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CC Resolution No. 99-354RESOLUTION NO. 99-354 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER JAYESH P. PARIKH, 22092 SAN FERNANDO COURT, APN 357-12-010 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Jayesh P. Parikh, for the installation of certain municipal improvements at 22092 San Femando Court 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 6~ day of December, 1999, by the following vote: Vote Members of the City Council AYE S: NOES: ABSENT: ABSTAIN: Burnett, Chang, James, Lowenthal, Statton None None None ATTEST: City Clerk Resolution No. 99-354 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Home Jayesh P. Parikh LOCATION: 22092 San Femando Court A. Faithful Performance Bond: FIFTEEN THOUSAND AND 00/100 DOLLARS Off-Site: $15,000.00 On-Site: $14,000.00 B. Labor and Material Bond: FIFTEEN THOUSAND AND 00/100 DOLLARS $15,000.00 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: ONE THOUSAND AND 00/100 DOLLARS $ 1,000.00 F. Storm Drainage Fee: Basin #3 THREE HUNDRED TWENTY-THREE AND 00/100 DOLLARS $ 323.00 G. One Year Power Cost: SEVENTY-FIVE AND 00/100 DOLLARS $ 75.00 H. Street Trees: By Developer I. Map Checking Fee: N/A J. Park Fee: N/A K. Water Main Reimbursement: N/A Maps and/or Improvement Plans: As specified in Item #23 of agreement