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1982-056-Approving And Accepting Final Map Of Tract No. 6926RESOLUTION NO. 1982 -56 RESOLUTION APPROVING AND ACCEPTING FINAL MAP OF TRACT NO. 6926 RESOLVED, that that certain Fianl Map of Tract No. 6926 in the Town of Los Gatos, dated June, 1980, and prepared. by Jennings- McDerraott- Heiss, Inc. Civil Engineers and Land Planners, for Richard Bersano, Edward Bersano, and Donald Bersano, 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 Map are herebv accepted subiect to the following conditions: 1. That prior to the delivery of said Man to the owners of said subdivision, and prior to its recordation, the 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. 6926 ", 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 provi- sions 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 Specifica- tions for Tract 6926. 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 spe- cified, the amount of cash or said bond to be Two Hundred and Eighty _ Five Thousand ($285,000. ) Dollars. 3. 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 certificates or policies of public liability and nroperty damage insurance in form satisfactory to the Town Attorney, providing Public liability insurance in the amount of Five Hundred Thousand ($500,000.00) 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 anv kind or nature aris- ing 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 abovementioned agreement between 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 this 1st day of March 1982, by the following vote: AYES: COUNCIL MEMBERS Ruth Cannon, Thomas J. Ferri to Marl,vn J. Rasmussen Brent N. VenJura and Peter W. Siemens NOES: COUNCIL MEMBERS ABSTAIN: COUNCIL MEMBERS ABSENT: COUNCIL MEMBERS Node SIGNED: YO F THE TOWN OF LOS GATOS ATTEST: CLERK OF THE TOWN OF LO GATOS t� -2-