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CC Resolution No. 98-259- RESOLUTION NO. 98-259 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER KEVIN L. ERWIN AND TRACY L. ERWIN, 10385 PALO VISTA ROAD, APN 357-03-026 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Kevin L. Erwin and Tracy L. Erwin, for the installation of certain municipal improvements at 10385 Palo Vista 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 19~ day of October, 1998, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: BURNETT, DEAN, JAMES, STATTON, CHANG NONE NONE NONE ATTEST: City Clerk Mayor, City of Cupertino Resolution No. 98-259 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Homes Kevin L. Erwin and Tracy L. Erwin LOCATION: 10385 Palo Vista Road A. Faithful Performance Bond: $14,000.00 FOURTEEN THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: $14,000.00 FOURTEEN THOUSAND AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 1,975.00 ONE THOUSAND NiNE HUNDRED SEVENTY-FIVE AND 00/100 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #2 FOUR HUNDRED SIXTY-SEVEN AND 00/100 DOLLARS N/A $ 1,000.00 $ 467.00 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: N/A L. Maps and/or Improvement Plans: As specified in Item #23 of agreement