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RESOLUTION NO. 1437
A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY
OF DEED, AND ACCEPTING DEED OF TRUST AND.
AUTHORIZING RECORDATION THEREOF CONCERNING LOT 10,
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, partitioned 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, pursuant to a Notice inviting sealed bids for the pur-
chase of Lots 1 to 20, or any of them, which was duly posted and pub-
lished, the sealed bids received for said lots were opened and exam-
ined and declared before the City Council at its meeting held on Wed-
nesday, April 21, 1982, following which oral bids were solicited for
said lots; and.
WHEREAS , the highest written bid received for Lot 10, no oral
bids for said Lot having been made , was, the bid of D. F. COOPER and
R. M. COOPER, his wife, in the amount of Two Hundred Fifty Thousand
Five' Hundred One Dollars ($250 ,501.00) , said bidder having elected
to pay the purchase price in installments; and
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WHEREAS , the City Council on April 21, 1982 accepted the bid
described above and ordered the sale of Lot 10 to the above-named
bidder ,
NOW, THEREFORE, IT IS FOUND, ORDERED AND DETERMINED as follows :
1 . The City of the Town of Los Altos Hills shall enter into and
the Mayor and the 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 10 is conveyed to D. F. COOPER
and R. M. COOPER, as community property, and to deliver the Deed in
accordance with the terms and provisions of the bid of the above-named
bidder and Resolution No. 1428, adopted by the City Council on March
18 , 1982, respectively.
2. The Note for the unpaid balance of the purchase price of Lot
10 executed by the above-named bidder , together with the Deed of Trust
in which the above-named bidder is named as Trustor and the City is
named as Beneficiary, be and each of them is hereby accepted, and the
City Clerk of the City be, and he hereby is directed and ordered to
cause said Deed of Trust to be recorded in the Office of the Recorder
of the County of Santa Clara, State of California.
REGULARLY passed and adopted this 19th day of May . , 1982.
By
ATTEST:
Mayor �'
City C erk
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