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CC Resolution No. 03-103RESOLUTION NO. 03-103 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS, RICHARD J. PEREZ AND GRACE PEREZ, HUSBAND AND WIFE AS JOINT TENANTS, 10091 BYRNE AVENUE, APN 357-11-005 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Richard J. Perez and Grace Perez, Husband and Wife As Joint Tenants, for the installation of certain municipal improvements at 10091 Byme Avenue and said agreement having been approved by the City Attorney, and Developers 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 author/zed to sign the aforementioned agreement on behalf of the City of Cupertino. PASSED AND ADOPTED at a regular adjourned meeting of the City Council of the City of Cupertino this 2na day of June 2003, by the following vote: Vote Members of the City Council AYES: Chang, James, Lowenthal, Sandoval NOES: None ABSENT: Kwok ABSTAIN: None ATTEST: 5ROVED: ,,~ t,-- DEVELOPMENT: LOCATION: Resolution No. 03-103 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS Richard J. Perez and Grace Perez 10091 Byrne Avenue APN 357-11-005 A. Faithful Performance Bond: Off-site: NINE THOUSAND ONE HUNDRED FIFTY AND 00/100 DOLLARS B. Labor and Material Bond: NINE THOUSAND ONE HUNDRED FIFTY AND 00/100 DOLLARS $ 9,150.00 $ 9,150.00 E. Storm Drainage Fee: FIVE HUNDRED THIRTY-THREE AND 6/100 DOLLARS G. H. I. J. K. One Year Power Cost: Street Trees: Map Checking Fee: Park Fee: Water Main Reimbursement: Maps and/or Improvement Plans: $1,000.00 $ 533.06 N/A By Developer N/A N/A N/A As specified in Item #21 of agreement D. Development Maintenance Deposit ONE THOUSAND AND 00/100 DOLLARS C. Checking and Inspection Fees: $1,840.00 ONE THOUSAND EIGHT HUNDRED FORTY AND 00/100 DOLLARS