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CC Resolution No. 00-052- RESOLUTION NO. 00-052 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND THINH H. NGUYEN AND RUBY T. NGUYEN, 10325 ORANGE AVENUE, APN 357-15-060 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Thinh H. Nguyen and Ruby T. Nguyen, for the installation of certain municipal improvements at 10325 Orange 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 7~ day of February, 2000, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Bumett, Chang, James, Lowenthal, Statton None None None ATTEST: City ~' Resolution No. 00-052 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Home Thinh H. Nguyen and Ruby T. Nguyen LOCATION: 10325 Orange Avenue A. Faithful Performance Bond: Off-site: $15,000.00 On-site: $ 2,000.00 FIFTEEN THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: $15,000.00 FIFTEEN THOUSAND AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 1,515.00 ONE THOUSAND FIVE HUNDRED FIFTEEN AND 00/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: $ 1,000.00 ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin//3 $ 166.00 ONE HUNDRED SIXTY-SIX AND 00/100 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