CC Resolution No. 07-011
RESOLUTION NO. 07-011
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF A RESOLUTION APPROVING AN IMPROVEMENT
AGREEMENT WITH PANCAL CATALANO, L.P., A CALIFORNIA LIMITED
PARTNERSHIP, 11081 S. STELLING ROAD, APN 362-18-003
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Pancal Catalano, L.P., a California
Limited Partnership, for the installation of certain municipal improvements at 11081 S. Stelling
Road and said agreement having been approved by the City Attorney, and Developers 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 16th day of January 2007, by the following vote:
Vote
AYES:
NOES:
ABSENT:
ABSTAIN:
Members of the City Council
Wang, Kwok, Lowenthal, Mahoney, Sandoval
None
None
None
ATTEST:
APPROVED:
v
. ,~~
Cit~'
Resolution No. 07-011
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: PANCAL CATALANO, L.P., A CALIFORNIA LIMITED
PARTNERSHIP
LOCATION:
11081 S. STELLING ROAD, APN 362-18-003
A. Faithful Performance Bond: $ 255,183.03
TWO HUNDRED FIFTY-FIVE THOUSAND, ONE HUNDRED EIGHTY-THREE
AND 03/1 00 DOLLARS
B. Labor and Material Bond: $ 255,183.03
TWO HUNDRED FIFTY-FIVE THOUSAND, ONE HUNDRED EIGHTY-THREE
AND 03/1 00 DOLLARS
C. Checking and Inspection Fee: $ 1759.19
ONE THOUSAND SEVEN HUNDRED FIFTY-NINE AND 19/1 00 DOLLARS
D. Development Maintenance Deposit:
ONE THOUSAND AND 00/1 00 DOLLARS
$ 1,000.00
E. Storm Drainage Fee: Basin 2 $ 1617.66
ONE THOUSAND SIX-HUNDRED SEVENTEEN AND 66/100 DOLLARS
F. Street Light - One-Year Power Cost:
N/A
G. Map Checking Fee:
Paid
H. Park Fee: ZONE II
Paid
I. Reimbursement Fee
N/A