HomeMy Public PortalAboutResolution - 01-31- 20011212 - McKannay Purchase REsomnoN No. 01-31
PASSED AND ADOPTED by the Board of Directors of the Midpeninsula Regional Open Space
District on December 12, 2001, at a regular meeting thereof, by the following vote:
AYES: P. Siemens, D. Ld ttee, M. Davey, N. Hanko, K. N.c tz, J. Cytc L. Hazzett
NOES: none
ABSTAIN: none
ABSENT: none
ATTEST: APPROVED:
es ecr Pri ent
B rd of Directors Board of Directors
I, the District Clerk of the Midpeninsula Regional Open Space District, hereby certify that
the above is a true and correct copy of a resolution duly adopted by the Board of Directors of
the Midpeninsula Regional Open Space District by the above vote at a meeting thereof duly
held and called on the above day.
Dist erk
RESOLUTION NO. 0 1-31
RESOLUTION OF THE BOARD OF DIRECTORS OF
MIDPENINSULA REGIONAL OPEN SPACE DISTRICT
AUTHORIZING ACCEPTANCE OF FINANCING
AMENDMENT TO PURCHASE AGREEMENT-
BARGAIN SALE, AND AUTHORIZING GENERAL
MANAGER TO EXECUTE ANY AND ALL OTHER
DOCUMENTS NECESSARY OR APPROPRIATE TO
CLOSING OF THE TRANSACTION(SIERRA AZUL
OPEN SPACE PRESERVE—LANDS OF McKANNAY)
The Board of Directors of Midpeninsula Regional Open Space District does resolve as follows:
Section One. The Board of Directors of Midpeninsula Regional Open Space District does hereby
accept the attached Financing Amendment to Purchase Agreement-Bargain between the Richard H.
McKannay Trust dated April 10, 1994 and Midpeninsula,Regional Open Space District, a copy of which
is attached hereto and by reference made a part hereof, and authorizes the President or appropriate
officers to execute the Financing Amendment to Purchase Agreement-Bargain Sale on behalf of the
District.
Section Two. This Financing Amendment is incorporated into that certain purchase Agreement-Bargain
Sale dated October 24, 2001 as approved by Resolution 01-26 of the Board of Directors. All of the
remaining terms and conditions of said Purchase Agreement-Bargain Sale remain in full force and effect.
Section Three. The General Manager of the District shall cause to be given appropriate notice of
acceptance to the seller. The General Manager is further authorized to execute any and all other
documents in escrow necessary or appropriate to the implementation or closing of this transaction.