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CC Resolution No. 02-099RESOLUTION NO. 02-099 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS, SEETARAM VEMULAPALLI AND PADMA TALASILA, HUSBAND AND WIFE AS JOINT TENANTS, 10225 ORANGE AVENUE, APN 357-15-013 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Seetaram Vemulapalli and Padma Talasila, Husband and Wife As Joint Tenants, for the installation of certain municipal improvements at 10225 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 3rd day of June, 2002, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Lowenthal, Chang, James, Kwok, Sandoval None None None ATTEST: City Clerk (~-- Resolution No. 02-099 Page 2 DEVELOPMENT: LOCATION: A. Faithful Performance Bond: SEVEN THOUSAND AND 00/100 DOLLARS EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS Seetaram Vemulapalli and Padma Talasila, Husband and Wife As Joint Tenants 10225 Orange Avenue, APN 357-15-013 Off-site: B. Labor and Material Bond: SEVEN THOUSAND AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 7,000.00 $ 7,000.00 $ 2,268.00 TWO THOUSAND TEO HUNDRED SIXTY-EIGHT AND 00/100 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: ONE HUNDRED FIFTY-FIVE AND 00/100 DOLLARS H. I. J. K. L. One Year Power Cost: Street Trees: Map Checking Fee: Park Fee: Water Main Reimbursement: Maps and/or Improvement Plans: N/A $ 1,000.00 $ 155.48 N/A By Developers N/A N/A N/A As specified in Item #22 of agreement