CC Resolution No. 13-026 Improvement Agreement, Westerly Terminus of Bollinger RdRESOLUTION NO. 1 -026
A RESOLUTION of THE CITY COUNCIL of THE CITY of CUPEI TINO
AUTHORIZING EXECUTION of AN IMPROVEMENT AGREEMENT BETWEEN
THE CITY AND DEVELOPER, B LLI GER VENTURE, LL C, A CALIFORNIA
LIMITED LIABILITY COMPANY, TRACT 10157, WESTERLY TERMINUS of
BOLLINGER ROAD, APN: 359-22-077
WHEREAS, , there has been presented to the City Council a proposed
improvement agreement between the City of Cupertino and Developer, Bollinger
Venture, LLC, a California Limited Liability Company, for the installation of certain
municipal improvements at the Westerly terminus of Bollinger Road, and said
agreement having been approved by the City Attorney, and Developer having paid the
fees as outlined in the attached Exhibit A;
NOW, THEREFORE, BE IT RESOLVED THAT the Mayor and the City Clerk are
hereby authorized to sign the aforementioned agreement on behalf of the City of
Cupertino.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 19th day of March, 2013, by the following vote:
Note Members of the Cijy Council
AYES: Mahoney, Wong, Chang, Sinks
NOES: None
ABSENT: None
ABSTAIN: Santoro
AT'T'EST: APPROVE
24 k
Grace Schmidt, City Clerk Orrin Mahoney, Mayor, fity of Cupertino
Resolution No. 13 --026
Page
EXHIBIT / /Ate
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPER, B LLIN ER VENTURE, LL Q, A CALIFORNIA LIMITED
LIABILITY COMPANY
LOCATION: TRACT 10157, WESTERLY TERMINUS P B LLINGER ROAD,
APN: 359 - -077
PART A.
Faithful Performance ee Bond:
$713500.00
110 -2211
PART R
Labor and Material Bond:
$719500.00
1102211
PART .
Checking and Inspection e ee:
$3�575.00
11 -�1
PART D.
Development Maintenance Deposit;
$2fflo.00
110-2211
PART E,
Storm. Drainage pee — Basin 2
$4,'783,59
215 -4072
PART F.
Street Vet 1J 1} ht - One-Year 1 wer Cost:
$
110 -453'7
PART G.
Map Checking 1 •
$95213.00
i
110 -4539
PART H.
Park Pee: Zone II
$78, 75 0,00
280.4082
PART 1•
Reimbursement Fee � �
I