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1949-06B-Preliminary Determination Under Division 4 Of The Streets And Highways Code'IW:p 4/21/40/10 �r RESOLUTION NO. OF PRELIMINARY DETERMINATION, AND DIRECTING MAILING NOTICES IN SUMMARY PROCEF,DINGS, UNDER DIVISION 4 OF THE STREETS AND HIGIEWAYS CODE. EUCLID AVENUE RESOLVED, by the Town Council of the Town of Los Gatos, Santa Clara County, California, that the public interest and convenience require and that it is the intention of this Council to acquire and construct certain improvements in and for said Town, the general nature, location and extent of which are as follows: 1. That Euclid Avenue for its entire length and Jones Road.between Euclid Avenue and College Avenue, in- cluding intersections, be improved by grading and constructing therein water -bound rock macadam base pavement with asphalt concrete wearing surface, cement concrete monolithic rolled curbs and gutters, and storm drain pipes and standard . catch basins, vitrified clay pipe sewer mains, wye branches and house laterals and standard manholes complete, in accor- dance with standard plans and specifications of said Town on file in the office of its Town Clerk. 2. The cost of said work after contributions, will be assessed upon a district benefited, the exterior boundaries of which are the coterminous exterior boundary of the composite of land abutting on said proposed improvements, a map of which Is on file in the office of the Town Clerk. 3. That the Town will contribute the costs of storm drainage facilities and interceptor sewers, and a pro rata portion of the cost of the paving work in the percentage that the moneys to be received from gas tax funds for paving work to be done on Loma Alta Avenue, Mariposa Avenue and University Avenue, bears to the total cost of paving work to be done on said streets and also on Euclid Avenue, Edelen Avenue, Bentley Avenue, Wraight Avenue, Bird Avenue, Chester Street, Woodland Avenue, Saratoga Avenue and Victory Lane. 4. Said acquisition and improvements will be had under proceedings to be taken by the Town pursuant to the Municipal Improvement Act of 1913 and that bonds will be issued upon the unpaid assessments pursuant to the Improvement Bond Act of 1915, to bear interest at a rate of not to exceed six per cent (69) per annum and mature in ten (10) equal annual series. 5. That the probable assessment for the costs and expenses of the acquisitions and constructions will not exceed the limi- tation set up in Division 4 of the Streets and Highways Code; and 6. That the Town Clerk of this Town is hereby directed to mail prepaid postcards giving notice of the findings and proposed action of this Council in relation thereto, as provided in Part 7 of Division 4 of said Code. I hereby certify that the above and foregoing resolution was duly and regularly adopted by the Town Council of the Town of Los Gatos at a regular meeting thereof held on the 15th day of March, 19+8, by the following vote: AYES, and in favor thereof, Councilmen: "I.t V V6421,., . NOES, Councilmen: )br ABSENT, Councilmen: APPROVED: Mayor / Alll �d Town Clerk