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RESOLUTION NO. 1389
RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF AN
AGREEMENT BETWEEN THE CITY OF THE TOWN OF LOS ALTOS
HILLS AND ALAN G. LAMBERT
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 Agreement between the
City of the Town of Los Altos Hills and Alan G. Lambert, wherein
the Town agrees to purchase certain real property described in the
Agreement and pay to Alan G. Lambert as the purchase price therefor
the sum of Two Hundred and Sixty Thousand Dollars ($260,000.00) ,
NOW, THEREFORE, IT IS HEREBY FOUND, ORDERED AND DETERMINED as
follows:
1. Public interest and convenience require the purchase and
acquisition of the real property described in the Agreement for
open space purposes and to add the property to the existing Byrne
Park Open Space Reserve.
2. Based upon an appraisal of the property, the proposed
purchase price of Two Hundred and Sixty Thousdnd Dollars ($260,000.00) is
the reasonable market value of the real property described in the
Agreement.
3 . Public interest and convenience require that the Town enter
into the Agreement described above, and the City of the Town of Los
Altos Hills hereby approves the Agreement and the purchase of the
real property described therein.
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4. The Town shall enter into and the Mayor and the City Clerk
of the Town be, and they and each of them hereby is authorized and
directed on behalf of said Town, respectively, to execute and attest
the above-described Agreement between the City of the Town of Los
Altos Hills and Alan G. Lambert.
REGULARLY passed and adopted this 21st day of October , 1981.
By , ��
Mayor
ATTEST:
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City Clerk
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