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CC Resolution No. 8451 RESOIlJ'l'ICN 00. 8451 A RESOIlJ'l'ION OF THE CITY c:xxJOCIL OF 'DIE CITY OF CUPERl'INJ AU'ßDUZIN:; EXECUTICN OF "REIMBURSEMENT 1IGREEMENT" BE'1WEEN THE CUPERTINJ UNICN SCOCOL DIS'IRIcr, THE CITY OF CUPERTINJ, AND HAROI:D L. GHENO AND ANlQUO M. GHENO, TRIJSTEES, EDI'lH E. GHENO FAMILY 'lRUST; PRO\TIDIN:; FŒ THE REIMBURSEMENT OF FUNDS 'IO Al'PRfJPRIA'm PARTIES IN a:NJUNCTION WI'lH 'DIE INSTALlATION OF IMPRO\1EMENTS FŒ'lRACl' 00. 8332 AND 'DIE WILSCN PARK SrIE WHEREAS, there has been presented to the City Council a "Reinh1rsement Aglt:>EIílent" between the CUpertino Union School District, the City of CUpertino, and Harold L. Gheno and Antonio M. Gheno, Trustees, Edith E. Gheno Family Trust; in conjunction with the installation of li1provenents for Tract No. 8332 and the wilson Park site; and WHEREAS, the project also involves the installation of inprovanents on the adjoining Gheno property with the stipulation that said property owner shall rellItJurse the City of CUpertino and the CUpertino Union School District for all oosts expended by the trNo agencies benefiting the Gheno property; and WHEREAS, the provisions, teI:n1B, and conditions of the aforanentioned "Reinh1rsaœnt 1\y1.eaœnt" have been reviewed and awroved by the Director of Public W:)rks and the City Attorney; J«:M, 'lHEREFURE, BE IT RESOLVED, that the City Council of the City of CUpertino hereby awroves the aforementioned agI:toa:lleIlt and authorizes the Mayor and the City Clerk to eKeCIlte said aYLt:>EI'leIlt on behalf of the City of CUpertino. BE IT FUR'lHER RESOLVED that the City Clerk is hereby authorized to recx>ro said deed and this Resolution. PASSED AND ADOPl'ED at City of CUpertino this following vote: vote Melli:Jers of the Citv Council a regular meeting of the City Council of the lSth day of T,,1 y , 1991, by the AYES: Goldman, Rogers, Sorensen, Szabo, Koppel NJES: None ABSENT: None ABS'mIN: None ATl'EST: APPROVED: /s/ Roberta A. Wolfe City Clerk , Deputy /s/ Barb Kopp~1 Mayor, City of CUpertino REIMBURSEMENT AGREEMENT THIS AGREEMENT is made on .J~VO between the CUPERTINO UNION SCHOOL DISTRICT, , 1991, by and a local agency of the State of California ( the "District"), the CITY OF CUPERTINO, a municipal corporation of the State of California (the "City"), and HAROLD L. GHENO and ANTONIO M. GHENO, TRUSTEES, EDITH E. GHENO FAMILY TRUST ("Gheno"). RECITALS A. District owns fee title to that certain tract of land situated in the City of Cupertino, Santa Clara county, California, generally known and described as Tract No. 8332 (the "Property"). B. District has sold a portion of the Property consisting of 5.6 acres to City for a park (the "Park site"). C. District and City propose to perform certain work of improvement on the above tract as specified in the Agreement attached hereto and incorporated herein as Exhibit A (the "Improvements"). D. Gheno is the owner of an adjacent tract of land to the west of the Property bounded by South Blaney Avenue on the west, Hall Court on the south, Parks ide Lane on the east and Rodrigues Avenue on the north (the "Gheno Property"). E. Gheno proposes to develop the Gheno Property and the Improvements will therefore benefit the Gheno Property as well as the Property. 1 F. city has agreed to lease from Gheno and Gheno has agreed to lease to the City a portion of the Gheno Property for use as a parking lot for the park until City develops a parking lot on the' Park site pursuant to the Lease attached hereto and incorporated herein as Exhibit B. G. In consideration for this lease, City and District have agreed to advance the costs of the Improvements which benefit the Gheno Property. H. Exhibit c, identifies the portions of the Improvements which benefit primarily the District, the City and Gheno. I. The District shall be entitled to reimbursement from Gheno of thirteen percent (l3%) of its costs of the construction of the Improvements, but not more than Seventy-five Thousand Dollars ($75,000), upon the filing by Gheno of a tract map for the Gheno Property or any portion thereof. J. The City shall be entitled to reimbursement from Gheno of thirty-two percent (32%) of its costs of the construction of the Improvements, but not more than sixty-nine Thousand Dollars ($69,000), upon the filing by Gheno of a tract map for the Gheno Property or any portion thereof. NOW, THEREFORE, in consideration of the covenants contained in this Agreement, the parties hereto mutually covenant and agree as follows: GENERAL REQUIREMENTS 1.1 The District and City shall, at their own cost 2 and expense, complete all of the Improvements covered by the Agreement, Exhibit A hereto, at an estimated cost of Seven Hundred six Thousand, Seven Hundred Ninety-eight Dollars ($706,798). DEFINITION AND OWNERSHIP OF IMPROVEMENTS 2.1 The term "Improvements" means the development work required by the final improvement plans for Tract no. 8332 including streets, curbs, gutters, sidewalks and underground utilities, referenced in the Agreement, Exhibit A hereto, and indicated on Tract map no. 8332, Exhibit D hereto. The Improvements shall be shown in detail on an improvement plans, profiles, and specifications that have been or are being prepared by one or more registered civil engineers acting for the District. PAYMENT 3.1 The District and City shall be reimbursed and paid a share of the costs and expense of construction of the Improvements by Gheno as follows: A. The costs of thirteen percent (13%) of all labor paid for, including payroll insurance and taxes, and all other costs and expenses incurred by the District for construction of the Improvements, but in no event more than Seventy-five Thousand Dollars ($75,000), will be reimbursed by Gheno to the District upon Gheno's development of his property and District's delivery to Gheno of a statement of District's costs and expenses for the construction of the Improvements and of the amount due from 3 Gheno. B. Thirty-two percent (32%) of the costs paid by the City to the District for construction of the Improvements, but in no event more than Sixty-nine Thousand Dollars ($69,000), will be reimbursed by Gheno to the City upon Gheno's development of his property and city's delivery to Gheno of a statement by the City of the amount of the costs and expenses of the construction of the Improvements paid by the City and of the amount due from Gheno. 3.2 Books and Records. The District shall keep and maintain accurate books of account and records of all of its business transactions under this agreement. Gheno shall have the right to review these books of account and records at the offices of the District during normal business hours on reasonable notice. GENERAL PROVISIONS 4.1 Entire Agreement. This agreement represents the entire understanding of the parties and supersedes all previous negotiations, written or oral, and may not be altered, changed, amended, or modified except by an agreement in writing signed by the parties. 4.2 Notices. Any notices and demands under this agreement shall be in writing, and shall be deemed given and received forty eight (48) hours after deposit with the United States Postal Service, postage prepaid, addressed to the parties as follows: 4 To The District at: Associate Superintendent, Business Services cupertino Union School District 10301 vista Drive Cupertino, CA 95014 To the city at: Director of Public Works 10300 Torre Avenue Cupertino, CA 95017 To Gheno at: Harry Gheno 5 Cypress Court San Carlos, CA 94070 Each party shall have the right by notice in writing given to the others pursuant to the provisions of this paragraph to change, from time to time, the respective addresses at which notices or demands shall be given. Statements for reimbursement or payment shall be delivered as set forth in this paragraph. Payments delivered as set forth in this paragraph need not be accompanied by any other written notice. 4.3 Applicable Law. The laws of the State of California shall govern this agreement and any breach of this agreement. 4.4 Binding effect. The terms and conditions of this agreement shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors and assigns. 5 IN WITNESS WHEREOF, the parties have executed this Agreement the day and year first above written. Dated: The City of Cupertino By: 'Í~\O' ''1't1 Dated:'J The District Dated:/- 10- ~L Harold L. Gheno, Trustee, Edith E. Gheno Fami~ By: ~o.~ R Dated: ~ \0 l.:tll Antonio M. Gheno, Trustee, Edi~ Gheno Fami~st By: V~(~'¥ ~ 6 Exhibit "A" AGREEMENT [Agreement between City and District for City District for improvement costs shall be labeled attached here upon execution.] 7 Page 1 of 5 to reimburse Exhibit A and Page 1 of 8 Exhibit "B" LEASE (Lease between City and Gheno for City lease of Gheno property for park parking lot shall be labeled Exhibit B and attached here upon execution.] 8 L--:l ~I' - h " lot ¡ ~¡ ,I :~¡ J :. PI ~',--_.~ ':'1 '--1 ~' I:--,j' ¡. I :: 'I' I ",. I :: . ; - - - : :, ¡ , ~'~i?~:::;~=õ,,"~;,-C"C''';';¡;;;;,,;¿!:::!.;, ~.-.,. . .~.... JIl'nnn~_"""_' ::::I.. '~F'~trTr';~((T";~';";'; 11[;7~it :}, ~~ '!Ì ,<!IrIP7S +'.11' l "111~Mú~,¡ _ i J\ :""1' - ¡ . 'J, J ", I' I :\ · - ~ ¡':~ ¡ ... '..., 1".. ",\! 'I I 'I :-' .-,.., ";o.~ I ~ .. :'t~. .":: I'·;., , ~ '. .:. It}·.. .~~ I I .. ,,:t,: ~ . \ '1 .' ,.'_ 1 E ~:,~:: :~i :!'ì : (':-\ ~~~; : .. ..':' I ~--:-:- ,~ ¡ 'I ..-..........-. ..- ...... ..... .,..,.,., II .......... ~ ~ , '. 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'. ~ :nl: ,'¡\'¡) I: . . !II W -' ;:) o W J: U > !II ! ; ,~ H, 'i & ~ ~X u ~4.t----:-,. ,n~H! ' "__ ~ ~ ~!* ' .. U U U ~ ; \~ !I !I :1 9 ~..~ ~;' ,\!\ ~~~ ~~~ i.:~~ ~~~m ~ ,', ·'1' ~ ~ ';b ';~; ,.~ " ":~ ¡~I J 1:':_ ~~~ ~' n ¡ , ¡. '~ "õ '. 11 ,t~~.rl ~: ~ ~. ;r=,r:"!,~~. r,' ~ .......... :, ,:., !' ~l "~ . lì:. :I'~I' ." , R~' . .", f . h !... I~ . " 1'; ·.r·, ~. " :' ~! N , ~ " t'~~ \I ,,;I. hI!" " f':¡="~· ,! ~ ~~' '. , If:} " . "¡" f' ~" ,~ ~f ; , ~, :) ~ :,.... " .. ,~ " ... -. -t..- v ~ ...." , /" + " .-.-.-,.......-.- -~-,·-I-·_· . "" --'.. +- - ,=:::--\'~; I '1'( I" L' I' ,I '."'" 'ì···..!' ..~-- - :,,,"ll:¡h ': ' I', Ii" ¡ I ':, i! ' ..-----.----. Exhibit "D" Final Map for Tract 8332 10