1980-157-Approving And Accepting Final Map Of Tract No. 6737RESOLUTION NO. 1980 -157
RESOLUTION APPROVING AND ACCEPTING
FINAL MAP OF TRACT NO. 6737
RESOLVED:
That that certain Final Map of Tract No. 6737 in the Town of Los Gatos
dated August 1979, and prepared by Creegan & D'Angelo, Consulting Engineers,
for Cole Reed Associates, owners of record of said subdivision, heretofore
approved by the Town Engineer of the Town of Los Gatos, is hereby approved,
and all offers of land for public use therein made on said map are hereby
accepted subject to the following conditions:
1. That prior to the delivery of said Map to the owners of said
subdivision, and prior to its recordation, the owners, or subdividers of said
subdivision shall enter into and execute an agreement between the Town of Los
Gatos and the said owners or subdividers on that certain proposed Subdivision
Agreement on file in the Office of the Town Clerk, entitled, "Contract for
the Improvement of Tract No. 673711, wherein the owne rs or subdividers in
consideration of the approval of said Map by the Town and acceptance by the
Town of the dedication of lands for public use therein contained, shall agree
to construct and complete, within the time specified in said agreement, all
street and other improvements required of Owners under the provisions of Chapter
27 of the Code of the Town of Los Gatos, and such other street, sewer, or
other improvements designated or mentioned in said agreement and /or in and
as specified in the Plans and Specifications for Tract 6737.
2. That said owners or subdividers shall, before the release of said
Final Map to owners of record, and as a condition precedent to the recordation
thereof, furnish to the Town and file with the Town Clerk cash, or a good
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and sufficient bond in form to be approved by the Town Attorney, securing
the faithful performance by said owners or subdividers of all work, and the
construction of all improvements herein in this agreement mentioned, and
within the time herein specified, the amount of cash or said bond to be
Fifty -five Thousand ($55,000.00) Dollars.
3. That said owners or subdividers shall, before the release of said
Final Map to owners of record, and as a condition precedent to the recordation
thereof, furnish to the Town and file with the Town Clerk certificates or
policies of public liability and property damage insurance in form satis-
factory to the Town Attorney, providing public liability insurance in the
amount of Five Hundred Thousand ($500,000.00) Dollars for each person, and
One Million ($1,000,000.00) Dollars for each accident or occurrence, and
property damage coverage of Two Hundred Thousand ($200,000.00) Dollars whereby
the Town of Los Gatos, and in their capacity as such, its council members,
officers, boards, commissions, and its employees will be insured, indemnified,
and held harmless from any and all claims of any kind or nature arising or
resulting from or concerning the doing or failing to do so by said owners or
subdividers of all things required to be done in the above - mentioned agreement
between said owners or subdividers and the Town of Los Gatos.
PASSED AND ADOPTED at a regular meeting of the Town Council of
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the Town of Los Gatos this 27th day of
the following vote:
October , 1980, by
AYES: COUNCIL MEMBERS MarLVn J. Rasmussen Peter W Siemens
Brent N. Ventura and Thomas J. Ferrito
NOES: COUNCIL MEMBERS ninnP
ABSTAIN:
COUNCIL
MEMBERS
None
ABSENT:
COUNCIL
MEMBERS
Ruth Cannon
SIGNED
ATTEST:
✓ 1 41
CLERK OF THE TOWN OF LOS GAS S
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