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430
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Last modified
7/26/2016 4:09:58 PM
Creation date
7/26/2016 4:09:37 PM
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Resolutions
Number
430
Date
1968-03-04
Description
Relating to Refunding Agreements
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• • <br /> RESOLUTION NO. SIO <br /> A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS <br /> ALTOS HILLS RELATING TO REFUNDING AGREEMENTS. <br /> WHEREAS, the Town of Los Altos Hills requires, under <br /> applicable ordinances, that subdividers of land install <br /> sewers, drains or other facilities for sewers and drains <br /> as a condition precedent to the acceptance of a final map, <br /> and <br /> WHEREAS, in some instances the benefit of such new <br /> construction may accrue in large measure to other persons <br /> drain <br /> whose lands/into and through such new facility, <br /> NOW., THEREFORE, BE IT RESOLVED by the City Council of <br /> the Town of Los Altos Hills as follows : <br /> 1. It is the policy of the Town of Los Altos Hills <br /> that all costs of sewers, drains and other facilities for <br /> sewers and drains shall be borne as nearly as possible on <br /> an equitably aportioned basis by those owners whose lands <br /> are benefited by such facilities . <br /> 2. It is the policy of the Town of Los Altos Hills <br /> that to effecuate said equitable apportionment, provisions <br /> should be made in just cases for repayment to persons con- <br /> structing sewers, drains and other facilities for sewers and <br /> drains of a fair portion of their expense, when and if such <br /> reimbursement should become feasible through imposition of <br /> reasonable charges upon persons whose lands drain into said <br /> facilities. <br /> 3. When any subdivider of land, in fulfilling a con- <br /> dition precedent to the acceptance of his final map, installs <br /> sewers, drains or other facilities for sewers and drains of <br /> a nature which substantially benefits other lands , and offers <br /> -1- <br /> LAGORIO & FAISANT <br /> ATTORNEYS AT LAW <br /> SOD THIRD STREET <br /> LOS ALTOS, CALIF. <br /> 948-8200 <br />
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