CC Resolution No. 98-057RESOLUTION NO. 98-057
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER GEORGE ADZICH; 21850 GRANADA
AVENUE, APN 357-16-139
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, George Adzich, for the installation of
certain municipal improvements at 21850 Granada 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 172 day of February, 1998, by the following vote:
Vote
Members of the City_ Council
AYES: Bumett, Dean, James, Statton, Chang
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
Ci~ Cler~~k~
Mayor, City of Cupertino
Resolution No. 98-057
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Single-Family Home
George Adzich
LOCATION: 21850 Granada Avenue
A. Faithful Performance Bond: $10,184.00
TEN THOUSAND ONE HUNDRED EIGHTY-FOUR AND 00/100 DOLLARS
B. Labor and Material Bond: $10,184.00
TEN THOUSAND ONE HUNDRED EIGHTY-FOUR AND 00/100 DOLLARS
C. Checking and Inspection Fees: $ 1,458.00
ONE THOUSAND FOUR HUNDRED FIFTY-EIGHT AND 00/100 DOLLARS
D. Indirect City Expenses: N/A
E. Development Maintenance Deposit: $ 500.00
FIVE HUNDRED AND 00/100 DOLLARS
F. Storm Drainage Fee: Basin #3 PAID
G. One Year Power Cost: PAID
H. Street Trees: By Developer
I. Map Checking Fee: N/A
J. Park Fee: $ 15,750.00
FIFTEEN THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS
K. Water Main Reimbursement: PAID
L. Maps and/or Improvement Plans: As specified in
Item #23 of agreement