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CITY COUNCIL <br />TOM OF IAS ALTOS HILLS <br />26379 Fremont Road <br />Los Altos Hills, California <br />u m. • • a is Y�' <br />Friday, March 11, 1983 <br />cc: Reel 142, Tr. I, Side I, 645-782 <br />Mayor Perkins called the Special Meeting of the City Council to order at 4:00 p.m. <br />in the Council Chambers of Town Hall. <br />A. ROLL CALL: <br />Present: Mayor Perkins and Councihnmbers Allison, Proft and van Tamelen <br />Absent: Councilwiman Hillestad <br />Staff: City Manager Ann Hinshaw, City Attorney Frank Gillio and City Clerk <br />Pat Dowd <br />Press: Ed Hering, San Jose Mercury <br />B. MATADERO CREEK SUBDIVISION - OFFERS ON LOTS AND RELATED MATTERS: <br />1. Lot #6 <br />MMbblfe Fox & Carskadon, presented an offer on Lot #6 of $189,000, with <br />nand a close of escrow thirty days after acceptance. <br />M:YrION SEODMED AM CARRIED: moved by Allison, seconded by van Tamelen and passed <br />unanimously by all members present to adopt Resolution #1534 accepting proposal <br />and ordering sale of real property, directing payment of real estate oamiission, <br />authorizing execution and delivery of deed, and accepting deed of trust and author- <br />izing recordation thereof concerning Lot #6, Tract No. 7187, Matadero Creek Sub- <br />division, subject to buyer acknowledging he has received and accepts all items set <br />out in paragraph #6 (addenda) of his deposit receipt. <br />2. Lot #16 <br />mAolfe, Fox & Carskadon, reported that Council bad before then a request <br />extension o not more than five Forking days for the close of escrow date <br />on lot #16. <br />MOTION swamED AND CARRIED: moved by Allison, seconded by van Tamelen and passed <br />unanimously by all members present to grant buyer a maximum five working day <br />extension from March 15 to close of escrow subject to payment of interest pro rata <br />on a daily basis as calculated by the City Manager (interest based on purchase price) <br />3. Lot #14 <br />Jackye Nblfe, Fox & Carskadon, noted that the close of escrow for lot #14 was <br />s ed or Mar 26 was a Saturday. It was their recamiendation that <br />the closing date be changed to March 28. <br />MOTION SEEDmIDED AND CARRIED: Moved by Proft, seconded by van Tamelen and passed <br />unanimously by all members present to change the close of escrow date for lot #14 <br />to March 28. <br />