CC Resolution No. 3876
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RESOLUTION N0. 3876
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPE~tTINO
APPROVING FINAL PLAN FOR THE IMPROVEMENT OF FRONTAGES LO-
CATED ON WOLFE ROAD, VALLCO PARKWAY, ET AL.; DEVELOPER,
VALLCO PARK, LTD., A LIMITED PARTNERSHIP; AUTHORIZING THE
CITY ENGINEER TO SIGN THE FINAL PLAN; AND AUTHORIZING EX-
ECUTION OF AGREEMENT IN CONNECTION THEREWITH
WHEREAS, there has been presented to the City Council for approval of the
final plan for the improvement of street frontages located at Vallco Fashion
Park by Vallco Park, Ltd., a limited partnership; and
WHEREAS, there has been presented to the City Council a proposed agree-
ment for the construction of streets, curbs, gutters, sidewalks, and for other
improvements, and good and sufficient letter of credit, fees, and deposits
as set forth in Exhibit "A", having been presented for the faithful performance
of said work and the carrying out of said agreement; and said plan, agreement,
and letter of credit having been approved by the City Attorney;
NOW, THEREFORE, BE IT RESOLVED that said final plan for the improvement
of street frontages on Wolfe Road, Vallco Parkway, et al., be and the same is
hereby approved; and the City Engineer is hereby authorized to sign said final
plan; and the Mayor and the City Clerk are hereby authorized to execute the
agreement herein referred to in behalf of the City of Cupertino.
PASSED AND ADOPTED at a regular meeting of the City Council of the City
of Cupertino this 17th day of March , 1975, by the following vote:
Vote Members of the City Council
AYES: Frolich, Meyers, Nellis, Sparks, Jackson
NOES: None
ABSENT: None
ABSTAIN:None
APRPOVED:
/s/ James E. Jackson
. Mayor, City of Cupertino
ATTEST:
/s/ Wm. E. Ryder '
City Clerk
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Exhibit '~A"
Res, No. 3876
SCHEDULE OF BOND, FEES, AND DEPOSITS
~ DEVELOPMENT: Vallco Fashion Park
I Vallco Park, Ltd., a limited partner"ship
LOCATION: Wolfe Road, Vallco Parkway, et al.
A. Faithful Performance Bond~ $970,000
B. Labor and Material Bond* $
C. Checking and Inspection Fee $ 48,500
D. Indirect City Expenses $ 7,275
E. Development Maintenance Deposit $ 3,000
F. Storm Drainage Fee $ 4,730
*Letter of credit