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CC Resolution No. 5263उउ†縉उउ †ठඕഊ ൾऊउउउ䕒体啌䥔乏†ぎ‮㔠㘲ളऊउ†䄉†䕒体啌䥔乏†䙏†䡔⁅䌠呉⁙䌠問䍎䱉†䙏†䡔⁅䌠呉⁙传⁆䌠偕剅䥔低਍उ ठ偁剐噏义⁇†倉剁䕃⁌䴠偁†ठ乁⁄䤠偍佒䕖䕍呎†䱐乁⁓传⁆†倉佒䕐呒൙ऊउ†䰉䍏呁䑅†䱁乏⁇䴠䍃䕌䱌乁†佒䑁†呁†䡔⁅䔠呎䅒䍎⁃吠⁏吠䕈†ठ佇䙌਍उ ठ佃剕䕓†ठ䕄䕖佌䕐ⱒ†⹃†䥍䡃䕁⁌䌠䅌卓乏†乁⁄䈠†‵䌠†佃华剔䍕ഭऊउ†吉佉⁎䄠呕佈䥒䥚䝎†ठ塅䍅呕佉⁎†伉⁆䤠偍佒䕖镴䕴呎††ठ䍁䕒䵅久㭔਍उ ठ啁䡔剏婉祉⁇†ठ䥓乇义⁇传⁆倠剁䕃⁌椠ㅾ偁†乁⁄䤠汁剐噏偅䕛呎†䱐乁൓ऊ ठ歗䕩䕒十‬琠敨敲†慨⁳戠敥瀠敲敳瑮摥†潴†桴⁥䌠瑩⁹䌠畯据汩†潦⁲愠灰潲慶挠൦ऊ†ठ桴⁥瀠牡散洠灡†湡⁤椠灭潲敶敭瑮†汰湡⁳漠⁦瀠潲数瑲⁹氠捯孡摥†污湯⁧倠捬汃汥慬൮ऊ†刉慯⁤愠⁛琠敨†湥牛湡散†潴†桴⁥朠汯⁦挠畯獲⁥戠⁹䌠‮倠楩档敡䜠慬獳湯†湡⁤䈠†‶䌠਍ ठ潃獮牴捵楛湯※愠摾਍उ†圉䕈䕒十‬琠敨敲†慨⁳戠敥瀠敲敳瑮摥†潴†桴⁥䌠孩⁹䌠畯据汩†⁡瀠潲潰敳൤ऊ†愉牧敥敭瑮†潦⁲琠敨†潣獮牴捵楴湯†景†孳敲瑥ⱳ†畣扲ⱳ†湡⁤朠瑵整獲‬愠摮†潦൲ऊ†漉桴牥†浩牰癯浥湥獴‬愠摮†潧摯†湡⁤猠晵楦楣湥⁴戠湯獤†氨瑥整⁲漠⁦挠敲楤⥴ബऊ†昉敥ⱳ†湡⁤搠灥獯孩⁳愠⁳猠瑥†潦瑲⁨椠䔠桸扩瑩†䄢•栠癡湩⁧戠敥瀠敲敳瑮摥†潦൲ऊ†琉敨†慦孩晨汵†数晲牯慭据⁥漠⁦猠楡⁤眠牯愠摮†桴⁥挠牡祲湩⁧漠瑵†景†慳摩†条敲ⵥ਍ ठ敭瑮※愠摮†慳摩†慭⁰愠牧敥敭瑮‬愠摮†潢摮⁳栠癡湩⁧戠敥愠灰潲敶⁤戠⁹琠敨†楃祴਍ ठ孁潴湲祥഻ऊ 三坏‬吠䕈䕒但䕒‬䈠⁅䤠⁔删卅䱏䕖⁄吠䅈ൔऊ 愉‮†匉楡⁤瀠牡散洠灡†湡⁤椠灭潲敶敭瑮†汰湡⁳栠牥楥爠晥牥敲⁤琠愠敲†敨敲祢਍उउ灡牰癯摥മऊ 戉‮†吉敨†景敦⁲漠⁦搠摥捩瑡潩映牯†瑳敲瑥†牡慥⁳愠摮†污攠獡浥湥獴†獩†敨敲祢਍उ††ठ捡散瑰摥മऊ 按‮†吉敨†楃祴†湅楧敮牥†獩†敨敲祢†畡桴牯穩摥†潴†楳湾†慳摩†浩牰癯浥湥⁴瀠慬獮മऊ 搉‮†吉敨†楃祴†湅楧敮牥†湡⁤琠敨†楃祛†汃牥愠敲†敨敲祢†畡桴牯穩摥†潴†楳湧†慳摩਍उ††ठ慰捲汥†慭⁰愠摮†慨敶†孩†敲潣摲摥മऊ 攉‮†吉敨†慍潹⁲愠摮†桛⁥䌠瑩⁹䌠敬歲†牡⁥栠牥扥⁹愠瑵潨楲敺⁤琠攠數畣整†桴൥ऊ ††愉牧敥敭瑮†敨敲湩†敲敦牲摥†潴മऊ 倉十䕓⁄䄠䑎†䑁偏䕔⁄愠⁴愠†敲畧慬⁲洠敥楴剮†景†桴⁥䌠瑩⁹䌠畯据汩†景†桴⁥䌠瑩൹ऊठ景†畃数瑲湩琠楨ॳ㜉桴 搉祡†景††䄉牰汩 ठ‬ㄠ㠹⸰祢†桴⁥映汯潬楷杮਍ 瘉瑯㩥਍ 嘉瑾॥ †ठ敍扭牥⁡漠⁦琠敨†楃癴†潃湵楣൬ऊठ奁卅ऺठ慊正潳Ɱ†✰敋晥ⱥ†潒敧獲‬匠慰歲ⱳ†敍敹獲਍ 三䕏㩓 三湯൥ऊठ卾呾⁾†ठ潎敮਍ 䄉卓䅔义›†三湯൥ऊठ呁䕔呓ऺउउ ठ偁剐噏䑉ഺऊउउउ ††氉繾⸮縷繾਍ 䌉瑩⁹䌠敬歲उउ †ठ慍潹⹲†楃祴†景†畃数瑲湩൯ഊ उउउउउउउ ††Ⰹ਍उउउउउ ठ繒獾汯瑵潩丠⹯†㈵㌶उ††縉਍उउ††縉††䜉楘䥦䥂⁔∠≁उउඕऊउ †ठ䍓楉䑅䱕⁅传⁆䈠乏ⱁ†䕆卅‬䄠楴⁄䐠傣协呉൓ 爠਍ ठ䕄䕖佌䵐久㩔 匉湩汧⁥䘠浡汩⁹删獥摩湥散൳ऊउ †䌉‮䴠捩慨汥†汇獡潳愠摮†⁓㘠†⁃䌠湯瑳畲瑣潩൮ऊ†䰉䍏呁佉㩎 †ठ捍汃汥慬删慯⁤愠⁴攠瑮慲据⁥琠琠敨†潱晬†潣牵敳਍उउउउ ठ‵††㔉ⰸ〰⸰〰਍†ठ總晾椻‱㼠牥漺彲牡挮⁥㌠湯㩤਍उउउउउउउउ†ठ൉ऊउउउउ†匉††ठ㠵†〰⸰〰उउ††ठൾ †䰉扡牯†慡⁤㨠慓穣楲污†漳摮ഺऊउउउउ†有उ⸲〹⸰〰उउ††ठൾ †䌉爧捥⸧㩣杺†㩡⁤䤠⹮湳捥彟敯†彥㩥਍उउउउ ठ१†ठ㌴⸵〰਍†ठ繓楤瑲彣†楃祴†㨽敮獡慥ഺऊउउउउउउउ †ठ൩ऊउउउउउउउ †ठൾऊउउउउ†㔉 ㄉ㔬〰〮ര †䐉癥決灯敥瑮†占楡㩮慾据⁥縠㽥獯捩ഺऊउउउउ†有 ㈉㜬㕊〮ര †匉潣獲†挿㵡慮獧†ठ愿㩥उउउउउउ†ठൾऊउउउउउउउ †ठ楾਍उउउउ ठ॓††㜉⸲〰਍਍⸠†ठ湏⁥뀠慡‽倠癡㩥†潃繳ഺऊउउउउ ठ奂†䕄䕖佌䕐൒ഊ ‮†㨉猺⁥뀠敥㩳†ठ奂†䕄䕙佌䕐॒उ 匉਍उउउउ †匉 †ठ〵〮ര ‬†縉⸮灡†慃敡挡慩⁧䘠敥ഺऊउउउउ†ठहठⰲ㘱⸰〰उउ††ठൾ ‬†㼉㩡縧⁣䘠瑥ഺऊउउउउ†ठवठ‱㤠㈷〮ര ‬†✉㝾捡牥†占楡删攬繩畢獲浥慥ॴउउ†ठⰳ㜳⸰〰਍††匉潣浲†牄楡删楥扭牵敳敯瑮उउ †ㄉ㔬〰〮ര †ठ捓楡⁲䤠汦†潲敶敾据†敒潩畢獲湥湥整縠†慾उ††ठൾ †ठ畆畴敲†潒摡†慉瑰癯晥敬瑮⁳ⴠ†繋਍਍ A G R E E' ME:; T --------- This AGREEMENT made and encered into this 12th day of ____________ M_a_r_c_h _____ , 19~, by and be~~een the CITY OF CLTERTINO, a municipal corporacion of the State of Cali=ornia, hereinafter designated as CITY, and C. Michael Glasson and B & C Construction hereinafter designated as Developer. W I r N E SSE T H ---------- IffiEREAS, the Developer has made application to the CITY for a PARCEL HAP and is securing a building permit from CITY to construc_ and maincain a SINGLE FAHILY RESIDENCE ~~~------------------- hereinaftar r~ferred to as "Project .. n WHEREAS, CITY hereoy approves the ~provement plans and specifications prepared for the Project by ______ ~N~O~W~A~CK~~&~AS~S~O~C~I=A~TE~S~ ____________________ __ a true copy of said improvement plans and specifications are On file in the office of the City Engineer of Cupertino; and WHEREAS, the same are incorporated herein by reference, the same as though set out in full; now, therefore, said improve..'Ilent plans and specifications shall be hereinafter called "the Plans, It and the "ork to be done under the plans shall be called "the Work." WHEREAS, pursuant to the provisions of this AGREEME~IT, the CITY hereby establishes the amounts of Bond, Fees, and Deposit as set forth in the follo~ng schedule; -1- .