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2000-052-Work Of Hastings Development, Developer Tree Lot Subdivision At 16321 Shannon Road .RESOLUTION 2000 - 52 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS ACCEPTING WORK OF HASTINGS DEVELOPMENT, DEVELOPER THREE .LOT SUBDIVISION AT 16321 SHANNON ROAD AND AUTH012IZING THE TOWN .MANAGER TO EXECUTE. CERTIFICATE OF ACCEPTANCE AND NOTICE OF COMPLETION FOR RECORDING BY TOWN CLERK WHEREAS, on August 31, 1998., the Development Review Committee approved .Project Application PRJ-98-108 relating to the development of property located at 163.21 Shannon Road; WHEREAS, Hastings Development, Developer has satisfactorily .completed the work for three lot subdivision, and the development is now ready for final approval .and acceptance by the Town. .RESOLVED, by the Town Council of the Town of Los Gatos, County of Santa Clara, State of California that the work at 16321 Shannon-.Road by Hastings Development, Developer is hereby accepted as complete. .FURTHER RESOLVED, by the Town Council of the Town of Los Gatos, a municipal corporation of the County of .Santa Clara, State of California, that the Town Manager is authorized and :directed to execute the Certificate of Acceptance and Notice of Completion attached as Exhibit A hereto. FURTHER RESOLVED, ten (10%) per cent of the cash deposit for performance will be retained by the TOWN, or ten (10%) per cent ofthe face amount of the Faithful Performance Bond will remain in effect for two years to secure performance of the DEVELOPER'S obligation to correct any deficiency in the work or to remedy any other default. The two year period for ten (10%) per cent cash retention .and bond obligation begins on the date of final acceptance. FINALLY RESOLVED, that the Town Clerlc is authorized, and is hereby directed, to transmit this Certificate of Acceptance and Notice of Completion to the Recorder of Santa Clara County for recording. PASSED AND ADOPTED at a regular .meeting of the Town Council of the Town of Los Gatos, California, held on the St" day of June, 2000 by the following vote. COUNCIL MEMBERS: AYES: Randy Attaway, Jan Hutchins, Linda Lubeck, Joe Przynslci, Mayor Steven Blanton. NAYS.: None ABSENT: None ABSTAIN: None SIGNED: MAY R OF HE TO F LO ` ATOS .LOS GATOS, CALIFORNIA ATTEST: CLEP~IL OF THE TOWN OF S GATOS LOS UATOS, CALIFORNIA PAGE 2 PLEASE RECORD AND RETURN TO; Town Clerk Town of Los Gatos P.O. Box 949 Los Gatos, CA 95030 CERTIFICATE OF ACCEPTANCE AND NOTICE OF COMPLETION 1.6321 Shannon Road NOTICE IS HEREBY GIVEN that Hastings Development, Developer substantially completed the work in January 2000. The work generally consists of the construction of the public improvements fora three lot subdivision at 16321 Shannon Road, in the TOWN OF LOS GATOS, County of Santa Clara, State of California, and was completed, approved, and accepted. The Surety accompanying the contract is Far West Insurance Company, Bond No. 1364053 in the amount of $18,500. TOWN OF LOS GATOS Director of Parks and Public-Works Town Manager l)V48: W:1Certific\16321 Sha, act.wpd Format. Ravi s ed: 10Hl99 Date: ~-z--~~ Date: EANIBIT A ' I, DAVID W, KNAPF, the Manager of'Town of Los Gatos, have read the foregoing CERTIFICATE OF ACCEPTANCE AND NOTICE OF COMPLETION and know the contents thereof. The same is true of my own knowledge, except as to the matters which are therein alleged on .information or belief, and as to those matters I believe it to be true. I declare under penalty of perjury that the foregoing is true and correct and that this declaration was executed on , 2000 at Los Gatos, California. DAVID W. KNAPP, Town Manager Town of Los Gatos RECOMMENDED. BY: ti ~~ Date: S"rz~-,nom Inter' Director of Parks and Public Works .APPROVED AS TO FORM:. Date: Town Attorney pV46;1A;\Certific\16321 Sha.act.wpd FormatReviaed: t011Y99 TOWN OF LOS GATOS, CALIFORNIA, ACKNOWLEDGMENT State of California County of Santa Clara On , 2000 before rne, MARIAN V. COSGROVE, Town Clerk, personally appeared DAVID W. KNAPP, Town Manager, personally known to me to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the within instrument the entity upon behalf of which the. person acted, the Town of Los Gatos, executed the instrument. WITNESS my hand and official seal {Town Clerk of Los Gatos, California) CAPACITY CLAIMED BY SIGNER: Municipal Officer of the Town of Los Gatos DESCRIPTION OF ATTACHED DOCUMENT.: Title of Document: Certificate of Acceptance and Notice of Completion Three lot subdivision at 16321 Shannon Road Number of Pages: 2 Date of Document: Signer(s) Other than Named Above: None DV48:\P,:\CeAiFlc\16321 Sha;act.wpd Format Revised: 10!1199