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87-055 Landmark Property, Improvement Agreement, Merriman Rd ' c **�, • Cites of Cupertino 10300 Torre Avenue P.O. Box 580 Cupertino, California 95014 Cupertino,California 95015 Telephone: (408) 252-4505 OFFICE OF THE CITY CLERK October 27, 1987 • Mr. Michael Pisano Landmark Property 150 W. Iowa Avenue, Suite 201 Sunnyvale, CA 94086 We are enclosing to you-for your files one (1) copy of the Agreement by and between the City of Cupertino and Landmark Property, A California Corporation which has been fully executed by City Officials, along with one (1) copy of Resolution No. 7329 which was enacted by the City Council of the City of Cupertino, at their regular meeting of Monday, October 12, 1987. This document requires recordation which takes approximately six to eight weeks and will be on file in this office after completion. Sincer , r j �!/. ( l DOROTHY CORNEI2US CITY CLERK CITY OF CUPERTINO DC/so encl. cc: Department of Public Works r t INTERIM CITY HALE �� 10(30 S. DeAnza Blvd.. 9482226 Cifpertino, CA 95014 NO FT.E IN ACCORDANCE AGREEMENT K 333?AGE 356 WITH 60V CODE 6103 MERRIMAN ROAD This AGREEMENT made and entered into this 12th day of October , 19 87 , by and between the CITY OF GTJPERT NO, a municipal corporation of the State of California, hereinafter designated as CITY, and LANDMARK PROPERTY, A CALIFORNIA CORP. hereinafter designatrAd as DEVELOPER. WITNESSETH• WHEREAS, the DEVELOPER has made application to the CITY for to construct and maintain A SINGLE FAMILY DWELLING hereinafter referred to as "project." WHEREAS, the CITY hereby agrees tb permit DEFERMENT of the required red development improvements in accordance with the provisions of this AGREEMENT; and; - WHEREAS, the DEVELOPER hereby agrees to provide necessary improvement plans and specifications at such time as they may be required by the City Engineer or as provided herein and; WHEREAS, the DEVELOPER further agrees to perform at his sole cost all the work necessary to complete installation of those improvements which will be required in accordance with those plans to be prepared; and WHEREAS, the DEVELOPER agree to provide bonds, cash payments, or other guarantees as 'outlined herein to assure compliance with conditions of development approval; and Page 1 K 339p4GE 357 WHEREAS, pursuant to the provisions of this AGREEMENT, the CITY hereby established the amounts of Bonds, Fees, and Deposits as set forth in the following schedule: SCHEDULE OF BONDS, FEES AND DEPOSITS Category 2 (980-206.43) PART A. Faithful Performance Bond: Deferred PART B. Labor and Material Bond: Deferred PART C. Checking and Inspection Fee: Deferred PART D. Indirect City E r»^ses: Deferred PART E. Development Maintenance Deposit: Deferred PART F. Storm Drainage Fee: $ 323.60 - — - THREE HUNDRED TWENTY THREE AND N0/100 DOLLARS PART G. One Year Power Cost: Deferred PART H. Street Trees: By Developer PART I. Map Checking Fee: N/A PART J. Park Fee: N/A PART K. Water Main Extension Deposit: $ 500.00 FIVE HUNDRED AND NO/100 DOLLARS PART L. Maps and/or Improvement Plans: Deferred Page 2 • • K 339PAGE 35 NOW, THEREFORE, IT IS HEREBY MUTUALLY AGREED by and between the parties hereto as follows, TO WIT: 1. DEDICATION A. The DEVELOPER Offers to dedicate the real property shown on Exhibit "A", which is attached hereto and made a part hereof by reference. Said dedicated property shall be free and clear of all liens or encumbrances except those which the CITY shall waive in writing. The DEVELOPER agrees not to revoke said offer of dedication, and to keep said offer open until the CITY accepts offer by resolution. B. Upon execution of this AGREEMENT the DEVELOPER agrees to deliver a properly executed grant deed to the CITY of the real property described in Exhibit "A", and such other executed conveyances, or instruments necessary to convey clear title as herein required. The DEVELOPER shall provide, at the DEVELOPER'S sole cost and expense, to the City: (1) A preliminary title report issued by a title insurance company relating to the property offered for dedication. ' (2) A standard policy of title- insurance issued by a title insurance company and insuring the CITY in the sum of: N/A and which shall show said property free and clear of all liens or encumbrances except those as the CITY shall expressly waive in writing; said policy shall be furnished at the time of acceptance of dedication and recordation of deed. C. Upon the condition precedent that the DEVELOPER shall --- - perform each and every covenant and condition of this AGREEMENT, the CITY agrees to accept said teal property offered for dedication. 