CC Resolution No. 9871RESOLUTION NO. 9871
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF AGREEMENT FOR THE INSTALLATION
OF STORM LINES AT THE SOUTHEAST CORNER OF PRUNERIDGE
AVENUE AT WOLFE ROAD, BY IRVINE APARTMENT COMMUNITIES,
INC. - TANDEM SITE
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Irvine Apartment Communities, a
Delaware Corporation, for the installation of storm lines at the southeast comer of Pruneridge
Avenue at Wolfe 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 16th day of June, 1997, by the following vote:
Vote
Members of the City Council
AYES: Burnett,
NOES: None
ABSENT: None
ABSTAIN: None
Chang, Dean,
Sorensen, Bautista
ATTEST:
Ci~'
APPROVED:
{yor, City of Cupertino
Resolution No. 9871
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT:
Installation of Storm Lines
Irvine Apartment Communities, Inc. - Tandem Site
LOCATION:
Southeast comer of Pmneridge Avenue at Wolfe Road
A. Faithful Performance Bond: $ 94,556.00
NINETY-FOUR THOUSAND FIVE HUNDRED FIFTY-SIX & 00/100 DOLLARS
B. Labor and Material Bond: $ 94,556.00
NINETY-FOUR THOUSAND FIVE HUNDRED FIFTY-SIX & 00/100 DOLLARS
C. Checking and Inspection Fee: $ 4,727.80
FOUR THOUSAND SEVEN HUNDRED TWENTY-SEVEN & 80/100 DOLLARS
D. Indirect City Expenses:
N/A
E. Development Maintenance Deposit:
THREE THOUSAND & 00/100 DOLLARS
$ 3,000.00
F. Storm Drainage Fee: Basin 3 $ 37,324.00
-To be collected prior to building permit
THIRTY-SEVEN THOUSAND THREE HUNDRED TWENTY-FOUR & 00/100 DOLLARS
G. One Year Power Cost: $ 375.00
-To be collected prior to building permit
THREE HUNDRED SEVENTY-FIVE & 00/100 DOLLARS
H. Street Trees: By Developer
I. Map Checking Fee:
N/A
J. Park Fee: Zone 1 - Acct# 480-416-033 $997,920.00
-To be collected prior to building permit
NINE HUNDRED NINETY-SEVEN NINE HUNDRED TWENTY & 00/100 DOLLARS
K. Water Main Reimbursement Fee:
N/A
Maps and/or Improvement Plans:
As specified in Item
No. 23 of agreement