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HomeMy WebLinkAbout107-87 - -,-i-1:„,ior....4412.,.-----,p, ii:ez_74--- -...-iv tato- --.0- " . 0 I r; ,� Cali1.77::.;;J:::- ornia / TOWN OF LOS ALTOS HILLS 94 332 ",' ''"''/ 26379 FREMONT ROAD LOS ALTOS HILLS,CALIFORNIA 94022 ( TELEPHONE: 415/941-7222 K 334 PAGE 157g. • PAGE RESOLUTION NO. 107-87 A RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF AN IMPROVEMENT SECURITY AGREEMENT BETWEEN THE TOWN OF LOS ALTOS HILLS AND ANDREW H. COCHRAN. TRUSTEE OF THE MARTHA S. COCHRAN REVOCABLE TRUST ESTABLISHED OCTOBER 22. 1980. AND ORDERING RECORDATION THEREOF 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 Improvement Security Agreeement (herein called the "Agreement") between the Town of Los Altos Hills and Andrew H. Cochran, Trustee of the Martha S. Cochran Revocable Trust Established October 22, 1980, wherein, Andrew H. Cochran agrees to furnish as improvement security for installation of all of the improvements required in the Subdivision Agreement 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.", a lien upon the real property 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 • 334PAGE [ 573 Agreement and the Town of Los Altos Hills hereby approves this Agreement. 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. 3. The Agreement be, and it hereby is accepted and the City Clerk of the Town of Los Altos Hills be, and she hereby is directed and ordered to cause the Agreement to be recorded in the Office of the Recorder of the County of Santa Clara, State of California. REGULARLY passed and adopted this 21st day of October , 1987. MAYOR Ii ATTEST: NO FEE CITY CLE K -r, 30. m coo CO C7 7-, `'`'4m °.„1/41t �T1Q 71 '" W O / 3Pi; j72 101387 -2-