CC Resolution No. 7470
RESOWI'ION NO. 7470
A RESOWI'ION OF '!HE CITY aJUNCIL OF 'IHE CITY OF aJPERI'INO
APPROVING FINAL PIAN FOR VALIDJ PARRWAY TRAFFIC SIGNAL
INSTALIATION; DEVEIDPER, w=.L'~ua..D, INC. ; AUIHORIZING
'IHE CITY ENGINEER 'IO SIGN 'IHE FINAL PIAN;
AND AUIHORIZING EXEaJI'ION OF l\GREEMENT IN CDNNECI'ION 'IHEREWITH
WHEREAS, there has been presented to the City Council for approval of
the final plan for the Vallee Parkway traffic signal installation by
Westfield, Inc.; an:i
WHEREAS, there has been presented to the city Council a proposed
agreement for traffic signal installation project, an:i good an:i sufficient
bonds, fees an:i deposits as set forth in Exhibit "A" havirq been presented
for the faithful perfODl1anCe of said 1roIOrk an:i the carryirq out of said
agreement; an:i said plan, agreement, an:i bonds havirq been approved by the
City Attorney;
NOW, nmREFORE, BE IT RESOLVED that said final plan for the Vallee
Parkway traffic signal installation be an:i the same is, hereby, approved;
an:i the City Engineer is hereby authorized to sign said final plan; an:i
the Mayor an:i the city Clerk are hereby authorized to execute the
agreement herein referred to in behalf of the City of CUpertino.
PASSED AND AOOPI'ED at
City of CUpertino this
followirq vote:
Vote Members of the City Council
a regular meetirq of the city Council of the
18th day of ADril , 1988 by the
AYES: Johnson, Koppel, Plungy, Rogers, Gatto
NOES: None
ABSENT: None
ABSTAIN: None
ATrFST: APPROVED:
Is I Dorothy Cornelius
City Clerk
/s/ John M. Gatto
Mayor, City of CUpertino
,.",
RESOWI'ICIoI 1«). 7470
EXHIBIT "A"
samIXJIE OF BCM:S, FEES, AND J:IEIœITS
DEVELOBŒNT: Traffic Signal Installation
Westfield, Inc.
IDCATICIoI:
Vallee Parkway
PARI' A. Faithful Performance Borxi:
Sixty-nine thcusan:i five h1.1mred an:i no/lOa dollars
PARI' B. Labor an:i Material Borxi:
Sixty-nine thcusan:i five h1.1mred an:i no/lOa dollars
PARI' C. Check:irq an:i Inspection Fee:
Four thcusan:i one h1.1mred seventy an:i no/lOa dollars
PARI' D. In:tirect City Expenses:
Six huOOred twenty-five an:i 50/100 dollars
PARI' E. Devel~tt Maintenance Deposit:
One thcusan:i an:i no/loa dollars
PARI' F. stoJ:m Drainage Fee:
PARI' G. One Year Power Cost:
One h1.1mred forty-four an:i no/lOa dollars
$69,500.00
$69,500.00
$ 4,170.00
$ 625.50
$ 1,000.00
N/A
$ 144.00
PARI' H. street Trees: By Developer
PARI' I. Map Check:irq Fee: NjA
PARI' J. Park Fee: N/A
PARI' K. Water Main Extension Deposit: NjA
PARK L. Maps an:ijor IDprovement Plans NjA