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CC Resolution No. 01-241- RESOLUTION NO. 01-241 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER CUPERTINO COMMUNITY SERVICES, 20235 STEVENS CREEK BOULEVARD, APN 316-24-008 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Cupertino Community Services, for the installation of certain municipal improvements at 20235 Stevens Creek Boulevard 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 19thday of November, 2001, by the following vote: Vote Members of the City Council AYES: Bumett, Chang, James, Lowenthal NOES: None ABSENT: None ABSTAIN: None ATTEST: Mayor, City of C~r~ino Resolution No. 01-241 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Cupertino Community Services LOCATION: 20235 Stevens Creek Boulevard, APN 316-24-008 A. Faithful Performance Bond: Off-site: $ 58,400.00 On-site: $ 44,588.00 FIFTY-EIGHT THOUSAND FOUR HUNDRED AND 00/100 DOLLARS FORTY-FOUR THOUSAND FIVE HUNDRED EIGHTY-EIGHT AND 00/100 DOLLARS B. Labor and Material Bond: Off-site: $ 58,400.00 On-site: $ 44,588.00 FIFTY-EIGHT THOUSAND FOUR HUNDRED AND 00/100 DOLLARS FORTY-FOUR THOUSAND FIVE HUNDRED EIGHTY-EIGHT AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 5,150.00 FIVE THOUSAND ONE HUNDRED FIFTY AND 00/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: $ 1,000.00 ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: $ 1,293.00 ONE THOUSAND TWO HUNDRED NINETY-THREE AND 00/100 DOLLARS G. One Year Power Cost: N/A H. Street Trees: By Developer I. Map Checking Fee: N/A J. Park Fee: N/A K. Water Main Reimbursement: N/A L. Maps and/or Improvement Plans: As specified in Item #23 of agreement