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CC Resolution No. 03-158RESOLUTION NO. 03-158 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZiNG EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS STEVEN MAYHEW AND JEANETTE MAYHEW, TRUSTEES OF THE MAYHEW FAMILY TRUST INITIALLY CREATED ON NOVEMBER 20, 2001 21691 LOMITA AVENUE, APN 357-17-023 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Steven Mayhew and Jeanette Mayhew, trustees for the Mayhew Family Trust initially created on November 20, 2001, for the installation of certain municipal improvements at 10660 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 2"a day of September, 2003, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Chang, James, Kwok, Sandoval, Lowenthal None None None ATTEST: Mayor, City of Cupertino ~ Resolution No.03 - 158 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Steven Mayhew and Jeanette Mayhew Trustees for the Mayhew Family Trust LOCATION: 21691 Lomita Avenue A. Faithful Performance Bond: Off-Site: $ 7, 512.00 SEVEN THOUSAND FIVE HUNDRED AND TWELVE AND 00/100 DOLLARS B. Labor and Material Bond: Off-Site: $ 7,512.00 SEVEN THOUSAND FIVE HUNDRED AND TWELVE AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 2,385 TWO THOUSAND THREE HUNDRED AND EIGHTY FIVE AND 00/100 DOLLARS D. Development Maintenance Deposit: $1,000 ONE THOUSAND AND 00/100 DOLLARS E. Storm Drainage Fee: Basin 2 $148.07 ONE HUNDRED FORTY EIGHT AND 07/100 DOLLARS F. One Year Power Cost: N/A 110-4537 G. Street Trees: N/A H. Map Checking Fee: N/A I. N/A J. N/A 110-4539 Park Fee: ZONE II ACCT #: 280-4082 Water Main Reimbursement: 110-4554 Maps and/or Improvement Plans: As Specified in Item #20 BY DEVELOPER