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CC Resolution No. 98-198RESOLUTION NO. 98-198 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER JOSEPH KOVALIK; 10352 NORTH STELLING ROAD, APN 326-31-091 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Joseph Kovalik, for the installation of certain municipal improvements at 10352 North Stelling 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 3ra of August, 1998, by the following vote: Vote Members of the City Council AYES: DEAN, JAMES, NOES: NONE ABSENT: BURNETT ABSTAIN: NONE STATTON, CHANG ATTEST: - Resolution No. 98-198 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Daycare Center Joseph Kovalik LOCATION: 10352 North Stelling Road A. Faithful Performance Bond: SIXTEEN THOUSAND FIVE HUNDRED AND 00/100 DOLLARS B. Labor and Material Bond: SIXTEEN THOUSAND FIVE HUNDRED AND 00/100 DOLLARS $16,500.00 $16,500.00 I. J. K. L. Street Trees: Map Checking Fee: Park Fee: Water Main Reimbursement: Maps and/or Improvement Plans: N/A $ 1,000.00 $ 633.00 $ 75.00 By Developer N/A N/A N/A As specified in Item #23 of agreement D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #3 SIX HUNDRED THIRTY-THREE AND 00/100 DOLLARS G. One Year Power Cost: SEVENTY-FIVE AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 1,918.00 ONE THOUSAND NINE HUNDRED EIGHTEEN AND 00/100 DOLLARS