CC Resolution No. 05-168
RESOLUTION NO. 05-168
A RESOLUTION OF THE CITY COUNCtL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER, CUPERTINO TOWN CENTRE, LP,
A CALIFORNIA LIMITED LIABILITY COMPANY, CIVIC PARK
DEVELOPMENT R-2, APN 369-40-002
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Cupertino Town Centre, LP, a
California Limited Liability Company, for the installation of certain municipal improvements,
located at Civic Park Development R-2, and said agreement having been approved by the City
Attorney, and Developers 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 4th day of October 2005, by the following vote:
Vote
Members ofthe City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
Kwok, Lowenthal, Sandoval, Wang, James
None
None
None
tvmkd :hu~
City Clerk r
ATTEST:
Resolution No. 05-168
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Cupertino Town Centre, LP, a California Limited Liability
Company
LOCATION: Civic Park Development R-2, APN 369-40-002
A. Faithful Performance Bond: $ 66,447.00
SIXTY-SIX THOUSAND FOUR HUNDRED FORTY-SEVEN AND 00/100 DOLLARS
B. Labor and Material Bond: $ 66,447.00
SIXTY-SIX THOUSAND FOUR HUNDRED FORTY-SEVEN AND 00/100 DOLLARS
C.
Checking and Inspection Fees:
PAID
D. Development Maintenance Deposit
ONE THOUSAND AND 00/100 DOLLARS
$ 1,000.00
E. Storm Drainage Fee:
F. One Year Power Cost:
G. Street Trees:
H. Map Checking Fee:
1. Park Fee:
J. Water Main Reimbursement:
K. Maps and/or Improvement Plans:
PAID
N/A
By Developer
N/A
PAID
N/A
As specified in
Item #21 of agreement