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CC Resolution No. 5034 ~ ' ~ ~ RESOLUTION N0. 5034 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING THE EXECUTION OF AGREFSfENT WITH BARRE L. BARNES AND LTANDA J. BARNES. FOR STREET IMPROVEMENTS AND WATER MAIN INSTALLATIONS; MERRIMAN ROAD WHERFAS, there has been presented to the City Council an agreement for [he fu[ure improvement of the s[ree[ and current ins[allation of vater mains in conjunction vi[h the project on Merriman Road by Barre L. Barnes and Wanda J. Barnes; and ~ FIHEREAS, said proposed agrec3nent contains provisions for the construc- tion of streets. curbs, gut[ers, sidewalks and for other improvements vithin a period of five (5) years and six (6) mon[hs fron the date of execution of said agreemen[; and good and suEficient bonds, fees and deposits as set forth in Exhibit "A" having been presented for the fai[hful performance of said vork and [he carrying out of said agreement; and said agreesaent ' having been approved by the City At[orney; NOW, TH£REFORE, BE IT RESOLVED [hat the aforesaid agreement is hereby approved; and the Mayor and the City Clerk are hereby authorized [o e~cecute [he agreement in behalf of the City of Cupertino. BE IT FURTHER RESOLVED [hat the Ci[y Clerk is authorized to file this agreement vi[h the San[a Clara County Recorder. PASSED AND ADOPTED ai a regular mee[ing of the City Council of the City of Cuper[ino this 18th day of June , 1979, by the following vote: Vote Members of the City Council • AYES: .7ackson, O'Keefe, Rogers, Sparks, Meyers NOES: None ABSE;~T: None ABSTAIN: None APPROVED: 1.~• 1 ~ ,r2.,t. ~fayor. City of Cuper o ATTEST: , ~~,.z~ l ~ City Clerk i' . • ~ Exhibit "A" Res . "70 . 503~ SCHEDULE OF BOND, FEES, ~1.~'D DEPOSITS DEVELOPAIENT: Single-Family residence Barre L. Barnes and lJanda J. Barnes LOCATI0:1: lferriman Road PART A. Faithful Performance eond: $ 2,300.000 PART 8. Labor and Material Bondi $ 2,300.00 PART C. Checking and Inspection Fee~ $ 200.00 PART D. Indirect City Expenses: $ 30.00 °ART E. Development `Iaintenance Deposit: S 250.00 PART F. Storn Drainage Fee: $ 323.00 PART G. One Year Power Cost: $ PART H. Tree Fees: by Developer $ P~RT I. Kap Checking Fee: $ Pr1RT 1. Park Fee: S PaRT K. Water Nain Extension Deposit: $ vo[ applicable