CC 06-18-19 #22 Apple Donation Agreement_PresentationItem 41lcc 6-18-19
Apple Donation Agreement
June 18, 2019
CUPERTINO
Summary of Apple Discussions
November 2017 $1.8M Apple donation:
Stevens Creek Blvd Protected Bikeway:
Wolfe -Tantau
July 2018 Council Discussion of Business Tax
July 2018 Letter from Apple
Expressed desire to partner on short /long
term transportation solutions
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Summary of Apple Discussions
October to present -regular meetings to
discuss defined projects
Reviewed Bicycle Transportation Plan
Projects & School Walk Audits
• Consideration for external f unding
Presented projects to Council Apri l 2, 2019
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Project Funding & Status
McClellan Road Protected Bikeways (Byrne
to Torre)
• $8 .83M needed
• $5 .29M or ig i na l City allocat ion
App le donation :
• $1M Byrne to Imperia l; $1M Stel ling to Torre ; $.16M intersection
VERBS grant:
• $1M
Addit ional fund ing to complete : $.38M
Project Funding & Status
McClellan Road Sidewalks
• $2,465,000 City allocation
• $2 ,465,000 Apple donation
• $2 ,094 ,000 estimated costs
• $371,000 available for re-appropriation
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Project Funding & Status
Schoo l Walk Audit
• $400k/yr for 3 years City allocation
• $1.22M Apple donation
• Expected costs of improvements
• $1 .67M
• $450k of addit ional funding
needed
Project Funding & Status
Bubb Road Improvements
• $0 City allocation
• Apple offering $1 .98M
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Project Funding & Status
Junipero Serra Trail (basic design)
• $0 City allocation
• $1.8M Apple donation
Project Funding & Status
Mary Avenue Protected Bikeway
• $0 City allocation
• $165,000 Apple donation
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$2.09M $5.55M $1.76M $.37M
Additional Considerations
• Phasing of donation dollar payments
• Apple may terminate agreement if City adopts
fees / taxes that apply at different rates
depending on revenue or employee count
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Recommendations
• Authorize execution of multi-year donation
agreement
• Authority to reallocate donated dollars as
actual costs are determined per agreement
• Approve CIP budget appropriations
• Authorize 2-Year Limited-term Staff Posit ion
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