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CC Resolution No. 12-144 Improvement Agreement, 22388 Santa Paula Avenue, APN 357-05-034 RESOLUTION NO. 12-144 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF AN IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER, RAJAT GUPTA AND PUJA GUPTA, 22388 SANTA PAULA AVENUE, APN: 357-05-034 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and Developer, Rajat Gupta and Puja Gupta, for the installation of certain municipal improvements at 22388 Santa Paula Avenue, and said agreement having been approved by the City Attorney, and Developer 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 18th day of December, 2012, by the following vote: Vote Members of the City Council AYES: Mahoney, Wong, Chang, Santoro, Sinks NOES: None ABSENT: None ABSTAIN: None ATTEST: APP][lO 0:/// (-1)/At / d//3 Grace Schmidt, City Clerk Orrin Mahoney, for, City of Cupertino Resolution No. 12-144 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPER: RAJAT GUPTA AND PUJA GUPTA LOCATION: 22388 SANTA PAULA AVENUE, APN: 357-05-034 PART A. Faithful Performance Bond: $10,000.00 110-2211 PART B. Labor and Material Bond: $10,000.00 110-2211 PART C. Checking and Inspection Fee: $2,593.00 110-4538 PART D. Development Maintenance Deposit: $1,000.00 110-2211 PART E. Storm Drainage Fee-Basin 2 $865.75 215-4072 PART F. Street Light-One-Year Power Cost: N/A 110-4537 PART G. Map Checking Fee: N/A 110-4539 PART H. Park Fee: Zone II N/A 280-4082 PART I. Reimbursement Fee N/A