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1989-066-Authorizing And Directing The Town To Dispose Of Land By Quitcalm Deed To Facilitate Necessary Land Acquisition For The Town Of Los Gatos Downtown Parking Assessment District And Authorizing Mayor To Execute Quitclaim DeedRESOLUTION NO: 1989-66 RESOLUTION OF THE TOWN OF LOS GATOS AUTHORIZING AND DIRECTING THE TOWN TO DISPOSE OF LAND BY A QUITCLAIM DEED TO FACILITATE NECESSARY LAND ACQUISITION FOR THE TOWN OF LOS GATOS DOWNTOWN PARKING ASSESSMENT DISTRICT AND AUTHORIZING MAYOR TO EXECUTE QUITCLAIM DEED WHEREAS, The Town of Los Gatos desires to acquire certain real property for purpose of a public improvement described as the Town of Los Gatos Downtown Parking Assessment District Parking Structure; and WHEREAS, 51 University Avenue, a California General Partnership, has executed a Right of Way Agreement with the Town and execute a Grant Deed and Grant of Easement to convey to the Town the real property sought to be acquired; and WHEREAS, paragraph 12 of the Town of Los Gatos Right of Way Agreement with 51 University Avenue states that prior to recordation of the deed accompanying said agreement, Town agrees to execute and record a quitclaim deed, conveying to Grantor all its rights, title and interest in and to that certain tax deed recorded in January, 1939, in Book 916, Page 84, Official Record of Santa Clara County; and WHEREAS, the Town by and through said tax deed owns fee title to a parcel located within the real property sought to be acquired and described as follows: "10 foot driveway in the real of lot on N.W. corner of Elm Street and University Avenue" and recorded in Book 916, page 84, Official Records of Santa Clara County; and WHEREAS, the parcel held by the Town is not dedicated to any public use; and WHEREAS, it is necessary that the Town quitclaim its interest in the parcel in order to facilitate the acquisition of the land for construction of the parking structure on parking lot No. 4 and to comply with the provisions of the agreement. NOW, THEREFORE BE IT RESOLVED that the Town Council of the Town of Los Gatos finds and determines and hereby declares that the parcel described herein is not dedicated to public use. BE IT FURTHER RESOLVED that the Town Council of the Town of Los Gatos hereby approves and authorizes the Town to dispose of the parcel described herein by quitclaim deed to facilitate the necessary land acquisition for the Town of Los Gatos Downtown Parking Assessment District and authorizes the Mayor to execute a quitclaim deed to subject parcel, a copy of which is attached hereto as Exhibit A. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the ist day of May 1989 by the following vote. AYES: COUNCIL MEMBERS Brent N. Ventura, Eric D. Carlson Mayor Joanne Benjamin NOES: COUNCIL MEMBERS ABSTAIN: COUNCIL MEMBERS Thomas J. Ferrito. Robert L._ Hnm;ltnn ABSENT: COUNCIL MEMBERS SIGNED: I M OF THE TOWN OF �SGffi��� ATTEST: CLERK OF THE TOWN OF LOS)GATOS ATTNY:DISK4:51 UNIVERS