Loading...
HomeMy WebLinkAbout998 • RESOLUTION NO. 998 RESOLUTION AUTHORIZING EXERCISE OF OPTION TO PURCHASE REAL PROPERTY AND ORDERING PAYMENT OF MONEY WHEREAS, in the opinion of the City Council of the City of the Town of Los Altos Hills public interest, welfare and convenience require that it exercise an Option to Purchase the real property described in Exhibit "A" ; attached hereto, and pay the purchase price specified therein, NOW, THEREFORE, BE IT ,RESOLVEDas follows : That the City of the Town. of Los Altos Hills exercise an Option to Purchase Real Prbperty executed by Elsie Wright and purchase the real property described in Exhibit "A" and pay the purchase price specified therein,to wit: $4 ,500. 00 . That the Mayor and the City Clerk be, and they are hereby directed and authorized to execute and attest, respectively, on behalf of the City of the Town of Los Altos Hills , the acceptance and 'exercise of said option. • That the City Manager is authorized and directed to cause the sum of $4 ,500. 00 to be deposited in escrow,with a title company to be selected by the City Manager, to be paid upon the delivery of a Grant Deed conveying the property described therein to the City of the Townof Los 'Altos Hills and that the 'City Attorney be and he is hereby authorized and directed to take all action necessary to acquire title to the real property described in Exhibit "A" . REGULARLY passed and adopted this 6th day of October, 1976 . ATTEST: / Mayor i er • • • • Resolution #998 I HEREBY CERTIFY that the foregoing Resolution was passed and adopted at a regular meeting of the City Council of the Town of Los Altos Hills held on the 6th day of October, 1976 . ii-12,44_,A; City C frk -2- e • 6- 3--0 Resolution #998 10/23/73 WI-IM • • EXHIBIT "A" DESCRIPTION OF. LAND TO BE ACQUIRED. FROM ELSIE WRIGHT All that certain real property situate in the TOWN OF LOS ALTOS HILLS,' SANTA CLARA COUNTY CALIFORNIA more particularly described as follows; COMMENSING at Station 60 on Elena Road, formerly Marion Avenue, as said station and Avenue are shown on that certain map entitled , "Map . of the subdivision of Lot 2 and a part of Lot 1 of the Taaffe Partition in the Rancho La Purissima Concepcion, as recorded in Book H of Maps at pages 76 and 77, records of Santa Clara County, California; thence from • said point of commencement along the center line at Elena Road , formerly Marion Avenue , North 67° 52' East 20. 605 feet; thence leaving said center line North 8° 13' West 20. 05 feet to a point in the right of way line of Elena Road, formerly, Marion Avenue , thence along said right of way line • North 8° .13' West 100. 00 feet; thence leaving said right of way line South 65° 36' East.125 . 00 feet; thence South 41° 00' East 59.46 feet to the right of way ' Y line at Elena Road, formerly Marion Avenue; thence along the last named. line the following courses and distances North 72° 28' West 78.21 feet and South 67° 52' West 69 .066 feet to the point of beginning and containing 0:153 acres . • • •