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CC Resolution No. 99-110RESOLUTION NO. 99-110 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTiNO AUTHORIZiNG EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER DB GROUP LP, A CALIFORNIA LIMITED PARTNERSHIP, 10129 CAMINO VISTA DRIVE, APN 342-14-081 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, DB Group LP, a California Limited Partnership, for the installation of certain mtmicipal improvements at 10129 Camino Vista Drive, 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 April, 1999, by the following vote: Vote Members of the City Council AYES: BURNETT, DEAN, STATTON, CHANG NOES: NONE ABSENT: JAI, iE S ABSTAiN: NONE ATTEST: City Clerk APPROVED: Mayor, City 9/Cupertino Resolution No. 99-110 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: LOCATION: Single-Family Home DB Group LP, a California Limited Partnership 10129 Camino Vista Drive, APN 342-14-081 A. Faithful Performance Bond: Off-site: $11,500.00 On-site: $ 3,500.00 ELEVEN THOUSAND FIVE HUNDRED AND 00/100 DOLLARS B. Labor and Material Bond: ELEVEN THOUSAND FIVE HUNDRED AND 00/100 DOLLARS $11,500.00 D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #3 TWO HUNDRED NINETY-SEVEN AND 00/100 DOLLARS G. One Year Power Cost: SEVENTY-FiVE AND 00/100 DOLLARS 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 N/A $ 1,000.00 $ 297.00 $ 75.00 C. Checking and Inspection Fees: $ 1,975.00 ONE THOUSAND NINE HUNDRED SEVENTY-FIVE AND 00/100 DOLLARS