2. INSTALLATION OF WORK It is further agreed that: A. The DEVELOPER shall install and complete the Work within one (1) year from the date of execution of this AGREEMENT, or such longer period as may be specifically authorized in writing by the City Engineer. In the event the DEVELOPER fails or refuses to complete the Work within the specified period of time, the CITY, at its sole option, shall be authorized to complete the Work in whatever manner the CITY shall decide. In the event the CITY cmupletes the Work, the CITY may recover any and all costs incurred thereby from the DEVELOPER or the DEVELOPER'S surety or both. B. The DEVELOPER shall install and complete the Work in a good and workmanlike .mariner in accordance with the plans as approved by the City Engineer of Cupertino. The Work shall be done in accordance with existing ordinances and resolutions of the CITY and in accordance with all plans, specifications, standards, sizes, lines, and grades approved by the City Engineer. The Work shall be done in accordance with all State and County Statutes applicable hereto. The decision of the City Engineer shall be final as to whether any material or workmanship meets the standards, specifications, plans, sizes, lines and grades as forth. Page 3 • • K 33 'AGE 359 C. It is further agreed that the Work shall be done in accordance with the most current Standard Specifications of the Department of Public Works, California Department of Transportation, State of California, and in accordance with the specifications of the Cupertino Sanitary District . where applicable. Wherever the words "State" or "California Division of Highways" are mentioned in the State Specifications, it shall be considered as referring to the CITY of Cupertino; also wherever the "Director" or "Director of Public Works" is mentioned, it shall be considered as referring to the City Engineer. In case of conflict between the State Specifications and the scifications of the CITY and/or the Cupertino Sanitary District, the specifications of the CITY and/or the Cupertino Sanitary District shall take precedence over and be used in lieu of such conflicting portions. 3. EXCAVATION PERMIT It is further agreed that the DEVELOPER shall comply with Section Three of Ordinance No. 130 of the .a by obtaining an excavation permit from the City Engineer before the commencement of any excavation in, on, or under the surface of any existing public street, lane, alley, sidewalk, or other public place. It is further agreed that the DEVELOPER shall notify the City Engineer of the exact date and time when the proposed excavation is to commence. 4. QJITCLAIM DEED • It is further agreed that the DEVELOPER when requested by the CITY, shall quitclaim all his rights and interests in, and shall grant to CITY authorization to extract water from the underground strata laying beneath said project and DEVELOPER agrees to execute a "Quitclaim Deed and Authorization" in favor of CITY, when presented to him for signature. 5. BONUS AND OTHER SECURITY A. Upon the execution of this AGREEMENT, the DEVELOPER shall file with the CITY a faithful performance bond ta'assure his full and faithful performance of this AGREEMENT. The penal sum of said faithful performance bond shall be the full cost of any payment to be made under this AGREEMENT, the value of any lard agreed to be dedicated, and any improvements to be made under this AGREEENT. In the event that improvements are to be made under this AGREEENT, the DEVELOPER shall, in addition to said faithful performance, file with the CITY a labor and materials bond in a penal sum adequate to assure full payment of all labor and materials required to construct said improvements. The amount of said bonds shall be as designated by the City Engineer. Said bonds shall be executed by a surety company authorized to transact a surety business in the State of California and must be approved by the City Attorney as to form and by the City Engineer as to sufficiency. In the event that the DEVELOPER shall fail faithfully to perform the covenants and conditions of this AGREEMENT, or to make any payment, or any dedication of land, or any improvements herein required, the CPPV shall call on the surety to perform this AGREEMENT or otherwise indemnify the CITY for the DEVELOPER'S failure to so do. Page 4 • K 339pAGE 360 B. In lieu of a surety bond, the DEVELOPER may elect to secure this AGREEMENT by depositing with the CITY: • 1. Cash; or, 2. A cashier's check, or a certified check payable to the order of the City of Cupertino or, 3. A certificate of deposit, or instrument of credit meting the requirements of Government Code Section 66499 (b) or (c) . C. The amount of said cash, checks, certificate of deposit, or instrument of credit shall be as designated by the City Engineer, and shall be the equivalent to that which would have been required had the DEVELOPER furnished the CITY with a surety bond. In the event that the DEVELOPER shall fail