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CC Resolution No. 00-158RESOLUTION NO. 00-158 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS SANJAY SWAMY AND TULSI B. SWAMY; 10655 SANTA LUCIA ROAD, APN 342-17-007 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Sanjay Swamy and Tulsi B. Swamy, for the installation of certain municipal improvements at 10655 Santa Lucia Road 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 5~ day of June, 2000, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Burnett, Chang, James, Lowenthal, Statton None None None ATTEST: Cit~ Mayor, City of Cupertino -- Resolution No. 00-158 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS Single Family Home Sanjay Swamy and Tulsi B. Swamy DEVELOPMENT: LOCATION: Faithful Performance Bond: 10655 Santa Lucia Road TWENTY-FIVE THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: TWENTY-FIVE THOUSAND AND 00/100 DOLLARS C. Checking and Inspection Fees: Off-site: $ 25,000.00 On-site: $18,000.00 $ 25,000.00 $ 2,150.00 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 TWO THOUSAND ONE HUNDRED FIFTY 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: $ 389.00 THREE HUNDRED EIGHTY-NINE AND 00/100 DOLLARS G. One Year Power Cost: $ 75.00 SEVENTY-FIVE AND 00/100 DOLLARS