~ .~ 2A3.'!' 3. '. ~a!lot' and ,~Eat'i3.l :land: , , ··l?AaT,. C.' Ole<::}d:!g 'and. ·rllSpe<::t:ioQ. ree: • '.," '. , '., 1"., ! ' .' . l?_~~'!' _. Development: ~incenance Deposic: PAil:! ';. Scor:n !ll:aillaga :ee: PA.1.T G. One !Olar :o,..,,,r Case: l?A3.'!' a: tree Fees: BY DEVELOPER , , PART K. Watar Main Reimbursement Storm Drain Reimbursement Stair Improvement Reimbursement Future Road Improvements -McClellan Road as follo~s, IO-WI!: 1. JED I C.U!ON -Nt A -2- 58,000.00 S __ ~5~8~!0~0~0~.~0~0 ................ __ " 1 $ '2,900.00 ----~----------~ $ ____ ~4~3~5~.0~0~ ______ __ $ 1,500.00 ----~------------- $ _____ 2~,3~3~S~.~0~0 __________ _ S 72.00 ........................................ - S BY DEVELOPER .... ------------------ 50.00 $ 2.160.00 .- $ 1 1972.00 3,370,00, 1,500.00 2,100.00 2A. INS~~LLATION OF WORK It is further agreed that: (a) the Developer shall install and complete the Work vithin one (1) year from the date of a~ecution of this AGREEMENT, or s~ch longer period as may be specifically authorized in writing by the City Engineer; In 'the event the Developer fails or refuses to Co'!'pltHe the work .:ithin the specified' period' of ti1ne, the CITY, at its .sole option, shall be authorized to complete the Work in': , , ; .:hatever manner the CITY shall decide. In the event the ,CITY coople,tes .the :\vork, the CITY may recover any and all,costs incurred thereby from the Developer or the ,Developer's surety or both. (b) The Developer shall install and complete the work in a good and workmanlike manner in accordance .:ith the plans as approved by the City ~ngineer of Cupertino. The Work'shall be done in accordance vith a~isting ordi~ances and resolutions of the City of Cupertino, and in accordance with all plans, specifi- cations, standards, sizes, lines and grades approved by the City ~gineer. The Work shall be done in accordance w~th all State and County Statutes applicable thereto. the decision of the City Engineer shall be final as to whether any material or workmanship meets the standards, specifications, plans, sizes, lines and grades as set forth. (c) It is further agreed that the Work shall be done in accordance with the Standard Specifications of the Depart~ent of Public Works, Division of Eigh- ways, State of California, dated January, 1973 and in accordance with the speci- fications of the Cupertino Sanitary District where applicabie. -3- wneraver the 'Words HStat:e" or "Division of Highwaysft are mentioned in the • Stat~ Specifications, it shall be considered as referring to the City of Cupertino; also wherever the "Director" or "Director of Public I,orks" is mentioned, it shall be considered as referring to the City Engineer. In case of conflict be~Jeen the State Specifications and the specifications of the City of Cupertino and/or the Cupertino Sanitary District, the specifications of the City of Cupertino and/or the Cupertino Sanitary District shall take prece- dence over and be used in lieu of such conflicting portions. 