CC Resolution No. 8447
RESOIJ1l'ICN 00. 8447
A RESOliJ'l'ICN OF '!HE CITY CXXJNCIL OF '!HE CITY OF aJPERTIl«)
AImDUZ~ EXIOC!Jl'ICN OF "SUPPll!MEN'.!2U~" BE'lWEEN
'!HE CUPERTII!D UNICN SCOCOL DIS'mIcr AND THE CITY OF aJPERTIl«)
PRO\1ID~ Fœ. '!HE BœND!\RY ADJUS'lMENT OF 'lRACl' 00. 8332
AND '!HE WILSON PARK SI'IE
WHEREAS, the awrovaI of Tract lb. 8332 requires that a certain
boundary exchange be made with the City-owned wilson Park site located
adjacent to the said tract; and
WHEREAS, the "SU¡;plaœnta1 1\yI.t::t::Iæl1t" subnitted to the City Council
addresses the exchange of certain areas between the City of CUpertino and
the CUpertino Union School District to a:.æply with the lot sizes in
accordance with the approved tentative nap; and
WHEREAS, the provisions, teD11s, and cxmditions of said "SU¡;plaœnta1
AgIeeræl1't" have been reviewed and approved by the Director of Public ~rks
and the City Atto:rney;
tU'l, 'lHEREFœE, BE IT RESOLVED, that the City Council of the City of
Cupertino hereby ~oves the aforementioned agreement and authorizes the
Mayor and the City Clerk to execute said agreement on behalf of the City
of CUpertino.
BE IT FURlHER RESOLVED that the City Clerk is hereby authorized to
record said deed and this Resolution.
PASSED AND AiAJt".1raJ at
City of CUpertino this
following vote:
a regular meeting of the City Council of the
l5th day of July , 1991, by the
vote }b,b:;l:s of the City Council
AYES: Goldman, Rogers, Sorensen, Szabo, Koppel
NJES: None
ABSENT: None
~: None
ATlEST: APPRO\1ED:
/s/ Roberta A. Wolfe
City Clerk , Deputy
/s/ Barb Koppel
Mayor, City of CUpertino
SUPPLEMENTAL AGREEMENT
The city 01= Cupertino (hereinafter "city"), a ~
corporation in the State of California and the Cupertinc.
School District agree as follows:
1. The District owned 9.6 acres of land commonly known as the
former Wilson School site which was declared surplus and not
needed for educational purposes;
2. The City purchased 5.6 acres of the wilson School site as an
extension to wilson Park at a purchase price of $1,000,000 per
acre for a total purchase price of $5,600,000.
3. At the time of the park purchase, the District's plans for
development of 18 residential lots on the remaining 4 acres of
the site were in the design stage. Therefore, it was agreed by
both parties in the Agreement for Purchase of Wilson school
Property that the boundaries of the park might "be modified by
mut~al agreement of the parties subject to final engineering."
4. The District is seeking city approval of Tract Map 8332 in
July 1991. Said tract map identifies the 5.6 acre park area as
Lot 19. Boundary adjustments from the original park purchase to
conform with the boundaries of Lot 19 result in a net loss to the
City of .021189 acres of park land.
5. Both parties agree to quitclaim their interest in the other
party's lands in order to bring ownership of the land into
conformance with the boundaries of the lands in Tract 8332.
6. To compensate the City for the net loss of .021189 acres of
land, the District proposes to extend a credit of $21,189 to the
city toward the city's share of the improvement costs for Tract
8332 pursuant to the Agreement between City and District dated
Agreed to this
undersigned.
day of
, 1991 by the
By
CT
CITY OF CUPERTINO