and orders the sale of Lot 18 to Gary B. Filler for the purchase price stated in the proposal; provided, however, that the "Covenants, Conditions and Restrictions, as amended to date" shall be included in Paragraph 6 entitled "Addenda" , • 111 2. The City Council further orders that the land title company with whom an escrow concerning the sale of Lot 18 is opened shall be instructed to pay out of the funds of Gary B. Filler deposited in escrow a real estate commission in an amount equal to six (6) percent of the selling price in accordance with the Agreement 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 18 is conveyed to Gary B. Filler, a married man, and to deliver the Deed in accordance with the terms and provisions of the proposal. REGULARLY passed and adopted this 22nd day of December, 1982. By Mayor ATTEST: Acting Ci Clerk -2-