CC Resolution No. 9574 _ _
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RESOLUTION NO. 9574
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEIvIENT
BETWEEN THE CITY AND DEVELOPER, COMMUNITY HOUSINC}
DEVELOPERS, INC., 19110 AND 19140 STEVENS CREEK BOULEVAFtD
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WHEREAS, there has been presented to the City Council u proposed
improvement agreement between the City of Cupcrtino and developer, Community
Housing Developers, Inc. for the installation of certain municipal improvements at 19110
and 19140 Stevens Creek Boulevard and said agreement having been npproved by the
City Attomey, 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 authoriud to sign thc aforementioned agreement on behalf of the City of
Cupertino.
PASSED AND ADOPTED at a regulaz meeting of the City Councii of the City of
Cupertino this 4th day of March, 1996, by the following vote:
y~g Members of Lhe Gitv .o mcil
AYES: Hautieta. Chang. Dean, Sorensen, Burnett ~
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: APPROVED:
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City Clerk Mayor, City of Cupertino
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Resolution No. 9574
EXHIBIT "A"
DEVELOFMENT: Commercial and Apartment Buildings
Commuity Housing Developers, Inc.
LOCATION: 19110 and 19140 Stevens Creek Boulevard
A. Faithful Performance Bond: 5232,000.00
TWO HUNDRED THIRTY-TWO THOUSAND 8c 00/100 DOLLARS
~ B. Labor and Materinl Bond: $232,000.00
TWO HUNDRED THIRTY-TWO THOUSAND & 00/100 DOLLARS
C. Checking and Inspection Fee: $ 12,738.00
TWELVE THOUSAND SEVEN HUNDRED THIRTY-EIGHT & 00/100 DOLLARS
D. Indirect City Expenses: N/A
E. Development Maintenance Deposit: $ 3,000.00
THREE THOUSAND &c 00/I00 DOLLARS
F. Sturm Drainage Fee: S 3,358.00
THREE THOUSAND THREE HUNDRED FIFTY-EIGHT & 00/100 DOLLARS
G. One Year Power Cost: $ 72.00
SEVENTY-TWO AND 00/100 DOLLARS
H. Street Trees: By Developer
I. Map Checking Eee: N/A
Park Fee: Zone III N/A
K. Water Main Reimbursement Fee: N/A
L. Maps and/or Improvement Plans: As specified in Item
#23 of agreement