CC Resolution No. 4007 RESOLUTZON N0. 4007
A RESOLUTZON OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZYNG EXECUTION OF UNIMPROVED STREET REIMBURSEMENT
AGREEMENT B~TWEEN THE CITY OF CUPERTINO AND MAY
. INVESTMENT COMPANY; RAE LANE
WHEREAS, there has been presented to the City Council a reimbursement
agreement by and between May Investment Company and the City of CuperCino for
the reimbursement of certain funds to May Investment Company for the improvement
of Rae Lane, and said agreement ca11s for reimbursement involved therein to be
made only if developments by other developers occur on Rae Lane;
NOW, THEREFORE, BE IT RESOLVED, that the Mayor and the City Clerk are
hereby autho~ized 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 Council tliis 18th day of August , 1975, by the
£ollowing vote:
Vote Members of the City Council '
AYES: Frolich, rieyers, Nellis, Sparks, Jackson
NO~S: None
ABSENT: None
ABSTAIN:None
. APPROVED:
/s/ James E. Jackson
r4ayor, City of Cupertino
ATTEST:
/s/ Wm. E. Ryde'r
City C].erk ,