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1984-144-Determining Need For A Parking Authority Of The Town Of Los Gatos Under And Pursuant To The Parking Law Of 1949 To Function In The TownRESOLUTION NO. 1934 -144 A RESOLUTION OF THE TOWN OF LOS GATOS DETERMINING NEED FOR A PARKING AUTHORITY OF THE TOWN OF LOS GATOS UNDER AND PURSUANT TO THE PARKING LAW OF 1949 TO FUNCTION IN THE TOWN; DECLARING THE TOWN COUNCIL OF THE TOWN OF LOS GATOS TO BE THE PARKING AUTHORITY; AND ESTABLISHING A PARKING COMMISSION WHEREAS, pursuant to Section 32650 of the Streets and Highways Code of the State of California there has been created and now exists a public body corporate and politic known as the Parking Authority of the Town of Los Gatos in accordance with the provisions of the Parking Law of 1949; and WHEREAS, the Parking Law of 1949 provides that the Parking Authority shall not transact any business or exercise any powers unless and until the Council by resolution declares that there is need for the Authority to function in the Town of Los Gatos; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF LOS GATOS: 1. There is need for said Parking Authority to function in the Town of Los Gatos and this Council hereby so declares and determines. 2. The Council hereby declares itself to be the Parking Authority, and all of the rights, powers, duties, privileges and immunities vested by the Parking Law of 1949 in the members of the Parking Authority shall be vested in the Council of the Town of Los Gatos as the Parking Authority of the Town of Los Gatos. 3. The purpose of the Parking Authority is to establish and manage parking improvements in the Central Business District, in the area set forth in Exhibit °A.° 4. The Mayor of the Town of Los Gatos shall act as the chairperson and presiding officer of the Parking Authority of the Town of Los Gatos and the Town Clerk and Town Treasurer, respectively, of the Town of Los Gatos shall act as Clerk and Treasurer of the Parking Authority of the Town of Los Gatos. 5. There is also hereby established a Parking Commission which shall generally be responsible for advising the Parking Authority in matters pertaining to parking in the Central Business District. 6. The duties of the Commission shall include, but not be limited, to the following: Authority; a. To act as the advisory commission to the Parking b. To review, monitor and make long -range recommendations concerning the construction, operation, and maintenance of publicly owned off - street parking lots and structures and on- street parking spaces within the Central Business District; c. To review, monitor and make recommendations regarding parking meter rates and limits; parking meter placement or replacement; directional sign placement and parking lot traffic patterns; d. To advise on fees and assessments for the parking improvement program. e. To make recommendations regarding the allocation of funds derived from revenues collected on behalf of the Parking Authority. The recommendations shall be based on allowed uses of such proceeds consistent with state and local law; and f. To perform other duties as may from time to time be prescribed by the Parking Authority. 7. The Commission shall consist of seven (7) members. 8. Members first appointed to the Commission shall so classify themselves by lot that the terms of the first members shall end as follows: the term of one member shall expire January 1, 1986; the term of two (2) members shall expire January 1, 1987; the term of two (2) members shall expire January 1, 1988; and the term of two (2) members shall expire January 1, 1989. Succeeding members shall serve a term of four (4) years and until their successors are appointed and qualified, except any appointment to fill an unexpired term shall be for such unexpired period. 9. The Council may remove any member from office prior to the expiration of his or her term by the affirmative vote of not less than four- fifths of all members of the Council. Absence from three (3) consecutive regular meetings without the formal consent of the commission shall be deemed to constitute resignation of such commissioner, and the position shall be declared vacant. -2- 10. At its first meeting, or as soon as possible thereafter, the Commission shall elect officers and adopt bylaws for the conduct of business. The Commission shall hold a regular meeting at least once each month. 11. This Resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos held on the 20th day of August 1984 by the following vote: AYES: COUNCILMEMBERS Joanne Benjamin, Eric D. Carlson, Terrence J. Daily, and Mayor Thomas J. Ferrito NOES: COUNCILMEMBERS None ABSTAIN: COUNCILMEMBERS None ABSENT: COUNCILMEMBERS Brent N. Ventura SIGNED: f�hr6 a z -T--WA OR OF TF( .:TOWN OF LO GAYS ATTEST: CLERK OF THE TOWN 0 0S r -3-