CC Resolution No. 99-027RESOLUTION NO. 99-027
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZiNG EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER CUPERTINO VILLAGE ASSOCIATES II,
LLC, A CALIFORNIA LIMITED LIABILITY COMPANY; SOUTHWEST CORNER
HOMESTEAD ROAD ~ WOLFE ROAD, APN 316-05-055
WHEREAS, there has been presented to the City Council a proposed improvement agreement
between the City of Cupertino and developer, Cupertino Village Associates II, LLC, a California Limited
Liability Company, for the installation of certain municipal improvements at Southwest Comer
Homestead Road ~ Wolfe 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
19t~' day of January, 1999, by the following vote:
Vote
Members of the_ City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
BURNETT, CHANG, JAMES, STATTON, DEAN
NONE
NONE
NONE
ATTEST:
City Clerk (,/
APPROVED: ~.
Mayor~City ottj~upertino
Resolution No. 99-027
Page 2
DEVELOPMENT:
LOCATION:
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
Commercial Building
Cupertino Village Associates II, LLC, a California Limited Liability Company
Southwest Comer Homestead Road ~ Wolfe Road
A. Faithful Performance Bond:
TWENTY-TWO THOUSAND AND 00/100 DOLLARS
B. Labor and Material Bond:
TWENTY-TWO THOUSAND AND 00/100 DOLLARS
$ 22,000.00
$ 22,000.00
N/A
E. Development Maintenance Deposit:
THREE THOUSAND AND 00/100 DOLLARS
$ 3,000.00
F. Storm Drainage Fee: Basin #3 $ 1,331.00
ONE THOUSAND THREE HUNDRED THIRTY-ONE 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
D. lndirect City Expenses:
C. Checking and Inspection Fees: $ 1,975.00
ONE THOUSAND NiNE HUNDRED SEVENTY-FIVE AND 00/100 DOLLARS