CC Resolution No. 7635
RESOIDl'ION NO. 7635
A RESOIDl'ION OF '!HE CI'lY CXXJNCIL OF '!HE CI'lY OF aJPERI'INO
AImK>RIZING EXEaJTION OF IMPI<OVEMENl' AGREEMENl' BElWEEN '!HE
CI'lY AND JOSEFH P. AND FIDRENCE E. FWoNCX> AND AlFRED E. AND
MADELYN BENZO; HœESTEAD ROAD AND FWoNCX> CXJlJRl'
WHEREAS, there has been presented to the City Council a proposed
~ement agreement between the City of CUpertino and Joseph P. and
Florence E. Franco and Alfred E. and Madelyn Benzo, for the installation
of certain numicipal :iJDprovements at Hanestead Road and Franco Court; and
good and sufficient~, fees, and deposits as set forth in Exhibit "A",
having been presented for the faithful performance of said work, and
execution of said agreement; and said agreement having been approved by
the City Attomey;
Na'l, nŒREl'1.JKt¡, 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 3rd 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'ITES'I':
APPROVED:
/s/ Roberta A. Wolfe
city Clerk, Deputy
/s/ John M. Gatto
Mayor, city of CUpertino
Resolution No. 7635
EXHIBIT "A"
SOŒIXJIE OF B:>ND, FEES, AND DEKSrI'S
DEVEIDR>IENT:
CXJoIMERCIAL
JœEm P. AND FIDRENCE E. FWoNCX>
AlFRED E. AND MADELYN BENZO
IDCATION:
IDIESTEAD ROAD AND FWoNCX> CXJlJRl'
A. Faithful Perfomance Bond: $89,480.00
EIGHl'Y NINE 'IHOOSAND FOOR HUNœED EIGHl'Y AND 00/100 OOLIARS
B. Labor and Material Bond: $89,480.00
EIGHl'Y NINE 'IHOOSAND FOOR HUNœED EIGHl'Y AND 00/100 OOLIARS
C. 01ecking and Inspection Fee: $ 5,368.80
FIVE 'IHOOSAND 'lHREE HUNœED SDrnI'-EIGIn' AND 80/100 OOLtARS
D. Irdixect City Expenses:
EIGIn' HUNœED FIVE AND 32/100 OOLIARS
E. Developnent Maintenance Deposit:
FIVE HUNœED AND 00/100 OOLtARS
F. sto= Drainage Fee:
SIX 'IHOOSAND 'IHIRlY-FIVE AND 20/100 OOLIARS
G. One Year Power Cost:
'lHREE HUNœED AND 00/100 OOLtARS
H. street Trees:
$ 805.32
$ 500.00
$ 6,035.20
$
300.00
I. Map 01ecking Fee:
By Developer
N/A
N/A
N/A
N/A
J. Park Fee:
K. Water Main Extension Deposit:
L. Maps am,tor IDq:>rovement Plans: