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CC Resolution No. 02-168- RESOLUTION NO. 02-168 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS, GHOLAMREZA JAVANMARD AND EZAT LOUKZADEH, 10071 ORANGE AVENUE, APN 357-16-029 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Gholamreza Javanmard and Ezat Loukzadeh, for the installation of certain municipal improvements at 10071 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 16th day of September, 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. 02-168 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Gholamreza Javanmard and Ezat Loukzadeh LOCATION: 10071 Orange Avenue A. Faithful Performance Bond: $11,737.00 ELEVEN THOUSAND SEVEN HUNDRED THIRTY-SEVEN AND 00/100 DOLLARS B. Labor and Material Bond: $11,737.00 ELEVEN THOUSAND SEVEN HUNDRED THIRTY-SEVEN AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 1,840.00 ONE THOUSAND EIGHT HUNDRED FORTY AND 00/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: $ 1,000.00 ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: $ 225.25 TWO HUNDRED TWENTY-FIVE AND 25/100 DOLLARS G. One Year Power Cost: $ 150.00 ONE HUNDRED FIFTY AND 00/100 DOLLARS H. Street Trees: By Developer I. Map Checking Fee: N/A J. Park Fee: N/A K. Water Main Reimbursement: N/A L. Maps and/or Improvement Plans: As specified in Item #21 of agreement