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ORDINANCE NO. 141 AN ORDINANCE OF THE TOWN OF LOS ALTOS HILLS ESTABLISHING A STORM DRAINAGE ASSESSMENT FUND, MAKING PROVISIONS FOR PAYMENTS THERETO, AND FOR REIMBURSEMENT FOR CONSTRUCTION OF EXCESS FACILITIES. The City Council of the Town of Los Altos Hills does hereby ordain as follows: SECTION 1. Purpose. The City Council of the Town of Los Altos Hills hereby finds and determines that continual residential development within the Town is substantially changing the natural pattern of runoff of storm waters, and natural storm water channels which formerly had adequate capacity are now becoming overloaded, with the consequent possibility of damage to adjacent property, and constituting a threat to public health, safety and welfare of the Town of Los Altos Hills. The purpose of this ordinance is to establish a Storm Drainage Assessment Fund and to provide for payment of fees for the purpose of defraying the actual or estimated costs of constructing planned drainage facilities for the removal of surface and storm waters from local and neighborhood drainage areas throughout the Town of Los Altos Hills. SECTION 2. Implementation of Plan. This ordinance is adopted in order to implement that certain Master Plan for Storm Water Drainage prepared by Charles S. McCandless & Co., Consulting Engineers, and dated March 1969, which contains an estimate of the total costs of constructing the local drainage facilities required by the plan, and maps of the drainage areas within the Town, showing their boundaries and the location of planned drainage facilities, and which said plan is hereby adopted as the Master Plan for Storm Water Drainage of the Town of Los Altos Hills. SECTION 3. Creation of Fund. There is hereby created a Special Fund within the Town of Los Altos Hills to be entitled, "Storm Drainage Assessment Fund." SECTION 4. Storm Drainage Improvements and Assessments in New Subdivisions. a. As a condition precedent to the approval of every final subdivi- sion map substantially conforming to a tentative map of the same land, which tentative map was filed after the effective date of this ordinance, the subdivider shall be required to deposit in the Storm Drainage Assessment Fund the amount of $400.00 for each new approved building site within the subdivision. For all purpose: