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HomeMy WebLinkAbout358 • III RESOLUTION.NO. 358 A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS DECLARING AN AMENDED TOWN POLICY WITH REGARD TO -IN LIEU PAYMENTS AND. SUBSTITUTE CONSTRUCTION WHEREAS-, under some of the ordinances of the Town of Los Altos Hills builders and developers of land within the Town are permitted to'_make-payments or perform alternate construction in lieu of construction of specific required improvements; and WHEREAS, it. is deemed in the public interest that the policy heretofore stated in Resolution No. 298 of this Council adopted March 15, 1965 be amended, as hereafter stated, NOW, THEREFORE, BE IT. RESOLVED BY THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS that it is the policy of the Town that, unless applied for by the builder or developer and approved by the Town in accordance with applicable ordinances, no in lieu payments or substitute construction shall be permitted; and BE IT FURTHER RESOLVED that in every case (except those under Ordinance No. 86) where in lieu payment or substitute construction is permitted, no proposal for such payment or construction shall be acceptable unlesssuch'. payment or constructionshall be of such an . amount or magnitude that the engineer's estimate of the cost thereof shall be at least 957 of the engineer's estimate of the cost of the originally required construction. * : * * * * * . . I HEREBY CERTIFY that the foregoing resolution was passed and adopted at a regular meeting of the City Council of the Town of Los Altos Hills on July 18, 1966, by the following roll call vote: AYES: Councilmen Davey, Fowle, Mayor Henley NOES: None ABSENT:' Councilmen Aiken, Bowler ATTEST: APPROVED: . ��, Cit er Pro Tem LAGORIO & FAISANT //� - ATTORNEYS AT LAW Mayor .. 300 THIRD STREET - - LOS ALTOS, CALIF.' 94B-9200