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CC Resolution No. 98-094RESOLUTION NO. 98-094 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER BIG GUY, INC.; 10399 BYRNE AVENUE, APN 357-12-032 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Big Guy, Inc., for the installation of certain municipal improvements at 10399 Byrne 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 20m day of April, 1998, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: BURNETT, DEAN, JAMES, STATTON, CHANG NONE NONE NONE Otlty Cie k/~ Mayor, City of Cupertino Resolution No. 98-094 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Big Guy, Inc. Single Family Homes LOCATION: 10399 Byrne Avenue A. Faithful Performance Bond: Off-site: $ 5,000.00 On-site: $ 3,200.00 FIVE THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: $ 5,000.00 FIVE THOUSAND 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 #2 $ 214.00 TWO HUNDRED FOURTEEN AND 00/100 DOLLARS G. One Year Power Cost: N/A H. Street Trees: By Developer I. Map Checking Fee: N/A J. Park Fee: N/A K. Water Main Reimbursement: $ 1,350.00 ONE THOUSAND THREE HUNDRED FIFTY AND 38/100 DOLLARS L. Maps and/or Improvement Plans: As specified in Item #23 of agreement