CC Resolution No. 03-160RESOLUTION NO. 03-160
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPERS
GB ESTATE HOMES, A CALIFORNIA LLC
10690 SOUTH STELLING ROAD, APN 359-22-067
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developers, GB Estate Homes, a California LLC,
for the installation of certain municipal improvements at 10690 South Stelling Road and said
agreement having been approved by the City Attorney, and Developers 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 2~a day of September, 2003, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
Chang, James, Kwok, Sandoval, Lowenthal
None
None
None
ATTEST:
/'xAPPROw~VED:
Major, City of Cupertino
Resolution No.03 - 160
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: GB Estate Homes, a California LLC
LOCATION: 10690 South Stelling Road
A. Faithful Performance Bond: Off-Site: $12, 130.00
TWELVE THOUSAND ONE HUNDRED AND THIRTY AND 00/100 DOLLARS
B. Labor and Material Bond: Off-Site: $12, 130.00
TWELVE THOUSAND ONE HUNDRED AND THIRTY AND 00/100 DOLLARS
C. Checking and Inspection Fees: $ 2,300
TWO THOUSAND THREE HUNDRED AND 00/100 DOLLARS
D. Development Maintenance Deposit: $1,000
ONE THOUSAND AND 00/100 DOLLARS
E. Storm Drainage Fee: Basin 2 $ 977.27
NINE HUNDRED SEVENTY SEVEN AND 27/100 DOLLARS
F. One Year Power Cost: N/A
110-4537
G. Street Trees: N/A
H. Map Checking Fee: $ 501
110-4539
I. Park Fee: ZONE II $ 31,500
J. N/A
ACCT #: 280-4082
Water Main Reimbursement:
110-4554
Maps and/or Improvement Plans:
As Specified in Item #20
BY DEVELOPER