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CC Resolution No. 06-183 RESOLUTION N'O. 06-183 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF AN IMPROVEMENT AGREEMENT WITH STEVENS CANYON VILLAS, LLC, A CALIFORNIA LIMITED LIABILITY COMP ANY, STEVENS CANYON ROAD AND ST. ANDREWS A VENUE, APN (S): 356-03-001, 356-03-045, 356-03-046, 356-03-047, and 356-03-048 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Stevens Canyon Villas, LLC, A California Limited Liability Company, Stevens Canyon Road and St. Andrews Avenue, and said agreement having been approved by the City Attorney, and developers 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 November 2006, by the following vote: Vote AYES: NOES: ABSENT: ABSTAIN: Members of the City Council Lowenthal, Wang, K wok, Mahoney, Sandoval None None None ATTEST: APPROVED: . ~ c~ ~v04 Mayor, City of Cupertino Resolution No. 06-183 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: LOCATION: Stevens Canyon Villas, LLC, A California Limited Liability Company Stevens Canyon Road and St. Andrews A venue APN(S): 356-03-001, 356-03-045, 356-03-046, 356-03-047, 356-03-048 A. Faithful Performance Bond $ 139,930.00 B. Labor and Material Bond $ 139,930.00 C. Checking and Inspection Fee $ 5,996.50 D. Development Maintenance Deposit $ 3,000.00 E. Storm Drainage Fee: Basin 3 Paid F. Street Light - One-Year Power Cost N/A G. Map Checking Fee $ 6,950.00 H. Park Fee: Zone II N/A I. Reimbursement Fee N/A