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1996-030-Accepting $6,000.00 Grant For The Los Gatos Redevelopment Agency To Repair/Replace Landscaping And Irrigation On Los Gatos Saratoga RoadRESOLUTION 1996 -30 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS ACCEPTING $6,000.00 GRANT FROM THE LOS GATOS REDEVELOPMENT AGENCY TO REPAIR / REPLACE LANDSCAPING AND IRRIGATION ON LOS GATOS- SARATOGA ROAD AND AUTHORIZING THE TOWN MANAGER TO EXECUTE GRANT AGREEMENT WITH THE LOS GATOS AGENCY FOR THE LANDSCAPING AND IRRIGATION WHEREAS, the existing medians constitute blight as identified in the Redevelopment Plan for the Central Los Gatos Redevelopment Project of the Town of Los Gatos; and WHEREAS, Town funds are insufficient to replace and repair the irrigation and landscaping on the Los Gatos - Saratoga Road medians; and WHEREAS, an opportunity exists to create a better defined gateway to the downtown Redevelopment area by improving the medians. RESOLVED: by the Los Gatos Town Council that the Town enter into an agreement with the Los Gatos Redevelopment Agency (attached hereto as Exhibit A) for the Landscaping and Irrigation Grant and does hereby accept the $6,000.00 grant from the Redevelopment Agency to repair /replace landscaping and irrigation on Los Gatos - Saratoga Road. RESOLVED: that the Town Manager is authorized, and is hereby directed, to execute the agreement for the Landscaping and Irrigation Grant. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 18th day of March, 1996, by the following vote: COUNCIL MEMBERS: AYES: Joanne Benjamin, Steven Blanton, Linda Lubeck, Patrick O'Laughlin, Mayor Randy Attaway NAYS: None ABSENT: None ABSTAIN: None SIGNED: MAYOR OF E TOWN O OS GATOS LOS GATOS, CALIFORNI ATTEST: CLERK OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA Fa LANDSCAPE AND IRRIGATION GRANT AGREEMENT BETWEEN- THE LOS GATOS REDEVELOPMENT AGENCY AND THE TOWN OF LOS GATOS THIS AGREEMENT is entered into this 18th day of March, 1996, by and between the Los Gatos Redevelopment Agency, a municipal corporation, herein called the "Agency," and the Town of Los Gatos, State of California, herein called the "Town." A. The existing landscaped medians on Los Gatos - Saratoga Road are in various states of disrepair, were damaged by frost and need to be repaired/ replanted; and B. The existing medians constitute blight as identified in the Redevelopment Plan for the central Los Gatos Redevelopment Project of the Town of Los Gatos; and C. The Five -Year Implementation Plan for the Central Los Gatos Redevelopment Project includes streetscape improvements (including landscaping) for 1995 -96; and D. Town funds are insufficient to replace and repair the irrigation and landscaping on the Los Gatos - Saratoga Road medians; and E. An opportunity exists to create a better defined gateway to the downtown area by improving the medians. AGREEMENTS NOW, THEREFORE, THE PARTIES HERETO AGREE AS FOLLOWS: Grant Amount: The grant to the Town of Los Gatos shall not exceed $6,000.00. 2. Costs: The total cost of the landscaping and irrigation project is $6,000.00. Grant Terms: a. Improvements shall be made within the Central Los Gatos Redevelopment Project Area. b. The Grant funds shall not be used to pay for maintenance. C. The Grant funds shall not be used to pay for annuals. n: \dev\ks \irrgrant.agt Page 1 IN WITNESS WHEREOF, the Los Gatos Redevelopment Agency and the Town of Los Gatos executed this Agreement as of the date indicated on page one (1). Town of Los Gatos David W. Knapp, Town Manager Town of Los Gatos ATTEST: Clerk of the Town of Los Gatos, Los Gatos, California Marian V. Cosgrove, Town Clerk Approved as to Form: Larry E. Anderson, Town Attorney David W. Knapp, Executive Director Los Gatos Redevelopment Agency Secretary of the Redevelopment Agency Los Gatos, California Marian V. Cosgrove, Secretary Larry E. Anderson, General Counsel n: \dev \ks \irrgrant.agt Page 2