Laserfiche WebLink
RESOLUTION .2001- 80 <br />RESOLUTION OF THE TOWN COUNCIL <br />OF THE TOWN OF LOS GATOS <br />APPROVING FINAL MAP OF TRACT N0.9360, <br />ACCEPTING THE_DEDICATIONS AND <br />AUTHORIZING THE TOWN MANAGER TO .SIGN THE CONTRACT <br />WHEREAS, on April 11, 2001., the Planning Commission of the'Town of Los Gatos <br />approved the Tentative Map Application M-01-3, with conditions; and <br />WHEREAS, those conditions required the Owner or Subdivider to do the following: <br />That prior to the delivery of said Map to the Owner of said subdivision, and prior to its <br />recordation, the Owner or Subdivider of said subdivision shall enter into and execute an <br />agreement between the Town of Los Gatos and the said Owner or Subdivider on that <br />certain proposed Subdivision Agreement on file in the Office of the Town Clerlc, .entitled, <br />"Contract for the Improvement of Tract No. 9360", wherein the Owner or Subdivider in <br />consideration of the approval of said 1VIap by the Town and acceptance by the Town of <br />the dedication of lands for public use therein contained, shall agree to construct and <br />complete, within the time specified in said agreement, all street and other improvements <br />required of Owner or Subdivider under the provisions in Chapter 27 of the Code of the <br />Town of Los Gatos, and such other street, sewer, or other improvements. designated or <br />mentioned in said agreement and/or and as specified in the Plans. and Specifications for <br />Tract No. 9360. <br />2. That said Owner or Subdivider shall, before the release of said Final Map to Owner of <br />Record,. and as a condition precedent to the recordation thereof, furnish to the Town and <br />file with the Town Clerlc cash, or agood and sufficient bond in form to be approved by <br />the Town Attorney, securing the faithful performance by said Owner or Subdivider of all <br />work, and the construction of all improvements herein in this agreement .mentioned, and <br />within the time herein specified, the amount of cash or said bond to be Twenty-five <br />Thousand and 00/100 Dollars ($25,000). <br />That said Owner or .Subdivider shall, before the release of said Final Map to Owner of <br />Record, and as a condition precedent to the recordation thereof, furnish to the Town and <br />file with the Town Clerk certificates or policies of public liability and property damage <br />insurance in form satisfactory to the Town .Attorney, providing public liability insurance <br />in the amount of Five Hundred Thousand ($500,000..00) Dollars for each person, and One <br />Million ($.1,000,000..00) Dollars for each accident or occurrence, and property damage <br />coverage of Two Hundred Thousand ($200,000.00) Dollars whereby the Town of Los <br />Gatos, and in their capacity as such, its Council members, officers, boards, commissions, <br />and its employees will be insured, indemnified, and held harmless from any and all <br />claims of any kind or nature arising or .resulting from the construction of said <br />