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HomeMy WebLinkAbout837 4110 RESOLUTION NO. 837 RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF ADDENDUM TO AGREEMENT BETWEEN THE TOWN OF LOS ALTOS HILLS AND THE NATURE CONSERVANCY RESOLVED, by the City Council of the Town of Los Altos Hills, County of Santa Clara, State of California, that WHEREAS, the City Council of the Town of Los Altos Hills has read and considered that certain Addendum to Agreement between the Town of Los Altos Hills and The Nature Conservancy, a non-profit corporation of the District of Columbia, extending the date on which the option to purchase parcel No. 7 described in Agreement of Sale dated January 29, 1968, may be exercised from December 1, 1974 to and including March 31, 1975, NOW, THEREFORE, IT IS HEREBY FOUND, ORDERED AND DETERMINED, as follows: 1. Public interest and convenience require the entering into of an Addendum to Agreement described above, because although the Town of Los Altos Hills has applied for and received approval of the use of State Park Bond Funds to purchase parcel no. 7 , the Town has not yet executed an Agreement with the State of California relating to payment of such funds, and the exercise of the option to purchase parcel no. 7 prior to execution of said agreement would make the Town ineligible to use the State Park Bond Funds to pay the purchase price of parcel no. 7. 2. The Town of Los Altos Hills shall enter into and the Mayor and City Clerk of the Town of Los Altos Hills be, and they and each of them hereby is authorized and directed on behalf of said Town, 0 • • s. respectively, to execute and attest an Addendum to Agreement between the Town of Los Altos Hills and The Nature Conservancy, a non-profit corporation. 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 4th day of December, 1974. ✓ •/ City Clerk -2-