1989-165-Approving Agreement Rescinding Developer Participation In Town Of Los Gatos Parking Lot No. 4A, Authorizing Town Manager To Execute Said Agreement And Directing Town Clerk To Record Said AgreementRESOLUTION NO: 1989 -165
RESOLUTION OF THE TOWN OF LOS GATOS APPROVING
AGREEMENT RESCINDING DEVELOPER PARTICIPATION
IN TOWN OF LOS GATOS PARKING LOT NO. 4A,
AUTHORIZING TOWN MANAGER TO EXECUTE SAID
AGREEMENT AND DIRECTING TOWN CLERK TO RECORD
SAID AGREEMENT
WHEREAS:
An agreement was made and entered into May 3, 1982 between the Town
of Los Gatos and Kumiko Iwasawa Vadas entitled "Agreement Designating
Developer Participation in Town of Los Gatos Parking Lot No. 4A11,
recorded June 22, 1982 number 7395387, Book G, Space 858, Official
Records, Page 166; and
WHEREAS:
The development and construction of Downtown Parking Lot Nos. 4A
and 4B was not performed by the Town of Los Gatos.
BE IT RESOLVED:
By the Town Council of the Town of Los Gatos that the Agreement
Rescinding Developer Participation in Town of Los Gatos Parking Lot No.
4A, a copy of which is attached hereto as Exhibit A, is hereby approved
and the Town Manager is hereby authorized to execute said document on
behalf of the Town and the Town Clerk is directed to record said
document.
PASSED AND ADOPTED at a regular meeting of the Town Council of the
Town of Los Gatos, California, held on the 21st day of AUGUST, 1989 by
the following vote.
AYES:
COUNCIL
MEMBERS
Eric D. Carlson
Brent N. Ventura
Mayor Joanne Benjamin
NAYES:
COUNCIL
MEMBERS
None
ABSTAIN:
COUNCIL
MEMBERS
Robert L. Hamilton
Thomas J. Ferrito
ABSENT:
COUNCIL
MEMBERS
None
SIGNED:
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OF THE TOWN LOS GATOS
ATTEST:
CLERK OF THE TOWN OF L 9f1GATOS
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