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2013-018 - Thrash House Certificate of Acceptance & Notice of CompletionRESOLUTION 2013 -18 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS ACCEPTING WORK OF THRASH HOUSE INVESTORS, LLC AND AUTHORIZING THE TOWN MANAGER TO EXECUTE CERTIFICATE OF ACCEPTANCE AND NOTICE OF COMPLETION FOR RECORDING BY THE CLERK ADMINISTRATOR WHEREAS, on February 16, 2010, Resolution 2010 -019, the Town Council approved the final map for Tract No. 10041 Thrash House (371 Los Gatos Boulevard); and WHEREAS, Thrash House Investors, LLC has satisfactorily completed the public improvements consisting of installation of curb, gutter, sidewalk, paving, catch basins, pipes, culverts, sanitary sewer, street lighting, street trees, signage, water system and fire hydrants as required by the final map; and WHEREAS, the development is now ready for approval and acceptance by the Town of Los Gatos. NOW THEREFORE BE IT RESOLVED, that the Town Manager is authorized and directed to execute the Certificate of Acceptance and Notice of Completion attached as (Exhibit A) hereto. BE IT FURTHER RESOLVED, that the Clerk Administrator is directed to transmit this Certificate of Acceptance and Notice of Completion to the Recorder of Santa Clara County for recording. BE IT FURTHER RESOLVED, that the Clerk Administrator is directed to release ninety percent of the full amount of the Faithful Performance, and Labor and Materials bonds. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 20 "' day of May, 2013 by the following vote. COUNCIL MEMBERS: AYES: Marcia Jensen, Steven Leonardis, Joe Pirzynski, and Mayor Barbara Spector NAYS: ABSENT: ABSTAIN: Diane McNutt SIGNE cxti �o ►� MAYOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA AT LRKAD C INISTRATOR OF THE TOWN OF LOS GATOS LO S. CALIFORNIA