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• III <br /> RESOLUTION.NO. 358 <br /> A RESOLUTION OF THE CITY COUNCIL <br /> OF THE TOWN OF LOS ALTOS HILLS <br /> DECLARING AN AMENDED TOWN POLICY <br /> WITH REGARD TO -IN LIEU <br /> PAYMENTS AND. SUBSTITUTE CONSTRUCTION <br /> WHEREAS-, under some of the ordinances of the Town of Los Altos <br /> Hills builders and developers of land within the Town are permitted <br /> to'_make-payments or perform alternate construction in lieu of <br /> construction of specific required improvements; and <br /> WHEREAS, it. is deemed in the public interest that the policy <br /> heretofore stated in Resolution No. 298 of this Council adopted <br /> March 15, 1965 be amended, as hereafter stated, <br /> NOW, THEREFORE, BE IT. RESOLVED BY THE CITY COUNCIL OF THE <br /> TOWN OF LOS ALTOS HILLS that it is the policy of the Town that, <br /> unless applied for by the builder or developer and approved by <br /> the Town in accordance with applicable ordinances, no in lieu payments <br /> or substitute construction shall be permitted; and <br /> BE IT FURTHER RESOLVED that in every case (except those under <br /> Ordinance No. 86) where in lieu payment or substitute construction <br /> is permitted, no proposal for such payment or construction shall be <br /> acceptable unlesssuch'. payment or constructionshall be of such an . <br /> amount or magnitude that the engineer's estimate of the cost thereof <br /> shall be at least 957 of the engineer's estimate of the cost of the <br /> originally required construction. <br /> * : * * * * * . . <br /> I HEREBY CERTIFY that the foregoing resolution was passed <br /> and adopted at a regular meeting of the City Council of the Town of <br /> Los Altos Hills on July 18, 1966, by the following roll call vote: <br /> AYES: Councilmen Davey, Fowle, Mayor Henley <br /> NOES: None <br /> ABSENT:' Councilmen Aiken, Bowler <br /> ATTEST: <br /> APPROVED: . <br /> ��, Cit er Pro Tem <br /> LAGORIO & FAISANT //� - <br /> ATTORNEYS AT LAW Mayor .. <br /> 300 THIRD STREET - - <br /> LOS ALTOS, CALIF.' <br /> 94B-9200 <br />