faithfully to perform the covenants and conditions of this AGREEMENT, or to make any payment, or any dedication of land, or any improvements herein required, the CITY may apply the proceeds of said security thereto. D. No release of surety bond, cash deposit, check, or certificate of deposit, shall be made except upon approval of the City Council. E. No interest shall be paid on any security deposited with the CITY. 6. C-IECKENG AND INSPECTION rEr. It is further agreed that DEVELOPER shall pay any and all necessary direct expenses for inspection, checking, etc. , incurred by CITY in connection with said Project, and that DEVELOPER shall have deposited with CITY, prior to execution of this AGREEMENT, the amount as set forth herein at Page 2 (Part C) . Should construction cost vary materially from the estimate Lunn which said sum is calculated, the City Engineer shall notify DEVELOPER of any additional sum due and awing as a result thereof. 7. INDIRECT EXPENSES It is further agreed that DEVELOPER shall pay to CITY, prior to execution of this AGREEENT, indirect expense allocable to processing these improvements, the amount as set forth herein at Page 2 (Part D) . 7A. MAP FILING rEa It is further agreed that the DEVELOPER shall deposit with CITY, prior to execution of this AGREEMENT, for office checking of final map and field checking of street monuments, in compliance with Section 4:1 of Ordinance No. 47 (Revised 12/04/61) of CITY, the amount as set forth herein at Page 2 (Part I) . 9482226 �i � 1 - Ct -111 EgREPRI 767 2 Q Page 5 � - N ta U9 NJ 7 K 339PAGE 356 K339PAGE 361 • 8. DEVELOPMENT MAINTENANCE DEPOSIT It is further agreed that the DEVELOPER shall pay to the CITY, prior to execution of this AGREEHENT, the amount set forth herein at Page 2 (Part E) as a development maintenance deposit to insure proper dust control and cleaning during the construction period. The development maintenance deposit may be utilized for repairs of defects and imperfections arising out of or due to faulty workmanship and/or materials appearing in said work during the period until release of the improvement bonds by the CITY. Should the DEVELOPER complete the regtiired repairs to the entire satisfaction of the CITY, the unused balance will be returned after the release of the improvement bonds. 9A. STORM DRAINAGE rr� It is further agreed that the DEVELOPER shall deposit with the CITY, prior to execution of this AGREEMENT, a storm drainage charge in connection with said Project in accordance with the re np rauents established in Resolution 4422, March 21, 1977, in the amount as set forth herein at Page 2 (Part F) . 9B. WATER MAIN EXTENSION DEPOSIT The DEVELOPER further agrees to deposit with the CITY those monies .required to comply with "Policy on Water Main Extensions Work and Deposits" dated 9/30/77. The deposit shall be held by the CITY until said monies are needed to implement improvements outlined by the Director of Public Works or improvements outlined within the adopted Water Master Plan (PART K, Page 2) . • 10. ONE YEAR ROWER COST It is further agreed that the DEVELOPER shall pay to CITY prior to execution of this AGREEMENT, the amount as set forth herein at Page 2 (Part G) , which amount represents the power cost for street lights for one year. 11. THE INSTALLATION OF STREET TREES It is further agreed that the DEVELOPER shall, at such time as deemed appLupriate by the City Engineer, plant street trees in conformance with the standards of the City of Cupertino. Variety of tree shall be selected from the City approved list. 12. PARK FEES It is further agreed that the DEVELOPER shall pay such fees and/or dedicate such land to the CITY, prior to execution, as is required within "Park Dedication Ordinance" Number 602, 1972, and which is further stipulated under Part J, Page 2 herein. Page 6 • 13. MAINTENANCE OF WORK K 3 3 9 PAGE 362 It is further agreed that the DEVELOPER shall maintain the Work until all deficiencies in the Work are corrected to conform to the Plans and the City standards and specifications for the Work. The DEVELOPER shall, upon written notice thereof, immediately repair or replace, without cost or . obligation to the City of Cupertino, and to the entire satisfaction of said CITY, all defects and imperfections arising out of or due to faulty workmanship and/or materials appearing in said Work. • 14. SANITARY DISTRICT It is further agreed that the DEVELOPER shall file with CITY, upon execution of this AGREEMENT, a letter from the Cupertino Sanitary District stating that the DEVELOPER has entered into a separate AGREEMENT with the said District to install sanitary sewers to serve all lots within said Project and stating that a bond to insure full and faithful performance of the construction of the said sanitary sewers and to insure maintenance of said sanitary sewer in conformance with the provisions as set forth in Paragraph 13 above has been filed. 15. GOVERNMENT CODE It is further agreed that DEVELOPER shall file with CITY, upon execution of this AGREEMENT, substantial evidence that all provisions of Section 66493, Article 8, Chapter 4 of the Government Code, pertaining to special assessments or bonds, have been complied with. 16. CENTRAL FIRE DISTRICT It is further agreed that the DEVELOPER shall file with the CITY, upon execution of this AGREEMENT, a letter from the Central Fire Protection District of Santa Clara County, stating that the DEVELOPER has entered into an AGREEMENT with said District to install fire hydrants to serve said Project and stating that all nx pssary fees have been deposited with said District to insure installation and five (5) year rental fee of said hydrants. 17. STREET ISGHTING It is further agreed that the DEVELOPER shall apply for the installation of electric power for street lighting at the earliest date possible. 18. PACIFIC GAS AND flECIRTC/PACIFIC SELL It is further agreed that the DEVELOPER shall pay to Pacific Gas and Electric Company and/or to Pacific Bell any and all fees required for installation of overhead and/or underground wiring circuits to all electroliers within said property and any and all fees required for undergrou ding as provided in Ordinance No. 331 of CITY when DEVELOPER is notified by .either the City Engineer or the Pacific Gas and Electric Company and/or Pacific Bell that said fees are due and payable. 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The DEVELOPER shall file with the City Engineer at or prior to the time of execution of this AGREEMENT by the DEVELOPER such evidence • of said foregoing policy or policies of insurance as shall be satisfactory to said City Engineer. Each such policy or policies shall bear an endorsement precluding the cancellation or reduction in coverage without giving the City Engineer at least ten (10) days advance notice thereof. C. In the event that the Project covered herein should be mutually situated in or affect the area of jurisdiction of a separate municipality or political subdivision of the State of California, the policies of insurance required herein and above shall co-name such municipality or political subdivision and the provision set forth herein and above for the protection of the CITY shall equally apply to municipality and political subdivision. 22. MAPS AND/OR III:PROVE= PLANS It is further agreed that the DEVELOPER shall furnish s CITY with the following maps and/or plans at his own expense: A. ' A mylar sepia and seven (7) prints-of fully executed parcel maps. B. A Eyler sepia and ten (10) prints of fully executed improvement plans. C. A direct duplicating silver negative microfilm aperture card of all executed improvement plans and maps. It is agreed that the sepia, prints and microfilm of maps will be - --furnidhei within one month following recordation at the County of Santa Clara. It is also agreed that the sepia, prints and microfilm for improvement plans will be furnished within one month following the signing of the plans by the CITY. 23. DEFEPIlIENT It is further agreed that the DEVELOPER shall furnish, construct and install at 'his own expense, either upon six (6) months notice from the CITY, in which event the Work must be completed within one (1) year thereafter, or in the absence of such notification, no later than five (5) years and six (6) months from the date of this AGREEMENT, the following improvements: All Standard Street improvements on and along Merriman Road along Direct or Projected frontage. Page 9 K 339PAGE 365 • Until such notification is made by CITY, or such time has elapsed, Sections numbered 2 through 24 excepting 9 et al. are hereby deferred. The DEVELOPER further agrees to cooperate, upon • notice by the CITY, with other property owners, the CITY and other public agencies to provide the improvements set forth herein under a joint cooperative plan, including the formation of a local improvement district, if this method is feasible to secure the installation and construction of the improvements. 