2006-115 - Authorizing The Town Manager To Negotiate And Execute The Second Amendment To The Agreement For The Parking Lease Between The Town Of Los Gatos And Parking Lease Between The Town Of Los Gatos And Verizon California IncRESOLUTION 2006 -115
RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
AUTHORIZING THE TOWN MANAGER TO NEGOTIATE AND EXECUTE
THE SECOND AMENDMENT TO THE AGREEMENT FOR THE
PARKING LEASE BETWEEN THE TOWN OF LOS GATOS AND
VERIZON CALIFORNIA, INC.
WHEREAS, on June 17, 2002, the Los Gatos Town Council adopted a resolution to execute
a fifteen year lease agreement with Verizon California, Inc. to use a portion of the lot located at 15
Montebello Way, Los Gatos for public parking, and
WHEREAS, on December 2, 2002, both parties amended the lease agreement to, in part,
limit the number of landlord's parking spaces to be constructed within the premises boundary, and
WHEREAS, Verizon California, Inc. now desires to enter into a second amendment
(attached) of the lease to further reduce parking spaces leased to the Town of Los Gatos by seven (7),
with a commensurate, prorated reduction in the lease cost, and install two new gates.
NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Los Gatos
in the County of Santa Clara, State of California, that the Town Manager is authorized, and is hereby
directed to negotiate and execute the Second Amendment to the agreement for Parking Lot Lease
with Verizon California, Inc.
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los
Gatos, California, held on the 2nd day of November, 2006 by the following vote:
COUNCIL MEMBERS:
AYES: Steve Glickman, Joe Pirzynski, Barbara Spector, Mike Wasserman, Mayor Diane
McNutt
NAYS: None
ABSENT:
SIGNED: b tap
MAYOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
A EST:
�T � t
AERKI F THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA