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CC Resolution No. 00-149RESOLUTION NO. 00-149 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS ARIE BASH AND HANNA BASH; 10115 SAICH WAY, APN 326-32-034 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Arie Bash and Hanna Bash, for the installation of certain municipal improvements at 10115 Saich Way 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 15~ day of May, 2000, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: None ABSTAIN: None Bumett, Chang, James, Lowenthal, Statton None ATTEST: Resolution No.00-149 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Happy Days Child Development Center Arie Bash and Hanna Bash LOCATION: 10115 Saich Way A. Faithful Performance Bond: Off-site: $ 28,000.00 On-site: $ 55,000.00 TWENTY-EIGHT THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: $ 28,000.00 TWENTY-EIGHT THOUSAND AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 4,980.00 FOUR THOUSAND NINE HUNDRED EIGHTY 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: $ 1,379.00 ONE THOUSAND THREE HUNDRED SEVENTY-NINE AND 00/100 DOLLARS 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