18d. 10171 Lebanon Dr Imp. Agrmnt.DRAFT
RESOLUTION N0.08-105
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY
AND DEVELOPER SRIDHAR OBILISETTY AND JAVANTHI SRIDHAR, HUSBAND AND
WIFE, AS JOINT TENANTS, 10171 LEBANON DRIVE, APN 342-14-008
WHEREAS, on July 3, 2007, the City Council adopt a resolution of authorizing
execution of an improvement agreement between the City of Cupertino and developer Sridhar
Obilisetty and Javanthi Sridhar for the installation of certain municipal improvements at 10171
Lebanon Drive; and
WHEREAS, the aforementioned improvement agreement is to be changed so that its
remaining term will be six months and additional construction securities to cover revised
improvement requirements, will be included; and
WHEREAS, there has been presented to the City Council a new improvement agreement
that incorporates the aforementioned changes.
NOW, THEREFORE, BE IT RESOLVED that the Mayor and the City Clerk are hereby
authorized to sign the new improvement 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 August 2008, by the following vote:
Vote Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
City Clerk
APPROVED:
Mayor, City of Cupertino
18d-1