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CC Resolution No. 99-290RESOLUTION NO. 99-290 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER BLOSSOM-PASADENA LIMITED PARTNERSHIP, A CALIFORNIA LIMITED PARTNERSHIP; 20569 BLOSSOM LANE, APN 359-18-034 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Blossom-Pasadena Limited Partnership, a California Limited Partnership, for the installation of certain municipal improvements at 20569 Blossom Lane 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 18~ day of October, 1999, by the following vote: Vote Members of the City Council AYES: Burnett, Chang, Dean, James, Statton NOES: None ABSENT: None ABSTAIN: None ATTEST: City Clerk -- Resolution No. 99-290 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single-Family Home Blossom-Pasadena Limited Parmership, a California Limited Partnership LOCATION: 20569 Blossom Lane A. Faithful Performance Bond: Off-site: On-site: SEVEN THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS B. Labor and Material Bond: SEVEN THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS C. Checking and Inspection Fees: ONE THOUSAND FIVE HUNDRED FIFTEEN AND 00/100 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: FIVE HUNDRED AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #3 TWO HUNDRED FORTY-EIGHT AND 00/100 DOLLARS G. One Year Power Cost: SEVENTY-FIVE AND 00/100 DOLLARS Street Trees: Map Checking Fee: Park Fee: Water Main Reimbursement: Maps and/or Improvement Plans: I. J. K. L. $ 7,000.00 $ 2,000.00 $ 7,000.00 $1,515.00 N/A $ 500.OO $ 248.00 $ 75.00 By Developer N/A N/A N/A As specified in Item #23 of agreement