2B. WATER MAIN REnmURSEMENT & STAIR IHPROVEHENT REDmURSEl'1ENT These monies are to repay the City for the improvement the City constructed and funded. 2C. STOR'! DRAIN REnffiURSE}1ENT This reimbursement is due the developer for the installation of City Haster Storm Lines. Said monies are to be paid to the developer upon completion of the ,",ork involved. 2D. FUTURE ROAD IHP ROVENEl'<TS This money is due from the developer for the City's improvement of McClellan Road along the westerly boundary of the development. Said amount shall be the final amount due. 3. EXCAVATION P'E!t'lIT It is further agreed that the Developer shall comply with Section Three of Ordinance No. 130 of the City of Cupertino by obtaining an excavat<ion per:nit f=om the City Engineer before the commencement of any ~~cavation in, on, or under "he surtace of any ~xisting public street, lane, alley, Sidewalk, or other' public place. It is fur"her agreed that the Developer shall notify the City Engineer of the ~~ac: date and time when the proposed excavation is to co~ence. -4- ., .~ 4 ,)UITCL'l.I:-r ::lEE:) . I t is fur :her agreed t..lu!t: !)eveloper J :.h.en reques tad by t::t.e CI7"!, shall cruitclam all his .rights and inCeresr:s in, and shall grant :::0 CI:L! auc.:wrization . . to ext::-act '"ater from the underground strata lying beneat..1-t said project and Developer agrees to execute a "Quitclai:w. Deed and Aut:horiza tion" in favor of CITY, when presented to him for signature. 5. BONDS AiID OTHER SECURITY (a) Upon the execution of ,this AGREE:'!ENT, the Develope!: shall file ,.ith the CITY a faithful perforillance bond to assure his full and faithful perfo~ance of this AGRE~E~T. The penal sum of said faithful perfo~nce bond shall be :he full cos t of any ;>ayment to be made unde!: this .-\.GllF101ENT,. the value of any land agreed to be dedicated, and any improvements to be ~ade under this AG:~~ENT. In the event that improvements are to be made under this AGREE:!ENT, the :Je':eloper shall, in addition to said faithful perforolance, file 'nth the CllY a labor and ~terials bond in a penal sum adequate to assure full payment of all labor and materials required to construct said i:w.provements. The amount of said bonds shall b.e as designated by the City Engineer. Said bonds shall be executed by a surety company aut..~orized to transact a surety business in the State of California and must be approved by. the City Attorney as to form and' by the Cit'! 2:ngineer as to sufficiency. In the event that the Developer shall fail faithfully to perfor.n the covenants and conditions of this AGRE21~T, or to ~ke any payment, or any dedica- tion of land, or any improvements herein required, the CITY shall call on the surety to ;>erfonn this AGtl.EE!!1ENT or other1~ise inde!!lnify the CIT': for the Developer's failure to do 50. (b) In lieu of a surety bond, the Developer may elect to secure this AGREE:·I2'T by depositing ~.ith the CITY: -5- '. (1) Cash; or, (2) A cashier'a check, or a cercified check, payable :0 che oreer of the CITY; or, (3) A certificate of deposit, or instrument