CC Resolution No. 98-054RESOLUTION NO. 98-054
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER SYMANTEC; 10201 Torre
AVENUE, APN 369-41-005
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Symantec, for the installation of certain
municipal improvements at 10201 Torre Avenue and said agreement having been approved by
the City Attorney, and Developer having paid the fees as outlined in the attached Exhibit A;
NOW, THEREFORE, BE IT RESOLVED THAT the Mayor and the City Clerk are
hereby authorized to sign the aforementioned agreement on behalf of the City of Cupertino.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 17~ day of February, 1998, by the following vote:
Vote
Members of the City Council
AYES: Burnett, Dean, James, Statton, Chang
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
City Clerk -~/
Mayor, City of Cupertino
Resolution No. 98-054
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Loading Dock
Symantec
LOCATION: 10201 Torre Avenue
A. Faithful Performance Bond: $ 22,320.00
TWENTY-TWO THOUSAND THREE HUNDRED TWENTY AND 00/100 DOLLARS
B. Labor and Material Bond: $ 22,320.00
TWENTY-TWO THOUSAND THREE HUNDRED TWENTY AND 00/100 DOLLARS
C. Checking and Inspection Fees:
ONE HUNDRED NINETY-THREE AND 00/100 DOLLARS
D. Indirect City Expenses:
E. Development Maintenance Deposit:
FIVE HUNDRED AND 00/100 DOLLARS
$ 193.00
N/A
$ 5OO.OO
F. Storm Drainage Fee: Basin #3 N/A
G. One Year Power Cost: N/A
H. Street Trees: By Developer
I. Map Checking Fee: N/A
Jo Park Fee: N/A
K. Water Main Reimbursement: N/A
L. Maps and/or Improvement Plans: As specified in
Item #23 of agreement