CC Resolution No. 5740 ~ ~
/ R~SOLUTION N0. 5740 •
A RESOLUTION OF THE CITY COUt7CIL OF TF1E CITY OF CUPERTIP70
AUTfiORIZI~iG EXECUTION OF IttE'ROVEPtCNT AGREEM$NT BF.T(IEEN THE
, CITY AND GREGG C. BUHKER: NORTl1WEST COP.NER OF SUNPlYVALE -
SARATOGA ROAD AtID WILDFLOWER WAY
WIiEREAS, there has been presented to the Ci[y Co~ncil a proposed
agreement between the City of Cuper[ino and Gregg C. Bunker for the improve-
ment of the norttiwest corner of Sunnyvale-Saratoga Road and Wildflower Way
in conjunction with the Photo Drive-up; and good and sufFicient bonds
(letter of credit), fees, and deposits ns aet forth in Exliibit "A" have been
presented for the faithful performance of said work and tl~e prosecution of
said agreement; and said agreement and bonds havin~ been upproved by the
City Attorney;
NOW, TNEREFORE, BE IT RESOI.VED that the r~yor and the City Clerk are
hereby authorized to execute the agreement referred to in behalf of the
City of Cupertino.
PASSED AND ADOPTED at a regular meeting of the City Council of the City
of Cupettino this 2nd day of Novemher , 1981, by the followinq
vote:
Vo[e Members of the City Council
AYES: Gatto, Johnson, Plungy, Rogers, Sparks
NOES: None
ABSENT: None
AISSTAIN : None
APPROVGD:
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ATTEST: Aiayor, City o rtino
i
u! • ~'-~-~"'_L
~ Deputy C ty C erk
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~ Exhibit "A"
Res. Na. 5740
SCHEDULE OF BONDS, FEES, AND DEPOSITS~
DEVEIAPMENT: Gregg C. Bunker, Photo Drive-Up
LOCATION: Nortliwest Corner of Sunnyvale-Saratoga Road and Wildflower
Way
A. Faithful Performance Rond: $25,000.00
Twenty-Five Thousand and no/100 Dollure
B. Labor and Piaterlal Dond: $25,000.00
Twenty-Five Tliousand and no/100 Dollurs
C. Checkip~ and lnspection Fee: $ 1,250.00
One Thousand Two Hundred Fifty and no/100 Dollars
D. Indirect City Expenses: $ 188.00
One Hundred Eighty-Eight and no/100 Dollara
E. Development Maintenance Deposit: $ 250.00
Ttao Ilundred Fifty and no/100 Dollars
F, Storm Drainage Fee: $ 986.00
Nine Hundred Eight-Six and no/100 Dollars
G. One Year Power Cost: $ 63.00
Six[y-Three and no/100 Dollars
H. Street Trees By Developer
I. Map Checking Fee: N/A
J. Park Fee: N/p
K. Water Main Extension Deposit N/A .