of credit meecing the requirem.ents of Government Code Section 66499" (b) or (c). (c) The amount of said cash, chec.l(s, certificate of deposit, or instru- ment of credit shall be as designated by the City Engineer, and shall be the equiv- alent to that which would have been required had t.'1e Developer furnished the CITY with a surety bond. In the event that t:..'le Developer shall fail faithfully to perform the covenants and conditions of this AGRE~~, or to make any payment, or any dedication of land, or any improvements therein required, the CITY may apply the proceeds of said security thereto. (d) No release of surety bond, cash deposit, c.'ec.~, or certificate of deposit, shall qe made except upon approval of the City Council. (e) No interest shall be paid on any security deposited with the CITY. 6. CHECI{!I~G A.'lD INSPECTION FEE' It is further agreed that Developer shall pay any and all necessary direct expenses for inspection, checking, etc., incurred by CITY in connection with said Project, and that Developer shall have deposited with CITY, prior to execution of this AGREEMEr.~. the amount as set forth herein at Page 2 (Part C). Should con- struction cost vary materially from the estimate from whith said sum is calCUlated, the City Engineer shall notify Developer of any additional sum due and owing as a result t:.."ereof., 7 • I)lDlRECT EX?ENSES It is further agreed that Developer shall pay to CITY I prior co execution of this AGREEMEYT, indirect expense allocable to processing these i~provements, the am.ount as set fort:..; herein at Page 2 (Part D). 7 A. cL'..P FlLI)lG FEE It is further agreed thae ~he Developer shall cieposit wieh CITY, prior to a"(acucion of c~is AGREE:·IE~T, for office c....~ec<ing of finQ.l ;:nap and field c-,ecking (1evised 12/4/61) of cr7Y. :~e amount as sec for:h herein at Page 2 (Par':: I). It is furt~er agreed ~hat the Developer shall pay to the CITY, prior to execution of this AGREEME~T. ~he amount set forth herein at Page 2 (Part E) as a development ~intenance deposit to insure proper dust control and cleaning during the construction period. The development ~intenance deposit may be· utilized for repairs of defects and i~perfections arising out of or due to faulty workmanshi~ and/or materials appearing in said work during the period until release of the improvement bonds by the CITY. Should the Developer complete the required repairs to the entire satisfaction of the CITY, the unused balance will be returned after the release of the 9.A. STORM DRAI~AGE FEE It is further agreed t!:.at ,the Developer shall deposit: ",'"ith' ;:he CITY, prior to execution of this AGREEMENT, a stor.n drainage charge in connection witn said project in accordance with the requirements established in Resolution 4422, March 21, 1977 in the amount as set rorth herein at Page 2, (Part F). 9. B. WATER MAIN E.1:TENSION DEPOSIT The Developer rurther agrees to,deposit with the City those monies required to comply with "Policy on Water Main Extensions Work and Deposits" dated 9/30/77. The deposit shall be held by the City unt~l said monies are ~~eded to imp lament improvements outlined by the Director of Public works or ii!lp!"ovemen ts outlined wi thin an edopted lvater ~!aster Plan. T.