1983-119-Approving And Accepting Final Map Of Tract No. 7425RESOLUTION NO. 1983 -119
RESOLUTION APPROVING AND ACCEPTING
FINAL MAP OF TRACT NO. 7425
RESOLVED, that that certain Final Map of Tract No. 7425 in the Town of Los
Gatos, dated February 1983, and prepared by Mark Thomas & Company, Civil
Engineers, for Los Gatos Swim L Racquet Club, A Corporation, 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 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. 7425, Los Gatos, California ", wherein the Owners or
Subdividers in consideration of the approval of said Map by the Town and accep-
tance 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 7425.
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 and sufficient
bond in Form to be approved by the Town Attorney, securing the faithful perfor-
mance 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 Two Hundred Three Thousand and
Two Hundred and Fifty ($203,250000) 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 poli-
cies of public 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 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 the
construction of said improvements or other work of subdividing within or out-
side 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 20th day of June , 1983 by the following vote:
AYES: COUNCIL MEMBERS Joanne Benjamin Terrence J. Daily and
Thomas J. Ferrito
NOES: COUNCIL MEMBERS None
ABSTAIN:
COUNCIL
MEMBERS
None
ABSENT:
COUNCIL
MEMBERS __Marlyn
J. Rasmussen and Mayor Brent N. Ventura
SIGNED
ATTEST
CLERK F THE TOWN OF LOS G
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