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CC Resolution No. 98-176RESOLUTION NO. 98-176 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER TONY AMIR JARRAMI AND JULIET CEZAR, 10010 CARMEN ROAD, APN 326-50-003 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and Developer, Tony Amir Jarrami and Juliet Cezar for the installation of certain municipal improvements at 10010 Carmen Road, 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 6th day of July, 1998, by the following vote: Vote Members of the City Council AYES: Burnett, Dean, James, Statton, Chang NOES: None ABSENT: None ABSTAIN: None ATTEST: Cit~ A~I~PROVED: ayor, ity of Cupertino ~ Resolution No. 98-176 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Homes Tony Amir Jarrami and Juliet Cezar LOCATION: 10010 Carmen Road A. Faithful Performance Bond: TWENTY THOUSAND FIVE HUNDRED AND 00/100 DOLLARS $ 20,500.00 B. Labor and Material Bond: TWENTY THOUSAND FIVE HUNDRED AND 00/100 DOLLARS $ 20,500.00 C. Checking andInspectionFees: $ 1,918.00 ONE THOUSAND NINE HUNDRED EIGHTEEN AND 00/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: FIVE HUNDRED AND 00/100 DOLLARS $ 1,000.00 F. Storm Drainage Fee: Basin #3 THREE HUNDRED SIXTY-SEVEN AND 00/100 DOLLARS $ 367.00 G. One Year Power Cost: SEVENTY-FIVE AND 00/100 DOLLARS $ 75.00 H. Street Trees: By Developer I. Map Checking Fee: N/A J. Park Fee: N/A K. Water Main Reimbursement: N/A Maps and/or Improvement Plans: As specified in Item #23 of agreement