~e amount shown herein at Park K, Page 2, shall be the full amount dce. 7 - '. 10. ONE YEAR POWER COST It is further agreed thae ehe Developer shall pay to CITY prior to execution of this AGREEMENT, the amoune as set forth herein at Page 2 (Part G), which amount represents the power cost for street lights for one year. 11. FEES FOR THE INSTALLATION OF STREET TREES It is further agreed that the CITY shall, at such time as deemed appropriate by the City Engineer, plant and maintain street trees in con- formance with the standards of the City of Cupertino. As payment for said installation and maintenance by the CITY, the Developer shall pay to the' CITY, prior to the execution of this AGREEMENT, the amount as set forth herein at Page 2 (Part H), which amount represents the fees for installation and maintenance of said street trees, having been calculated at the unit price of $15.00 per tree. 12. PARK FEES It is further agreed that the Developer shall pay such fees andl or dedicate such land to the City, prior to execution, as is required within "Park Dedication Ordinance" NllIllber 602, 1972 and which is further stipulated under Part J., Page 2 here~n. 13. MAINTENANCE OF THE WORK It is further agreed that the Developer shall maintain the l,rork, until all deficiencies in the (,rork are corrected to contoeID to the Plans and the CITY s tandaeds and specifications for the I-Iork. The Develope!" shall, upon written notice theeeof, i~~ediately repair oe replace, without cost or obligation to the City of Cupertino, and to the entire satisfaction of said CITY, all defects and imperfeccions arising out of or due to ~aulty workmanship andlor materials appearing in said ;-Iork.. -8 - -, 14. S&~ITARY DISTRICT It is further agreed that the Developer shall file with CITY, upon execution of this agreement, a letter from the Cupertino Sanitary District stating that the Developer has entered into a separate AGREEM~~T with the said District to install sanitary sewers to serve all lots,within said Proj~ct and stating that a bond to insure full and faithful performance ---' of the constructions of the said sanitary sewers and to insure maintenance of said sanitary sewer in conformance with the provisions as set forth in Paragraph 13 above has been filed. 15. GOVERNMENT CODE It is further agreed that Developer shall file with CITY, upon execution of this AGREEMENT, substantial evidence that all provisions of Section 66493, Article 8, Chapter 4 of the Government Code, pertaining to special assessments or bonds, have been complied with .• 16. C~~TRAL FIRE DISTRICT It is further agreed that the Developer shall file w~th the CITY, upon execution of this AGREEMENT, a letter from the Central Fire Protection District of Santa Clara County, stating that the Developer has entered into an AGREEMENT with said District to install fire hydrants to serve said Project and stating that all necessary fees have been deposited ,~ with said District to insure installation and five (5) year rental fee of said hydrants. -9 - , 17. STREET L!GBTI~G It is further agreed char the Developer shall apply for the ins~allaciou of electric power for ~treet lighting at the earliest data pOSSible. 