CC Resolution No. 98-265RESOLUTION NO. 98-265
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN
THE CITY AND DEVELOPER SYMANTEC CORPORATION, A CALIFORNIA
CORPORATION, DE ANZA BOULEVARD, APN 369-01-035 (TRACT 7953, LOT 5)
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Developer Symantec Corporation, a
California Corporation, for the installation of certain municipal improvements at De Anza
Boulevard, Tract 7953, Lot 5, 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 19~ day of October, 1998, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
BURNETT, DEAN, JAMES, STATTON, CHANG
NONE
NONE
NONE
ATTEST:
VED: ,~
Mayor, City of Cupertino
Resolution No. 98-265
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Commemial Building
Symantec, a California Corporation
LOCATION: De Anza Boulevard
Tract 7953, Lot 5
A. Faithful Performance Bond:
TWENTY-SEVEN THOUSAND AND 00/100 DOLLARS
B. Labor and Material Bond:
TWENTY-SEVEN THOUSAND AND 00/100 DOLLARS
C. Checking and Inspection Fees: $ 1,975.00
ONE THOUSAND N1NE HUNDRED SEVENTY-FIVE AND 00/100 DOLLARS
D. Indirect City Expenses:
E. Development Maintenance Deposit:
ONE THOUSAND AND 00/100 DOLLARS
F. Storm Drainage Fee: Basin #3
FIVE HUNDRED NINETY-THREE AND 00/100 DOLLARS
$ 27,000.00
$ 27,000.00
G. One Year Power Cost: N/A
H. Street Trees: By Developer
I. Map Checking Fee: N/A
J. Park Fee: N/A
K. Water Main Reimbursement: N/A
L, Maps and/or Improvement Plans: As specified in
Item #23 of agreement
N/A
N/A
$ 1,000.00