CC Resolution No. 9490RESOLUTION NO. 9490
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER IMWALLE & STEGNER,
DE ANZA BOULEVARD AND BOLLINGER ROAD
WHEREAS, there has been presented to the City Council a proposed
improvement agreement between the City of Cupertino and developer, Imwaller &
Stegner for the installation of certain municipal improvements on De Anza Boulevard and
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 6th day of November , 1995, by the following vote:
Vote: Members of the CiLy Council
AYES: Bautista, Burnett, Koppel, Sorensen, Dean
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: APPROVED:
City Clerk I Mayor, City o upertino
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Resolution No. 9490
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Commercial Building
Imwaller and Stegner
LOCATION: De Anza Boulevard and Bollinger Road
A. Faithful Performance Bond:
$69,000.00
SIXTY -NINE THOUSAND & 00 /100 DOLLARS
B. Labor and Material Bond:
$69,000.00
SIXTY -NINE THOUSAND & 00/100 DOLLARS
C. Checking and Inspection Fee:
$ 4,140.00
FOUR THOUSAND ONE HUNDRED FORTY & 00 /100 DOLLARS
D. Indirect City Expenses:
N/A
E. Development Maintenance Deposit:
$ 1,000.00
ONE THOUSAND & 00 /100 DOLLARS
F. Storm Drainage Fee:
$ 1,331.00
ONE THOUSAND THREE HUNDRED THIRTY -ONE & 00/100 DOLLARS
G. One Year Power Cost:
$ 150.00
ONE HUNDRED FIFTY & 00 /100 DOLLARS
H. Street Trees:
By Developer
I. Map Checking Fee:
N/A
J. Park Fee: Zone II
N/A
Acct #480 -416 -022
K. Water Main Reimbursement Fee:
N/A
L. Maps and/or Improvement Plans As specified in
Item #23 of Agreement