24. SUCCESSORS - RUN WITH LAND - A.P.N. 342-16-121 This AGREEMENT shall bind the heirs, administrators, executors, successors, assigns and transferees of DEVELOPER. It is agreed and understood that this AGREEMENT shall be filed for record in the Office of the County Recorder of the County of Santa Clara, State of California and that the covenants in this AGREEMENT shall run with the land, a description of which is contained in Exhibit B, which is attached hereto and made a part hereof by reference, and is for the benefit of the other lands in the City of Cupertino. IN WITNESS WHEREOF, CITY has caused its name to be hereunto affixed by its Mayor and City Clerk, thereunto duly authorized by resolution of the City Council and said DEVELOPER has hereunto caused his name to be affixed the day and year first above written. ,Ait CITY OF CUPERTINO 2•3•1 '.21t7,4;•,11/40•,-, int ct, W � } hF. Approved as to form: or it `e.m �' MayoJ � 47 ,,, ,.7 :Pr � r� =l: . City Attorney y tySClerk r A` _> ifs, L thL/4i r 3F. J }1 ui vvvvvI , DEVELOPht&d d'• '. Landmark, 'roperty, a California co •.ra 'y APr Jason Chartier, President All signatures require notary acknowledgment. Exhibits A and B Attached Page 10 (Rev.3-1986) STATE OF CALIFORNIA . ) K 3 3 9 gas E ib V3 COUNTY OF SANTA CLARA ) ss. On 6--L , 1987, before me, Stanley L. Howard, a Notary Public, State of California, duly commissioned and sworn, personally appeared Jason Chartier , known to me to be the President of �'•� Landmark Property, a California corporation, the corporation described in and that executed the within instrument, and known to me to be the person who executed the within instrument of behalf of said corporation therein named, and acknowledged to me that such corporation executed the within instrument. IN WITNESS WHEREOF I have hereunto set my hand and affixed my official seal in the County of Santa Clara, State of California, the day and year in this certificate first above written. ��n/ �,""`+c OFFICIAL SEAL 4.4410 , ��� Yc� STANLEY L HOWARD " J �.+i Notary Public-Callfamla Sta CT. Howard e ;�-E1e SANTA CLARA COUNTY My ommission expires: 10-18-88N�� My Comm.Exp.Oct.18,1988 K 339PA6E 367 EXHIBIT "A" A strip easement for street purposes over a portion of that certain Real Property known as Lot 68 as said Lot is shown on that certain Subdivision Map entitled "Map of Inspiration Heights, Monta Vista," filed for record Map Book P, page 13, April 11, 1917. Said portion being more particularly described in the following: A strip of land 10' in width, measured .at right angles, said strip being the most easterly 10' of said Lot 68. Containing 0.006 Ac ±. K 33 9,PAGE 368 EXHIBIT "B" All that certain Real Property, situated in the City of Cupertino, County of Santa Clara, more particularly described in the following: All of Lots 68 and 82 as Said Lots are shown on the Map of Inspiration Heights, Monta Vista, filed April 11, 1917, Santa Clara County Records. Book P of Maps, page 13. • 7 ill -. . Z fJ b � 3 - dEXHIBIT B 1 aY/ 9 • • S. 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QIO a o I 59 40 38 I - .s5 4 a.- 1 1 1 65 i 6/ • 20 42 .e i /ossa sa I 0x 1 a1 5S DO / 1 0a /0670 ma 0600 - - - -t 100.12 1_T /0550 --1- Ts7o --L 7 • ---- 1--r 10121- 64.E-e 96 107 1 00 i aaZ 100 1101 Ia 102 /1031104 ton 11031 107 7 //'c S1i 58 1 I 39, .1 I I I �c 8_f I Ip 36 �1 . w\ u I 1 I I F I I l0 • 1 I I I I I I 100.12 I 'b% 2 100.12 25 10011 125 100.17 25 2 - /0sw-ssn 77.24 44 0 -Rd /0540 b A /0566 b b 10552 b b b- b b o r • 'SI RD-3. c 1 -d . 0555/ x5 SANTA . . 17 Photographic image may be poor due to condition of original document. �7...,_J7ffinca+.v.K.7 n,Gl._•c^.,•... ,....Gis RL3iiP;s..-, ,a-.•amy-••-T.mr. or-R.AlF.m_a ir-:^-,=r-+r,,,i,- +,,,.. .r..-,_ ._ -.--e•.-• •'• 1r.---- , • • K 339P4GE 370 • RESOLUTION NO. 7329 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF C[JPERTINO AUTHORIZING EXECUTION OF DEFERRED AGREEMENT WITH LANDMARK PROPERTY, A CALIFORNIA CORPORATION FOR THE IMPROVEMENT OF FRONTAGE ALONG MERRIMAN ROAD WHEREAS, there has been presented to the City Council an agreement for the improvement of the street frontage along Merriman Road by Landmark Property, a California Corporation; and WHEREAS, said proposed agreement contains provisions for the construction of streets, curbs, gutters, sidewalks, and for other improvements within a period of five (5) years and six (6) months from the date of execution of said agreement having been approved by the City Attorney; NOW, THEREFORE, BE IT RESOLVED that the aforementioned agreement is hereby approved; and the City Engineer is hereby authorized to sign the final plans when presented by the developer; and the Mayor and the City Clerk are hereby authorized to execute the agreenamnt herein referred to in behalf of the City of Cupertino. BE IT FURTHER RESOLVED that the City Clerk is hereby authorized to file said agreement with the Santa Clara County Recorder. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 12th day of October , 1987 by the following vote: Vote Members of the City Council AYES: Gatto, Johnson, Plungy, Rogers, Sparks NOSE: None TH I9IS TO OEJ T:FY TjriA,I 1',WTH IN INSTRUM 71T IRA TRU EAFay^ CdcREOT COPY ABSENT: None OF THF 1ti f ILE ii '1 HIS'PFFI C E. ABSTAIN None jtv ATRE•--4ir e �tr,g ' <14.P. CITY C ,i ?TF"' �'I a �, � 'C�UPERTLN❑ ATTEST: APPROVED: ' r s ` • o I G • CLERK /s/ Dorothy Cornelius /s/ W. Reed Sparks 1 vwJ City Clerk Mayor, City of Cupertimi; . "