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HomeMy WebLinkAbout54-88 . ab RESOLUTION NO. 54-88 A RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF AN AGREEMENT BETWEEN THE TOWN OF LOS ALTOS HILLS AND ANDREW H. COCHRAN, TRUSTEE OF THE MARTHA S. COCHRAN REVOCABLE TRUST ESTABLISHED OCTOBER 22, 1980, CONCERNING REIMBURSEMENT OF A PORTION OF THE COST OF SEWER AND STORM DRAIN INSTALLATION COSTS RESOLVED, by the City Council of the Town of Los Altos Hills, County of Santa Clara, State of California, that WHEREAS, the City Council of the Town of Los Altos Hills has read and considered that certain Agreeement between the Town of Los Altos Hills and Andrew H. Cochran, Trustee of the Martha S. Cochran Revocable Trust Established October 22, 1980, concerning reimbursement of a portion of the costs for installation of the sewer and storm drain improvements required in connection with the proposed Final Parcel Map entitled "Lands of Cochran Parcel Map, being a Subdivision of a certain 5.780 ac. tract of land shown on the Record of Survey Map recorded in Book 446 of Maps, Page 20, Records of Santa Clara County, CA.", by the future developers of properties benefited thereby and for the period of time respectively described in the Agreement, NOW, THEREFORE, IT IS FOUND, ORDERED AND DETERMINED as follows: 1. Public interest and convenience require the entering into of the Agreement and the Town of Los Altos Hills hereby approves this Agreement. r'ti I0 2. The Town of Los Altos Hills shall enter into, and the Mayor and City Clerk of the Town of Los Altos Hills be, and they and each of them hereby is authorized and directed on behalf of said Town respectively, to execute and attest the Agreement described above. REGULARLY passed and adopted this 1st day of June, 1987. MAYOR ' ‘Zr ATTEST: CITY CLERK 52488 -2-