CC Resolution No. 99-069RESOLUTION NO. 99-069
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
APPROViNG THE PARCEL MAP AND IMPROVEMENT PLANS OF PROPERTY
LOCATED ON BOLLINGER ROAD ~ BLANEY AVENUE, APN 369-34-001/002;
DEVELOPER, INTRINSIC CUPERTINO, LLC; AUTHORIZING EXECUTION OF
iMPROVEMENT AGREEMENT; AUTHORIZING SIGNING OF PARCEL MAP AND
IMPROVEMENT PLANS
WHEREAS, there has been presented to the City Council for approval of the parcel map and
improvement plans of property located on Bollinger Road ~ Blaney Avenue, APN 369-34-001/002,
Intrinsic Cupertino, LLC; and
WHEREAS, there has been presented to the City Council a proposed agreement for the
construction of streets, curbs, and gutters and for other improvements, and good and sufficient bonds
(letter of credit), fees, and deposits as set forth in Exhibit "A" having been presented for the faithful
performance of said work and the carrying out of said agreement; and said map, agreement, and bonds
having been approved by the City Attorney;
NOW, THEREFORE, BE IT RESOLVED THAT:
Said parcel map and improvement plans herein referred to are hereby approved.
The offer of dedication for street areas and all easements is hereby accepted.
The City Engineer is hereby authorized to sign said improvement plans.
The City Engineer and the City Clerk are hereby authorized to sign said parcel
map and have it recorded.
The Mayor and the City Clerk are hereby authorized to execute the agreement
herein referred to.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino
this 1s' day of March, 1999, by the following vote:
Vote
Members o_f the City Council
AYES: BURNETT, CHANG, JAMES,
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
STATTON, DEAN
ATTEST:
City Clerk~~(~g~
APPROVED:
May~r, City of (~pe~ino --
Resolution No. 99-069
Page 2
A. Faithful Performance Bond: Off-site:
On-site:
ONE HUNDRED SIXTY-THREE THOUSAND AND 00/100 DOLLARS
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Commercial Building (Walgreen's)
Intrinsic Cupertino, LLC, a California Limited Liability Company
LOCATION: Bollinger Road ~ Blaney Avenue, APN 369-34-001,002
$163,000.00
$101,500.00
B. Labor and Material Bond:
ONE HUNDRED SIXTY-THREE THOUSAND AND 00/100 DOLLARS
C. Checking and Inspection Fees:
$163,000.00
$ 15,870.00
FIFTEEN THOUSAND EIGHT HUNDRED SEVENTY AND 00/100 DOLLARS
D. Indirect City Expenses:
E. Development Maintenance Deposit:
THREE THOUSAND AND 00/I00 DOLLARS
F. Storm Drainage Fee: Basin #3
ELEVEN THOUSAND THIRTY-FIVE AND 20/100 DOLLARS
G. One Year Power Cost:
THREE HUNDRED AND 00/100 DOLLARS
H. Street Trees:
I. Map Checking Fee:
FOUR HUNDRED THIRTY-TWO AND 00/I00 DOLLARS
Park Fee:
Water Main Reimbursement:
Maps and/or Improvement Plans:
N/A
$ 3,OOO.OO
$ 11,035.20
$ 3OO.OO
By Developer
$ 432.00
N/A
N/A
As specified in
Item #23 of agreement