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The certified copy of a portion of the minutes for the San Luis Obispo Buddhist Church Board of Directors meeting on May 7, 1962 states: "Noboru Soeda moved that Masaji Eto be authorized to negotiate sale of approximately 10-1/2 acres, being that northerly portion of lot 21 in the William Bebee Tract, for the sum of $33,600.00, terms to be arranged as follows: $9,000.00 down payment of which $3,000.00 deposited in Security First National Bank, San Luis Obispo, $6,000.00 payable into escrow within 90 days. Balance of $24,600.00 payable in monthly installments of $240.00 including interest at 6% per annum. Motion was seconded by Stone Saruwatari and unanimously carried."