CC Resolution No. 98-284RESOLUTION NO. 98-284
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN
THE CITY AND DEVELOPER GB ESTATE HOMES, A CALIFORNIA
LIMITED LIABILITY COMPANY, 10370 SOUTH STELL1NG ROAD,
APN 359-13-066
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, GB Estate Homes, a California Limited
Liability Company, for the installation of certain municipal improvements at 10370 South
Stelling Road 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 16~ day of November, 1998, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAiN:
BURNETT, DEAN, JAMES, STATTON, CHANG
NONE
NONE
NONE
ATTEST:
,~cROVED: r~ f~ .-~
Mayor, City of Cupertino
Resolution No. 98-284
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Single Family Homes
GB Estates, a California Limited Liability Company
LOCATION: 10370 South Stelling Road
A. Faithful Performance Bond:
FIVE THOUSAND FIVE HUNDRED AND 00/100 DOLLARS
B. Labor and Material Bond:
FIVE THOUSAND FIVE HUNDRED AND 00/100 DOLLARS
C. Checking and Inspection Fees:
$5,500.00
$5,500.00
D. Indirect City Expenses:
E. Development Maintenance Deposit:
ONE THOUSAND AND 00/100 DOLLARS
F. Storm Drainage Fee: Basin #2
TWO HUNDRED THIRTY-NiNE AND 00/100 DOLLARS
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
$1,000.00
$ 239.00
ONE THOUSAND NINE HUNDRED SEVENTY-FIVE AND 00/100 DOLLARS
$1,975.00