18. P.G.& E. A.~ P.T.& T. It is further agreed that the Developer shall pay to Pacific Gas and Electric Company and/or to Pacific Telephone and Telegraph Company any and all fees reouired for ins talla tion of overhead and/or underground wiring circui ts, to all electroliers within said proper~j and any and all fees required for under- grounding as provided in Ordinance No. 331 of CITY when Developer is notified by either the City Engineer or the Pacific Gas and Electric Company and/or Pacific Telephone and Telegraph Company that said fees are due and payable. 19. EASEME!ITS AND RIGRT-OF-I';AY It is further agreed that any easement and right-oE-way necessary for completion of the Project shall be acquired by the Developer at his own cost and expense. It is provided, however, that in the event eminent domain proceedings are required by the CITY for the purpose of securing said easement and right-of-way, that the Developer shall deposit with C1TY a sum covering the reasonable market value of the land proposed to be taken and to be included in said sum shall be a reasonable allowance for severance damages, if any. It is further provided that in addition thereto, such sums as may be required for le~al fe~s and costs, engineering, and other incidental costs in such reasonable smounts as the CITY may require shall be deposited with CITY. 20. HOLD F.AR.'1LESS It is further agreed that, commencing wit~ the perio~ance of the Work by the Developer or his contractor and continuing until the conpletion of the maintenance of the Work, the Developer shall indemnify, hold ha=less and ciat end , the CITY from and against any or all loss, cost,! expense, damage or liabili~j, I or claim thereof, occasioned "oy or 1:1 any way "h'atsoever arising out of the ?er:::or- -10 - ::1aiice or nonper£ol:"::ance of t..':e ~·:ork. or the :1e'51iJ~e!lca vr ~.;ill£ul r.1isconduc: of i the Developer or the Develcperfs agents, ~Dlovees and i~de?endent cont~actor5~ • . I 21. D1SU?~'\J.'!CE It is further agraed that: The Developer shall take out, or $hal~ requi=a any contractor engaged to perform the Hark to take out, and maintain at all times during the perfo=nce and maintenance of the ~.jork called for or required to be done hereunder, a policy of insurance naming the CITY and members of the City Council of the City of Cupertino, indiv~dually and collectively, and the officers, agents, and employees of ~,e CIT! individually and collectively, as insured. Said se?arate policy shall provide bodily injury and progerty damage coverage to the foragoing named CITY and individuals covering all the ~ork performed by, for, or on ~e.l;alf of said De',eloper. Both bodily injury and property d&-.a.ge i:lsurance must be on an occurrence basis; and said policy or policies shall provide that the coverage aiforded, thereby shall be primary coverage to the full limit