CC Resolution No. 9704 RESOLUTION NO. 9704
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER, SOBRATO DEVELOPMENT
COMPANY, 19310 PRUNERIDGE AVENUE
WHEREAS, there has been presented to the City Council, a proposed
improvement agreement between the City of Cupertino and developer, Sobrato
Development Company for the installation of certain municipal improvements at 19310
Pruneridge Avenue, and said agreement having been approved by the City Attorney, and
Developer having paid the fees as outlines 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 16th day of September, 1996, by the following vote:
Vote Members of the City_ Council
AYES:. Bautista, Chang, Dean, Sorensen, Burnett
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: APPROVED:
Mayor, City of Cupertino
Resolution No. 9704
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Commercial Building
Sobrato Development Company
LOCATION: 19310 Pmneridge Avenue
A. Faithful Performance Bond: $ 25,500.00
TWENTY-FIVE THOUSAND FIVE HUNDRED & 00/100 DOLLARS
B. Labor & Material Bond: $ 25,500.00
TWENTY-FIVE THOUSAND FIVE HUNDRED & 00/100 DOLLARS
C. Checking & Inspection Fees: $ 1,744.00
ONE THOUSAND SEVEN HUNDRED FORTY-FOUR & 00/100 DOLLARS
D. Indirect City Expenses: N/A
E. Development Maintenance Deposit: $ 500.00
FIVE HUNDRED & 00/100 DOLLARS
F. Storm Drainage Fee: Basin #3 $ 10,954.00
TEN THOUSAND NINE HUNDRED FIFTY-FOUR & 00/100 DOLLARS
G. One Year Power Cost: N/A
H. Street Trees: By Developer
I. Map Checking Fee: N/A
J. Park Fee: Zone I N/A
K. Water Main Reimbursement Fee: N/A
L. Maps &/or Improvement Plans: As specified in
Item #23 of agreement