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CC Resolution No. 00-131RESOLUTION NO. 00-131 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS ATLURI BH1MA RANJIT KUMAR AND ATLURI USHA RANI; 10284 ORANGE AVENUE, APN 357-19-031 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Atluri Bhima Ranjit Kumar and Atluri Usha Rani, for the installation of certain municipal improvements at 10284 Orange 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 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 1st day of May, 2000, 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. 00-131 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Home Atluri Bhima Ranjit Kumar and Atluri Usha Rani LOCATION: 10284 Orange Avenue A. Faithful Performance Bond: TWENTY-ONE THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: TWENTY-ONE THOUSAND AND 00/100 DOLLARS C. Checking and Inspection Fees: On-site: $ 21,000.00 On-site: $15,000.00 $ 21,000.00 ONE THOUSAND ~ HUNDRED SEVENTY-FWE AND 00/100 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: ONE HUNDRED NINETY-FOUR AND 00/100 DOLLARS G. One Year Power Cost: SEVENTY-FIVE AND 00/100 DOLLARS I. J. K. L. Street Trees: Map Checking Fee: Park Fee: Water Main Reimbursement: Maps and/or Improvement Plans: N/A $ 1,000.00 $ 194.00 $ 75.00 By Developer N/A N/A N/A As specified in Item #23 of agreement $ 1,975.00