of liahilicy stated in the declarations, and if the CITY, its members of the City Council, individually and collectively, and the officers, agents, and employees of the CITY, individually and collectively, have other insurance against the loss covered by said policy or policies, that o~,er insurance shall be e."tcess insurance only. (a) Ea~~ of said policies of insurance shall provide coverage in the folla.iing minimum amounts, for bodily injury, ~100,OOO each person; ~300,000 each OCC:.lrrence; property dar::age, S50, 000 on account: of anyone occurrence "i th an a~gre~ate li~~t of not less than S200,000. (b) The Developer shall file "ieh the City Engineer at or ?rior t:o tohe t:i.:le of execution of this AGRE~1~ by the Developer such evidence of said =aregoing policy or policies of insurance as shall be satisfact:or: .. " :::0 said City Enginee.r. Each such policy or policies shall bear an endors~ent ?recluding the cancel:acion or raduc.t:'on in coverage ';vithout giving the Cit:'" Engineer at ls2.st 18 days aaVa!!!:e no tice cheraoi. (c) In the event ;:hat ::::e ?rojec.t cove1:ad :::erein should be :::ut:.la:l:.- -11 - .' .~ . ' . . t?o.'l.:..::'c.al subd:.7:...sion of :!le Stata of C.al.:.i0 r-::':'.a., ::!:le pol':'c:"as ot i=.su=anc.a ==q"..l':'=e.d. provision sa~ for~ herei~ and above for ~~e protection of che Ci~ of Cuper~~o shall equally a~~ly to Municipality and political subd~visiot1~ 22". SUCCZSSORS This AGR~n: sha:l.l bUui the heirs, admi:t:!..scators, e.::cec:utors, successors, assig:t:lS and tra:t:lSferees of Oevaloper. rue ass:!.g=ant of this AGa.:::::~1E:l'r shall not: be Qade .. ioout approval by oe City Council of CIT!. its Mayor and City Clerk. ~ereunto duly au~ori=ed oy resolution of the City Co~cil and said Developer has nerauntc caused his =e to be affL-..:ed t.,"a day· a:!ld ye.ar CIT! OF CUPERTL'IO 3y Mayor 3y Ack.,owledgemencs· and Exnioic(s) __________ ~a~tached. -12 - .. . - · , STATE OF CALIFORNL~ ) ) ss. GOU~TY OF SA...'lTA CLARA) On March 14 Notary Public in and for , 19~, before me, the said·State, personally appeared undersigned, a C. Michael Glasson and Barre L. Barnes known to me to be the persons whose names are subscribed to the within Instrument, and acknowledged to me that they executed the same. l-ITTNESS my hand and official seal. SHIRLEY K, HANSON .otary Public 'n for the County of Santa Clara, State of California CORPORATION ACKNOI-lLEDGEMENT STATE OF CALIFORNIA ) ) ss. COUNTY OF SA...'ITA CLARA) On , 19 , before me, the undersigned, a Notary Public in and for the said State, personally appeared ___________________________________________________________________ , known to me to be the of , the corporation that executed the within Instrument, known to me to be the person who executed the within Instrument, on behalf of the Coruoration herein named, and acknowledged to me that such Corporation executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal in the County of Santa Clara the day and year in this certificate first above written. Notary Public in and for the County of Santa Clara, SC2te of California