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CC Resolution No. 7640 RESOIDl'ION NO. 7640 A RESOIDl'ION OF '!HE CI'lY CXXJNCIL OF '!HE CI'lY OF aJPERl'lNO ATJIHORIZING EXEaJTION OF IMPROVEMENT AGREEMENl' BElWEEN THE CI'lY AND DEVEIDPER, IDR1'HINGION CHEVOOIEI' IDCATION, Sl'EVENS CREEK B:XJIEVARD WHEREAS, there has been presented to the City COUncil a proposed ~ement agreement between the city of CUpertino and developer, Worthington· Chevrolet for the installation of certain numicipal :iJDprovements on stevens Creek Boulevard and said agreement having been approved by the City Attorney, and Developer having paid the fees as outlined in the attached Exhibit A; NCM, 'IHEREFORE, BE rr RESOLVED that the Mayor and the City Clerk are hereby authorized to sign the aforementioned agreement in behalf of the city of CUpertino. PASSED AND AOOPI'ED at a regular meetin:J of the City Council of the City of CUpertino this 3lst day of October , 1988, by the following vote: vote AYES: Members of the city COUncil Johnson, Koppel, Plungy, Rogers, Gatto NOES: None ABSENT: None ABSTAIN: None A'lTEST: APImVED: /s/ Dorothy Cornelius City Clerk /s/ John M. Gatto Mayor, City of CUpertino EXHIBIT "A" SOĊ’IXJIE OF BOND, FEES, AND DEKSrI'S DEVEIDR>IENT: CXJoIMERCIAL IDRIHINGroN CHEIlROIEl' IDCATION: STEVENS æEEK BXJIE\TARD A. Faithful Performance Bond: SEVENTEEN 'IHOOSAND AND 00/100 OOLIARS B. Labor and Material Bond: SEVENTEEN 'IHOOSAND AND 00/100 OOLtARS c. 01ecking and Inspection Fee: ONE THOO'SAND 'lWENl'Y AND 00/00 OOLIARS D. Irdixect city Expenses: ONE HUNDRED FIFTY 'lHREE AND 00/100 OOLIARS E. Developnent Maintenance Deposit: FIVE HUNDRED AND 00/100 OOLtARS F. sto= Drainage Fee: SEVEN THOO'SAND SIX HUNDRED SDrnI' rouR AND 00/100 OOLIARS G. One Year Po¡,¡er Cost: SEVENTY 'IW) AND 00/100 OOLtARS H. street Trees: I. Map 01ecking Fee: J. Park Fee: K. Water Main Extension Deposit: L. Maps am,tor Inq:>rovement Plans: RESOIDl'ION NO. 7640 $ 17,000.00 $ 17,000.00 $ 1,020.00 $ 153.00 $ 500.00 $ 7,664.00 $ 72.00 By Developer N/A NjA NjA As specified in Item 23 of agreement