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09. 10185 and 10215-10227 Empire Ave Improve Agree RESOLUTION NO.OS-133 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF AN IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER, BLESKOM LLC, 10185 AND 10215 -10227 EMPIRE AVENUE, APN(s) 326-22-002 and 326-22-029. WHEREAS, there has been presented to the City Council a proposed improvement . agreement between the City of Cupertino and Developer, Bleskom LLC, 10185 and 10215 - 10227 Empire Avenue, APN(s} 326-22-002 and 326-22-029 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 7th day of October 2008, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: ATTEST: APPROVED: City Clerk Mayor, City of Cupertino 9-1 Resolution Na. 08-133 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: BLESKOM LLC LOCATION: 10185 and 10215-10227 EMPIRE AVENUE, APN(s} 326-22-002, 326-22-029 A. Faithful Performance Bond: $ 98,374.00 NINETY-EIGHT THOUSAND THREE HUNDRED SEVETY-FOUR AND 00/100 DOLLARS B. Labor and Ma#erial Bond: $ 98,374.00 NINETY-EIGHT THOUSAND THREE HUNDRED SEVETY-FOUR AND 00/100 DOLLARS C. Checking and Inspection Fee: $ 4,918.00 ' FOUR THOUSAND NINE-HUNDRED EIGHTEEN AND 00/100 DOLLARS D. Development Maintenance Deposit: $ 2,000.00 TWO THOUSAND AND 00/100 DOLLARS E. Storm Drainage Fee: Basin 2, $602.57 SIX- HUNDRED TWO AND 57/100 DOLLARS F. Street Light -One-Year Power Cost: $150.00 ONE-HUNDRED FIFTY AND 00/100 DOLLARS G. Map Checking Fee: ~ $,00 H. Park Fee: ZONE III $15,750.00 FIFTEEN THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS I. Reimbursement Fee N/A sz