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CC Resolution No. 00-030RESOLUTION NO. 00-030 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER GARRICK H. LEE; 18871 ARATA WAY, APN 375-12-036 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Garrick H. Lee, for the installation of certain municipal improvements at 18871 Arata Way, 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 January, 2000, by the following vote: Vote Members of the City Council AYES: NOES: None ABSENT: None ABSTAIN: None ATTEST: Cit~ Bumett, Chang, James, Lowenthal, Statton JMayor, City of Cupertino Resolution No. 00-030 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Home Garrick H. Lee LOCATION: 18871 Arata Way A. Faithful Performance Bond: Off-site: $ 8,500.00 On-site: $ 1,500.00 EIGHT THOUSAND FIVE HUNDRED AND 00/100 DOLLARS B. Labor and Material Bond: $ 8,500.00 EIGHT THOUSAND FIVE HUNDRED AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 1,515.00 ONE THOUSAND FIVE HUNDRED FIFTEEN AND 00/I00 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: $ 1,000.00 ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: $ 154.80 ONE HUNDRED FIFTY-FOUR AND 80/100 DOLLARS G. One Year Power Cost: $ 75.00 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