1983-080-Approving And Accepting Final Map Of Tract No. 7416RESOLUTION NO. 1983 -80
RESOLUTION APPROVING AND ACCEPTING
FINAL MAP OF TRACT NO. 7416
RESOLVED, that that certain Final Map of Tract No. 7416 in the Town of Los
Gatos, dated November, 1932, and prepared by Riley Associates Consulting Civil
Engineers, for National Avenue and Associates, A California Partnership, Bill
Pennington, General Partner, Owners of Record of said subdivision, recommended
for approval 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 ac-
cepted 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. 741611, wherein the Owners or Subdividers in considera-
tion of the approval of said (}lap 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 7416.
2. That said Owners or Subdividers shall, before the release of said Fi-
nal 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 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 con-
struction of all improvements herein in this agreement mentioned, and within
the time herein specified, the amount of cash or said bond to be Fifteen Thou-
sand ($15,000.00) Dollars.
3. That said Owners or Subdividers shall, before the release of said Fi-
nal 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 pubTic liability and property damage insurance in form satisfactory
to the Town Attorney, providing public liability insurance in the amount of
Five Hundred Thousand ($500,000.00) Dollars for each person, and One Billion
($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 all claims of any kind or nature arising or resulting from the con-
struction of said improvements or other work of subdividing within or outside
the said subdivision, and /or 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 the
Town of Los Gatos held on 2nd day of May , 1983 by
the following vote:
AYES: COUNCIL MEMBERS Joanne Benjamin, Thomas J. Ferrito, MarLyn
J. Rasmussen and Mayor Brent N. Ventura
NOES: COUNCIL MEMBERS Terrence J.
ABSTAIN: COUNCIL MEMBERS None
ABSENT: COUNCIL MEMBERS None
SIGi`VED:
ATTEST:
C LrR N 0 THE TOWN OF LOS G