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CC Resolution No. 7119 RESOlIJI'ION NO. 7119 A RESOIlJTION OF THE CITY aJUNCIL OF THE CITY OF CXJt'J;;!ü'.JlIIO AUTHORIZING EXEaJTION OF RESCISSION OF DEFERRED AGREEMENT BEIWEEN THE CITY AND CXJt'J;;!ü'.JlIIO CITY CENTER ASSOCIATES A, C & D; EAST OF SOOTH DE ANZA BJUIEVARD AND SOOTH OF STEVENS ŒEEK BJUIEVARD WHEREAS, the City of CUpertino an::1 CUpertino City Center Associates A, C, & D, has previously entered into an agreement for the installation of municipal improvements on a deferred basis at the southeast corner of Stevens Creek Boulevard an::1 South DeAnza Boulevard; an::1 WHEREAS, the b!1provement requirements of the aforementioned deferred agreement have I'IOW been inooJ:POrated in a new development agreement approved by the City Council at its meeting of December 15, 1986; MOO, THEREFORE, BE IT RESOLVED that the City Council of the City of CUpertino hereby releases an::1 rescWs all obligations of the aforementioned deferred agreement an::1 authorizes the Mayor an::1 the City Clerk to execute the rescission agreement an::1 record said rescission agreement with the Santa Clara County Recorder. PASSED AND AOOP!'ED at a regular meeting of the city Council of the City of CUpertino this 30th day of March , 1987 by the following vote: vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Gatto, P1ungy, Rogers, Sparks None Johnson None ATI'FST: APPROVED: /s/ Dorothy Cornelius city Clerk /s/ W. Reed Sparks Mayor, city of CUpertino