CC Resolution No. 8091
RFSO:wrrON NO. 8091
A RESO:wrrON OF '!HE CI'lY CXXJNCIL OF '!HE CI'lY OF aJPER1'INO
AUIHOlUZING EXEaJI'ION OF IMPROVEMENT 1\GREEMENI' BmWEEN '!HE
CI'lY AND DElTEIDPER RANCHO SAN .ANIQlIO ~ HOOSING
CORPORATION, A CALIKIRNIA Nt'm'R:)FIT MillUAL BENEFIT CORPORATION,
AND APPROVING '!HE IMPROVEMENT PIANS, FQR[JM PHASE I, CRISro REY' œIVE
WHEREAS, there has been presented to the city Council a proposed
inprovement &'::J....emellt between the city of CUpertino an:i developer Rancho
San Antonio Reti....!îUe11t HousÍIx], a California Nonprofit Mutual Benefit
coqx>ration for the installation of certain 111IJI1icipal iJIIprovements in
conjunction with Forum B1ase I, cristo Rey Drive; an:i said agreement
havÍIx] been approved by the city Attorney, an:i Developer havÍIx] paid the
fees as outlined in the attached Exhibit A;
NCM, 'I'hI!a<EFORE, BE IT RFSOLVED that the Mayor an:i the City Clerk are
hereby authorized to sign the aforementioned agreement in behalf of the
City of CUpertino; an:i the city Engineer is authorized to sign the
inprovement plans.
PASSED AND AOOPI'ED at a
City of CUpertino this 2nd
follC7llin;J vote:
Vote Members of the citv Council
regular meetÍIx] of the City Council of the
day of April , 1990, by the
AYES: Goldman, Koppel, Sorensen, Szabo, Rogers
NOES: None
ABSENT: None
ABSTAIN: None
ATrEST: APPROVED:
/s/ Dorothy Cornelius
city Clerk
/s/ Barbara A. Rogers
Mayor, city of CUpertino
RFSO:wrrON NO. 8091
EXHIBIT "A"
SCHE!XJIE OF B:IID, FEES, AND DEFœITS
DEVEID:RŒNT: FœJM FfIASE l-GRADING, WATER SYSTEM, ON AND OFF-SITE
IMmOVEMENrs
RANCK> SAN AN'roNIO REJI'IREMENT musING 00RFaRATI0N, A
CALIroRNIA NOOmOFIT MU'IUAL BENEFIT 00RFaRATI0N
IDCATION: CRIS'ro REY œIVE
Ihase I - Public Water System Içrovements an:i on & off-site inprovements
as outlined umer an:i within Paragraph 13
A. Faithful Performance Boni: Water 1,116,000 $2,376,000.00
Off-site inprovements 1,260,000
'IW:) MILLION 'IHREE HUNDRED SEVENTY SIX 'IHOOSAND AND 00/100 OOLIA'RS
B. Labor an:i Material Boni: Water 1,116,000 $2,376,000.00
Off-site inprovements 1,260,000
'IW:) MILLION 'IHREE HUNDRED SEVENTY SIX 'IHOOSAND AND 00/100 OOLIA'RS
C. 01ec:kilY;J an:i Inspection Fee: $ 190,800.00
ONE HUNDRED NnmI'Y 'IHOOSAND ErGHI' HUNDRED AND 00/100 OOLIA'RS
D. IIxlirect City Expenses:
'IWENTY ElGHI' 'IHOOSAND SIX HUNDRED 'IWENTY AND 00/100 OOLIA'RS
E. Development Maintenance Deposit:
'IHREE 'IHOOSAND FIVE HUNDRED AND 00/100 OOLIA'RS
F. storm Drainage Fee:
SDcr'Y NINE THOOSAND SIX HUNDRED SDcr'Y AND 00/100 OOLIA'RS
$ 28,620.00
$ 3,500.00
$ 69,660.00
$ 216.00
By Developer
N/A
G. One Year Fewer Cost:
'IW:) HUNDRED SDcr'EEN AND 00/100 OOLIA'RS
H. street Trees:
1. Map 01ec:kilY;J Fee:
J. Park Fee: $ 478,500.00
FCXJR HUNDRED SE.VENIY ErGHI' 'IHOOSAND FIVE HUNDRED AND 00/100 OOLIA'RS
K. Water Main Extension Deposit:
L. Maps aOO¡or Inprovement Plans:
N/A
As specified in
Paragraph 17 of agreement