CC Resolution No. 6265 ~ ~
i
I
RESOLUTION N0. 6265
A RF.SOI.UTLON OF TNE CITY COUNCIi. OF TAE CIT'Y OF CUPCRTTNO
rV'PROVING FINAL PLAN FOR 'fHE IMPROVEhIF.NT OF FRONTAGF.
1.OC.ATED ON MCCLF.[,T.AN ROAD; DF:VI:IAPER, THRUST LV PROFI'P
SIIAKING TRUST; AUTHORI7.iNG THE CITY F.NGINEER TO SIGN THF.
FINAL PLAN; AND AUTIlORI2INC EXECUTION OF AGREEMENT IN
CONNECTION THEREWITH
i WkIEREAS, there hus been presented [o the CLty Council for .~pproval
I of the final plan [or the improvement of street [rontage Loc~ted on
McClellan Road, east of San I.eandro Avenue, by Thrust IV Profit Sharing
~ Trust; and
~
WHEREAS, there has been presen[ed to the C1[y Council a proposed
agreement for the construction of streets, curbs, guttera, sidewalks, and
for other improvements, and good and sufficient bonds, fees and deposits
' as set Forth in Exhibit "A", having been presen[ed for the faithful perform:nu~~
of said work and the carrying out of sa[d agreement; and said plan, agrcement,
and bonds having been approved by the City Attorney; and
WfiEREAS, said agreement contains provision for thc reimhursement of
$2,100.00 to Thrust IV for street improvements; and said amount having
been contributed by Glasson ~nd B 6 C Construc[ion and being held in trust by
the City until s~ch time as improvements are completed pnd accepted by Che
City; and
WNF.RF.AS, said agreement also cont~tins provision for [he reimbursement
of $2,850.00 to Thrust IV from the (:ity~s master storm drain fund for mntiter
atorm drnin facilities to be installed by the developer beyond his boundary
of responsibility;
NOW, T}iERI'sEORF., BF. IT RF.SOLVED tt~at said f inal plan for the improvemen[
of street frontage on McClellan Road, east of San Leandro Avenue and thc
same is hereby, npproved; and the City F.ngineer is hereby autliorized to sign
s~id final plaa; and the Mayor and the Ci[y Clerk are hereby authori~ed to
execute this agreement herein referred to in behaif of the City of C~pertino.
UE IT l1~RTH~it RBSOI.VGD that tlie developer shall be reimbursed as herein-
above outtined upon City Council acceptance of the improvements.
PASSEA AND ADOPTED this z18t day oE ~r„~r~, 1984 by the following
vote.
Vo[e Members of the City Council
AYES: Catto. Johnaon, Rogere, Sp~rks, I'lungy
NOES:. None
ARSBNT: None
ABSTAIN: None
,
~ ~solution No. 6265
ATTF.ST: APPROVF.D:
~ 1
~ . ,(.1 ` .~C^~~-"'(d~'C~
( Ci y Clerk yor, ity of Cu 6
~ Deputy
I
I
~
~
~
I
I
i
(
~
II
;
i
.
~ ~
EXIIIBIT "A"
!
SCHEDULE OF BOND, FEES. AND DEPOSITS
' DEVELOPtfENT: Single Family Residence
Thrust IV Profit Sharing Trust
LOCATIOt~: McClellan Road Fast of San Leandro Avenue
A. Faithful Performance Bond: 528,300.00
TWenty-eight Thousand Three flundred and ra/100 Dollars ~
B. Labor and htaterial Bond: ~28~300.00
Twenty-eight Thousand Three tlundred and rw/100 Dollars
C, Checking and Inspection fee: y 1~132.00
One Thousa~d One tiundred iYiirty-Two and ra/100 Dollars
D. Indirect City Expenses: s 169•00
One Nundred Sixty-Nine and no/100 Dollars
E. Development Maintenance Deposit: 250.00
Two Hundred Fifty and no/100 Dollars
F. Storm Drainage Fee: 632.00
Six Hundred Thirty-TNO and no/100 Dollars
G. One Year Power Cost: N/A
N. Street Trees: By Developer
I. Map Checking Fee: N/A
J. Park Fee: N/A
K. Reimbursement to City !'or Water Main E 1.T50.00
One 7'housand Seven Ilundred F1fty and no/100 Dollars
L. Storm Drain Heimbursement: E 2~850.00
Two Thousand Eight tlundred Fifty and no/100 Dollars
Ff. City Contribution to Street Improvements ; 2~100.00
Two Thousand One tlundred and ra/t0U Dollars
N. Maps and/or Improvement Plans: By Developer