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CC Resolution No. 99-058RESOLUTION NO. 99-058 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER RICHARD JOSEPH PEREZ AND GRACE PEREZ; 10485 BYRNE AVENUE, APN 357-12-040 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Richard Joseph Perez and Grace Perez, for the installation of certain municipal improvements at 10485 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 16t~ day of February, 1999, by the following vote: Vote Members of the City Council AYE S: NOES: ABSENT: ABSTAIN: BURNETT, CHANG, JAMES, STATTON, DEAN NONE NONE NONE ATTEST: City~ APPROVED: Mayor, City o~Cupertino Resolution No. 99-058 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Homes Richard Joseph Perez and Grace Perez LOCATION: 10485 Byme Avenue A. Faithful Performance Bond: $18,000.00 EIGHTEEN THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: $18,000.00 EIGHTEEN 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: N/A E. Development Maintenance Deposit: $ 1,000.00 ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin//3 ONE HUNDRED EIGHTY-ONE AND 00/100 DOLLARS G. One Year Power Cost: SEVENTY-FIVE AND 00/100 DOLLARS $ 181.00 $ 75.00 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