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HomeMy WebLinkAbout74-95 • • RESOLUTION NO. 74-95 A RESOLUTION OF THE TOWN OF LOS ALTOS HILLS APPROVING AND AUTHORIZING THE TOWN TO ENTER INTO THE SETTLEMENT AND RELEASE AGREEMENT WITH DEVELOPERS INSURANCE COMPANY WHEREAS, the City Council of the Town of Los Altos Hills has read and considered the Settlement and Release Agreement ("Agreement")by and between the Town of Los Altos Hills and Developers Insurance Company; NOW,'THEREFORE, the Town of Los Altos Hills does RESOLVE as follows: 1. Public interest and convenience require the Town of Los Altos Hills to enter into the Agreement described above. 2. The Town of Los Altos Hills hereby approves the Agreement and the Mayor is hereby authorized on behalf of the Town to execute the Agreement between the Town of Los Altos Hills and Developers Insurance Company. REGULARLY PASSED AND ADOPTED this6th day of September 1995. By: Mayor ATTEST: City Cl rk 14949/006/1040344.1 '