CC Resolution No. 99-026RESOLUTION NO. 99-026
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHOR/ZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER HONEYWELL-MEASUREX CORPORATION,
A CALIFORNIA CORPORATION; RESULTS WAY/IMPERIAL AVENUE, APN 357-20-040 AND
041, APN 357-17-067 AND 068
WHEREAS, there has been presented to the City Council a proposed improvement agreement
between the City of Cupertino and developer, Honeywell-Measurex Corporation, a California
Corporation, for the installation of certain municipal improvements at Results Way/Imperial Avenue 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
19~' day of January, 1999, by the following vote:
Vote
AYES:
NOES:
ABSENT:
ABSTAIN:
Members of the Cit~ Council
BURNETT, CHANG, JAMES, STATTON, DEAN
NONE
NONE
NONE
ATTEST:
APPROVED:
- Resolution No. 99-026
Page 2
DEVELOPMENT:
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
Industrial Building
Honeywell-Measurex Corporation, a California Corporation
LOCATION:
Results Way/Imperial Avenue
$ 237,397.50
A. Faithful Performance Bond:
TWO HUNDRED THIRTY-SEVEN THOUSAND THREE HUNDRED NiNETY-SEVEN AND 50/100 DOLLARS
B. Labor and Material Bond: $ 237,397.50
TWO HUNDRED THIRTY-SEVEN THOUSAND THREE HUNDRED NINETY-SEVEN AND 50/100 DOLLARS
C. Checking and Inspection Fees: $ 14,243.85
FOURTEEN THOUSAND TWO HUNDRED FORTY-THREE AND 85/100 DOLLARS
Indirect City Expenses:
Development Maintenance Deposit:
F. Storm Drainage Fee: Basin #3
G. One Year Power Cost:
ONE HUNDRED EIGHTY-EIGHT AND 00/100 DOLLARS
I.
J.
K.
L.
Street Trees:
Map Checking Fee:
Park Fee:
Water Main Reimbursement:
Maps and/or Improvement Plans:
N/A
PAID
PAID
$ 188.00
By Developer
N/A
N/A
N/A
As specified in
Item #23 of agreement