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CC Resolution No. 99-260RESOLUTION NO. 99-260 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER ARIC GILBRECHT, 22436 PALM AVENUE, APN 357-04-013 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Aric Gilbrecht, for the installation of certain municipal improvements at 22436 Palm 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 7th day of September, 1999, by the following vote: Vote Members of the City Council AYES: Burnett, Chang, Dean, Statton NOES: None ABSENT: James ABSTAIN: None ATTE/~: ~C(ty C e - APPROVED: Resolution No. 99-260 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single-Family Home Adc Gilbrecht LOCATION: 22436 Palm Avenue A. Faithful Performance Bond: Off-site: $ 8,000.00 On-site: $ 2,000.00 EIGHT THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: $ 8,000.00 EIGHT 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: FIVE HUNDRED AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #3 THREE HUNDRED SEVENTY-ONE AND 00/100 DOLLARS G. One Year Power Cost: SEVENTY-FIVE AND 00/100 DOLLARS N/A $ 500.00 $ 371.00 $ 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