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1990-135-Concerning Property South Of Saratoga Avenue And East Of Highway 17RESOLUTION 1990 -135 A RESOLUTION OF THE TOWN OF LOS GATOS CONCERNING PROPERTY SOUTH OF SARATOGA AVENUE AND EAST OF HIGHWAY 17 WHEREAS, the Town Council determines that it is necessary to establish certain development guidelines for future development of the property south of Saratoga Avenue and east of Highway 17. WHEREAS, it is necessary to provide specific guidance to future developers of this property. WHEREAS, it is necessary to retain the use of the property as a hotel which would provide an important source of revenue to the Town. RESOLVED: the Town Council hereby establishes the following guidelines, which do not guarantee approval of a project, for the property located south of Saratoga Avenue and east of Highway 17: the use of the property should be retained as a hotel consisting of the following: a. Up to 300 rooms; b. A conference facility containing approximately 10,000 square feet; C. Up to three stories tall; and d. An underground parking facility. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, the 18th day of June, 1990, by the following vote: COUNCIL MEMBERS: AYES: Joanne Benjamin, Eric D. Carlson, Brent N. Ventura NAYS: Mayor Thomas J. Ferrito ABSENT: Robert L. Hamilton ABSTAIN: SIGNED: MAYOR OF THE LOS GATOS, CAL ( ATTEST: CLERK OF THE TOWN OF L S GATOS LOS GATOS, CALIFORNIA Ikj02 \cnc1rpts \hwy17 2 OF LOS GATOS