1987-044-Approving And Accepting Final Map Of Tract No. 7992RESOLUTIONd NO. 1987 -44
RESOLUTION APPROVING AND ACCEPTING
FINAL MAP OF TRACT NO. 7992
RESOLVED, that that certain Final Map of Tract No. 7992 in the Town of Los
Gatos, dated January 1987, and prepared by Ruth & Going, Incorporated, for Fred
H. and Audrey M. Faltersack, 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 flap 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. 7992 ", wherein the Owners 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 No. 7992.
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 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 $214,000.00
Dollars.
3. That said Owners or Subdividers shall, before the release of said
Final Flap 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 satisfactory
to the Town Attorney, providing public liability insurance in the amount of
Five Hundred Thousand ($500,000) 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
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 20th _ day of April 1987 by
the following vote:
AYES: COUNCIL MEMBERS Joanne Benjamin, Eric D. Carlson, Thomas
J. Ferrito, Robert L. Hamilton, and Mayor Brent N. Ventura
NOES: COUNCIL MEMBERS None
ABSTAIN: COUNCIL MEMBERS None
ABSENT: COUNCIL MEMBERS None
SIGNED:
ATTEST:
CLERK OF THE TOWN OF iLbOS GAr��
-2-