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1988-092-Authorizing The Mayor To Sign Agreements With Masonic Lodge And Recreation District Project 8718 Recreation District Parking LotRESOLUTION NO. 1988_92 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS AUTHORIZING THE MAYOR TO SIGN AGREEMENTS WITH MASONIC LODGE AND RECREATION DISTRICT PROJECT 8718 RECREATION DISTRICT PARKING LOT WHEREAS, it is the intention of the Town Council of the Town of Los Gatos to reconstruct the Recreation District Parking Lot in the Town of Los Gatos; and WHEREAS, the Masonic Lodge and the Recreation District have signed an agreement for sharing the costs of construction with the Town. RESOLVED, that the Mayor hereby authorized to sign the cost sharing agreement with the Masonic Lodge and the Recreation District. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos held on the 16th day of May 1988, by the following vote: AYES: COUNCIL MEMBERS Joanne Benjamin, Thomas J Ferrito Robert L. Hamilton, Brent N. Ventura and Mayor Eric D Carlson NOES: COUNCIL MEMBERS ABSTAIN: COUNCIL MEMBERS ABSENT: COUNCIL MEMBERS SIGNED: MAYOR OF E TOWN OF LOS GATOS ATTEST: CLERK OF THE TOWN OS GA M A I Iq Lo E r -v oam ffib'7MIt LOM rMry W4ATIPA �2K fYeX41 3-1 r -T v - 'ZI ,6-- T. LOLATML4 Mkf- Al V� I � COPY AGREEMENT TOWN CL.FIRK r KEG._ This agreement, made and entered into this ,25 a day of May, 1988, by and between the Los Gatos Masonic Hall Corporation, a corporation, herein- after referred to as "Hall," the Los Gatos - Saratoga District Recreation Depart- ment, a public recreation district, hereinafter referred to as "District," and the Town of Los Gatos, a municipal corporation of the State of California, hereinafter referred to as "Town," WITNESSETH: That, whereas, Hall, as Lessee, holds a 25 -year lease from The First Methodist Church, covering certain property used as a parking area lying between property of Hall and property of Town, and being approximately 40 feet in width fronting on East Main Street in the Town of Los Gatos, State of California; That, whereas, approximately 8 adjacent feet of the property of Hall fronting on East Main Street is used as a parking area; That, whereas, approximately 12 adjacent feet of the property of Town fronting on East Main Street is used as a parking area; That, whereas, District, as Lessee, holds a lease from Town covering the building and lot upon which the building stands, including the previously mentioned 12 feet used as a parking area; And, whereas, the parking area surface is in poor repair and requires replacement and minor improvements; that the reasonable value of this improvement is the approximate sum of $20,000; NOW, THEREFORE, it is agreed by and between the parties hereto, as follows: 1) All parties -hall have the right to joint us of said parking lot for the patrons ar' employees of District; patrons i employees of Hall; along with the congregation of The First Methodist Church according to the agreement and leases in effect. 2) Town agrees that it will complete the improvement plans and specifications for the reconstruction of the parking lot; that it will prepare the bidding documents for the project and conduct the administration of the bidding procedure; award the bid and supervise the construction of the parking lot improvements. 3) Town agrees that it will install landscaping and irrigation facilities at its expense. Maintenance of these facilities shall be shared equally with Hall according to the previous agreement, September 26, 1955. extended to May 4, 2004. 4) Hall agrees that it will pay the sum of $5,000, as one - quarter (1/4) of the estimated cost of the reconstruction and improvement of the parking area. 5) District agrees that it will pay the sum of $5,000, as one - quarter (1/4) of the estimated cost of the reconstruction and improvement of the parking area. 6) Town agrees that it will pay the sum of $10,000, as one -half (1 /2) of the estimated cost of the reconstruction and improvement of the parking area. 7) Should the bid from the lowest responsible bidder be greater than the estimated cost of $20,000, the involved parties shall have the option to review this agreement for renegotiation of the shared costs. Should no new agreement between the parties be made, the project will not be constructed. 8) Should the bid from the lowest responsible bidder be less than the estimated cost of $20,000, Hall and District shall each pay one - quarter (1/4) of the bid price and the Town shall pay one -half (1/2) of the bid price. IN WITNESS WHEREOF, the parties hereto have set their hands and seals as of the day and year first above written. -2- LOS GATOS MASONIC HALL CORPORATION, e Corporation q President By Secretary TOWN OF LOS GATOS, a municipal corporation Mayor of the Town of Los Gatos By L2� Clerk of the Town of Los s APPROVED THE FIRST METHODIST A BI Secretary CLF:ss (ENG01 /MASONIC) 3/lo/88 -3- LOS GATOS- SARATOGA DISTRICT RECREATION DEPARTMENT, a public recreation district 1 President TaaeNee �outica BY Secretary