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CC Resolution No. 7873 RESOIIJTICN NO. 7873 A RESOIIJTION OF '!HE CITY CXXJNCIL OF '!HE CITY OF aJPERI'INO AUIHORIZING EXEaJI'ICN OF IMPROVEMENT AGREEMENT BElWEN '!HE CITY AND DEVEIDPER JAMES H. SISK, IDCATED ON MIRA VISTA AVENUE A.P.N. 357-04-26, 27 WHEREAS, there has been presented to the City Council a þL~ Ílli>rovement agreement between the city of CUpertino am James H. sisk for the installation of certain IIILU1Ícipal Ílli>rovements on Mira vista Avenue am said acp:.o.:.IIelAt havin;J been approved by the city Attomey, and Developer havin;J paid the the fees as outlined in the attached Exhibit A; lUf, ~Ul<IS, BE rr RESOLVED that the Mayor am the City Clerk are hereby authorized to sign the afo:mentioned agreement in behalf of the City of CUpertino. PASSED AND AOOPI'ED at a regular mee1:in1 of the city OJuncil of the City of CUpertino this ';th day of Julv , 1989, by the followin;J vote: vote ]ofømhers of the City Council AYES: NOES: ABSENT: ABSTAIN: Gatto, Johnson, Koppel, Rogers, Plungy None None None ATI'ES'l': APPROVED: /8/ Dorothy Cornelius City Clerk /s/ John J. Plungy, Jr. Mayor, city of CUpertino EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT Single-Family Dwelling DEVELOPER James H. Sisk LOCATION Mira Vista Avenue A. FAITHFUL PERFORMANCE BOND: $41,200.00 Forty One Thousand Two Hundred Dollars and no/lOO Dollars B. LABOR AND MATERIAL BOND: $41,200.00 Forty One Thousand Two Hundred and no/lOO Dollars C. CHECKING AND INSPECTION FEE: $ 2,060.00 Two Thousand Sixty Dollars and no/lOO Dollars D. INDIRECT CITY EXPENSES: Three Hundred Nine Dollars and no/lOO Dollars $ 309.00 E. DEVELOPMENT MAINTENANCE DEPOSIT: Five Hundred Dollars and no/lOO Dollars $ 500.00 F. STORM DRAINAGE FEE: One Thousand Fifty Seven Dollars and no/lOO Dollars $ 1,057,00 G. ONE YEAR POWER COST: N/A H. STREET TREES: By Developer I. MAP CHECKING FEE: J. PARK FEE N/A K. WATER MAIN REIMBURSEMENT Five Thousand Six Hundred Twenty Five Dollars and no/100 $5,625.00 L. MAPS AND/OR IMPROVEMENT PLANS: As specified in Item 23 of Agreement M. CREDIT FOR INSTALLATION & OVERSIZING OF STORM SYSTEM ($2,433.00)