HomeMy Public PortalAboutResolution - 78-24- 19780913 - Thornewood Property ThorRESOLUTION NO. 78-24
RESOLUTION OF THE BOARD OF DIRECTORS OF THE
MIDPENINSULA REGIONAL OPEN SPACE DISTRICT
AUTHORIZING ACCEPTANCE OF AGREEMENT TO PURCHASE
REAL PROPERTY, AUTHORIZING OFFICER TO EXECUTE
CERTIFICATE OF ACCEPTANCE OF GRANT TO DISTRICT,
AND AUTHORIZING GENERAL MANAGER TO EXECUTE ANY AND
ALL OTHER DOCUMENTS NECESSARY OR APPROPRIATE TO
CLOSING OF THE TRANSACTION(THORNEWOOD PROPERTY)
The Board of Directors of The Midpeninsula Regional Open Space
District does resolve as follows:
Section One. The Board of Directors of the Midpeninsula Regional
Open Space District does hereby accept the offer contained in the
attached purchase agreement between The Sierra Club Foundation and the
Midpeninsula Regional Open Space District dated September 6, 1978, a
copy of which is attached hereto and by reference made a part hereof,
and authorized the President and appropriate officers to execute the
Agreement on behalf of the District.
Section Two. The President of the Board or other appropriate officer
is authorized to execute a certificate of acceptance to any deed(s)
granting title to said property.
Section Three. The General Manager of the District shall cause
to be given appropriate notice of acceptance to the seller. The
General Manager further is authorized to execute any and all other
documents in escrow necessary or appropriate to the closing of the
transaction.
Section Four. The General Manager of the District is authorized
to expend up to $5,000 to cover the cost of title insurance, escrow
fees, and other miscellaneous costs related to this transaction.
Section Five. As planned, the source of the funds for this
acquisition shall be the restricted reserve created by Resolution
No. 78-15 at the meeting of June 28, 1978, and the reserve(s)
created by said Resolution shall be diminished accordingly.
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RESOLUTION NO. 78-24
PASSED AND ADOPTED by the Board of Directors of the Midpeninsula
Regional Open Space District on September 13 , 19 78 at a
regular meeting thereof, by the following vote:
AYES: N. Hanko, E. Shelley, H. Turner, K. Duffy, D. Wendin,
B. Green and R. Bishop
NOES: None
ABSTAIN: None
ABSENT: None
ATTEST:
1--e4/141/ � L /b
Secretary, Board of Directors President, /hoard of Directors
APPROVED:
1, 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 date.
District Clerk