CC Resolution No. 7848
RESOIIJI'ION NO, 7848
A RESOIlJI'ION OF '!HE CITY CXXJNCIL OF T.HE CITY OF aJPER1'rnO
AI1IHORIZING EXEaJTION OF AMENDED AGREEMENT BElWEEN
CITY OF aJPER1'rnO AND AVMAC DEVEIDFMENT, INC.,
MCCIEL1:AN RJAD
WHEREAs, the City Council, on October 31, 1988, approved an agreement
between the City an:1 AVMAC Development, Inc. for the iJrprovement of
McClellan Road; an:1
WHEREAs, it is nøœssary to éUtIeIXi the original agreement to include a
lan:lscaping maintenance borxi which is required of the developer; an:1
WHEREAs, there has been presented to the City Council an "Amended"
agreement to supersede the original agreement an:1 all required fees,
bonis, an:1 deposits as shown on the attached Exhibit A have been filed by
the Developer;
NCM, ~Ul(t;, BE: IT RESOLVED that the City Council hereby approves
the amended ag1:6=LleI1t an:1 authorizes the Mayor an:1 the city Clerk to
execute said agreement in behalf of the City of CUpertino.
PASSED AND AOOPI'ED at a
City of CUpertino this 5th
following vote:
regular meeting of the City Council of the
day of June ,1989, by the
vote
AYES:
NOES:
Mgmbers of the Citv Council
Gatto, Johnson, Koppel, Rogers, Plungy
None
ABSENT:
None
ABSTAIN:
None
A'ITEST:
AI>ProVED:
Is I Dorothy Cornelius
City Clerk
Isl John J, Plungy, Jr,
Mayor, City of CUpertino
EXHIBIT "A"
SCHEI:XJIE OF OOND, FEES, AND DEroSITS
DEVEIDIMENT: SINGIE-FAM!LY œELLINGS
AVMAC DEVEIDIMENT, INC.
LOCATION:
MCCIELIAN mAD
A. Faithful Perfonnance Bon:i:
'lID HUNDRED FORrY 'IHOOSAND AND 00/100 DOLIARS
B. Labor an:1 Material Bon:i:
'lID HUNDRED FORrY 'IHOOSAND AND 00/100 DOLIARS
C. 01ecking an:1 Inspection Fee:
'lWELVE 'IHOOSAND AND 00/100 DOLIARS
D. Inlirect City Expenses:
ONE nIOOSAND EIGIfi' HUNDRED AND 00/100 DOLIARS
E. Development Maintenance Deposit:
ONE 'IHOOSAND AND 00/100 DOLIARS
F. Stem Drainage Fee:
ONE 'IHOOSAND ONE HUNDRED SEVENT1l ONE AND 32/100 DOLIARS
G. One Year Power Cost:
THIRlY SIX AND 00/100 DOLIARS
H. street Trees:
I. Map 01ecking Fee:
'lID HUNDRED AND 00/100 DOLIARS
RESOIlJI'ION NO. 7848
$240,000.00
$240,000.00
$ 12,000.00
$ 1,800.00
$ 1,000.00
$ 1,171.32
$
36.00
By Developer
$ 200.00
PAID
J. Park Fee: Zone: 1 $ 29,272.32
'IWENTY NINE 'IHOOSAND 'lID HUNDRED SEVENTY 'lID AND 32/100 DOLIARS
K. Water Main Extension Deposit $ 3,364.00
'lEREE 'IHOOSAND 'lEREE HUNDRED SIXTY FOOR AND 00/100 DOLIARS
L. Maps an:J¡or Improvement Plans:
M. Ianiscaping Maintenance Bon:i: $ 21,472.00
'IWENTY ONE nIOOSAND FOOR HUNDRED SEVENTY 'lID AND 00/100 DOLIARS