CC Resolution No. 07-168
RESOLUTION NO. 07-168
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE
CITY AND DEVELOPER CUPERTINO GREENLEAF LLC, A CALIFORNIA LIMITED
LIABILITY COMPANY, GREENLEAF COURT, APN 326-33-017
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Cupertino Greenleaf LLC, A California
Limited Liability Company, for the installation of certain municipal improvements at Greenleaf
Court, 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 2nd day of October 2007, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
Wang, Sandoval, Lowenthal, Mahoney
None
None
None
ATTEST:
APPROVED:
~~
City Clerk
Resolution No. 07-168
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Cupertino Greenleaf LLC, A California Limited Liability Company
LOCATION: Greenleaf Court, APN 326-33-107
A.
Faithful Performance Bond:
$88,979.00
EIGHTY-EIGHT THOUSAND NINE HUNDRED SEVENTY-NINE AND 001100 DOLLARS
B.
Labor and Material Bond:
$ 88,979.00
EIGHTY -EIGHT THOUSAND NINE HUNDRED SEVENTY -NINE AND 00/100 DOLLARS
C.
Checking and Inspection Fee:
$ 3,448.95
THREE THOUSAND FOUR HUNDRED FORTY -EIGHT AND 95/100 DOLLARS
D.
Development Maintenance Deposit:
$ 1,000.00
ONE THOUSAND AND 00/100 DOLLARS
E.
Storm Drainage Fee: Basin 2
Paid
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