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CC Resolution No. 00-081- RESOLUTION NO. 00-081 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER NAN YIN KU, 10112 CAMINO VISTA DRIVE, APN 342-14-065 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Nan Yin Ku, for the installation of certain municipal improvements at 10112 Camino Vista Drive 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 March, 2000, by the following vote: Vote Members of the City Council AYE S: NOES: ABSENT: None ABSTAIN: None Burnett, Chang, James, Lowenthal, Station None ATTEST: City Clerk Mayor, City of Cupemno Resolution No. 00-081 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Home Nan Yin Ku LOCATION: 10112 Camino Vista Drive A. Faithful Performance Bond: $10,000.00 TEN THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: $10,000.00 TEN 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: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: TWO HUNDRED SEVENTY-THREE AND 00/100 DOLLARS N/A $ 1,000.00 $ 273.00 G. One Year Power Cost: N/A 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