HomeMy WebLinkAboutTC Res 2000-12-06 (9)
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RESOLUTION NO. 3456
A RESOLUTION OF THE TOWN COUNCIL OF THE
TOWN OF TIBURON ACCEPTING A BENEFICIAL
INTEREST IN A DEED OF TRUST TO SECURE A LOAN
TO THE TOWl"! MANAGER
WHEREAS, the Town has recently retained Alex McIntyre to serve as Town Manager; and
WHEREAS, in consideration of the said retention, the Town has agreed to fund a loan to the
Manager, to be secured by a second deed of trust recorded against the Manager's residence, located
at 151 Alice B. Toklas Place, No. 707, in San Francisco, CA ("Property");
WHEREAS, the Town Council of the Town ofTiburon has determined that it is in the public
interest that it accept conveyance of the beneficial interest in a deed of trust recorded against the
Property.
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town ofTiburon that
the Town of Tiburon accepts the interest in the Property conveyed by the deed of trust attached
hereto and incorporated herein by reference. The deed of trust shall be accepted by the Town Clerk
and shall be recorded with the Office of the County Recorder of San Francisco County.
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PASSED AND ADOPTED at a regular meeting of the Town Council of the Town ofTiburon
on December 6, 2000 by the following vote:
AYES:
COUNCILMEMBERS:
Thompson, Gram, Hermessy, Matthews,
NOES:
COUNCILMEMBERS:
None
ABSENT:
COUNCILMEMBERS: Bach
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ANDREW THOMPSON, MAYOR '7
Town ofTiburon
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