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CC Resolution No. 94140 0 RESOLUTION NO. 9414 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF SETTLEMENT AGREEMENT BETWEEN CITY OF CUPERTINO AND COUNTY OF SANTA CLARA IN ORDER TO RESOLVE A DISPUTE OVER THE PAYMENT OF INTEREST ALLEGEDLY ACCRUING ON CERTAIN ASSESSMENTS AND PROPERTY TAXES COLLECTED BY THE COUNTY ON BEHALF OF THE CITY WHEREAS, there has been presented to the City Council a proposed Settlement Agreement between the City of Cupertino and the County of Santa Clara providing resolution of a dispute over the payment by the County to the City of interest allegedly accruing on certain assessments and property taxes collected by the County on behalf of the City; and WHEREAS, the terms, conditions and provisions of the agreement have been reviewed and approved by the City Attorney and the Director of Administrative Services. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cupertino hereby approves the aforementioned agreement and authorizes the Mayor and the City Clerk to execute said 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 5th day of September, 1995 by the following vote: ynk Members of lk CiIX AYES: Bautista, Burnett, Koppel, Sorensen, Dean NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: ffAft ow City Clerk Mayor, City of Culvdino mw1utVrcsW14.doc