HomeMy WebLinkAboutRES 1972-13 - Board RESOLUTION NO, 72-13
OF
TRUCKEE-DONNER PUBLIC UTILITY DISTRICT
AUTHORIZING EXECUTION OF QUITCLAIM DEED
ON SALE OF SURPLUS REAL PROPERTY
WHEREAS, the Board of Directors of Truckee-Donner Public
Utility District heretofore, pursuant 'to its Resolution No. 7127 ,
duly caused to be given and made a Notice of Sale at public auction
of real property, more particularly described in said Resolution,
and
WHEREAS , pursuant to said Resolution and notice of sale
thereon in accordance with the Notice to Bidders , Instructions to
Bidders , and Bid Form, t-he District duly received. on November 16 ,
1971 , bids for the sale of said real property, and
i
WHEREAS , the bid of Dr. Keith in the amount of $5 ,001. 00 was
the highest and best bid received for said real property, pursuant
to said notice , and
�THEREAS , the purchaser, Dr. Herbert A. Keith, has paid in
full the bid price in the following manner: Payment of an initial
deposit with bid of $500. 10, and subsequent payment of the bid
price in cash in the amount of $4,500. 90 , making total aggregate
payment of $5 ,001 . 00:
NOW THEREFORE, BE IT RESOLVED BY "ME BOARD OF DIRECTORS OF
TURCKEE-DONNER PtTBLI C Ur"I LT TY DISTRICT AS FOLLOWS:
1 . That the sale of real property' heretofore declared surplus ,
pursuant to Resolution No . 7127 of the Board of Directors , and
in accordance with the Notice of Sale, Instructions to Bidders ,
and Bid Forms , and related documents applicable to said sales
transaction, is confirmed to Dr . Herbert A. Keith, being the high-
est and best bidder for said property, and said purchaser having
paid the full purchase price in cash;
2 . That the. President is hereby authorized and directed to
duly execute and deliver to said purchaser a Quitclaim Deed
a
page 2 19
rv.
RESOLUTION NO. 72-13 (continued)
transferring title
in accordance with the provisions of the
Resolution hereinabove referred to, and the terms , conditions,
and provisions of sa
le, said Quitclaim to be in substantial
coy a
conformity with co thereof attached hereto, marked Exhibit
copy
"A" and by this reference incorporated herein.
3. That upon execution and delivery of said Quitclaim Deed
,
to the purchaser, said sale shall be deemed concluded, and the
bids of all other purchasers other than the bid and purchase by
Dr. Herbert A. Keith are deemed rejected*
Passed and adopted by the Board of I Directors of Truckee-
Donner Public UtilityDistrict at a regular meeting thereof
duly called and held in the District on the 16 th day of May�
197211 by the following vote:
AYES: P.. Anderson ,
I I. 1,oe},-�r '. N. Stone ,
NOES: k1. Waters s
ABSENT: , •
TRUCKEE-DONNER PUBLIC UTILITY DISTRICT
B Y:
President of the Board of.-Directors
ATTEST
f K
Clerk thereof
page 220
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