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CC Resolution No. 01-150RESOLUTION NO. 01-150 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS THOMAS M. MCNAIR AND JAMIE A. BRIGGS, 22261 MCCLELLAN ROAD, APN 357-04-067 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Thomas M. McNair and Jamie A. Briggs, for the installation of certain municipal improvements at 22261 McClellan 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 2nd day of July 2001, by the following vote: Vote Members of the City Council AYES: Burnett, Chang, James, Lowenthal NOES: None ABSENT: None ABSTAIN: None ATTEST: Cit~~ APPROVED: M~3or, City off'Cu~n(~ ' Resolution No.O 1-150 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Thomas M. McNair and Jamie A. Briggs LOCATION: 22261 McClellan Road A. Faithful Performance Bond: On-site: $ 21,689.00 Off-site: $ 2,060.00 TWENTY-ONE THOUSAND SIX HUNDRED EIGHTY-NINE AND 00/100 DOLLARS TWO THOUSAND SIXTY AND 00/100 DOLLARS B. Labor and Material Bond: On-site: $ 21,689.00 Off-site: $ 2,060.00 TWENTY-ONE THOUSAND SIX HUNDRED EIGHTY-NINE AND 00/100 DOLLARS TWO THOUSAND SIXTY AND 00/100 DOLLARS C. Checking and Inspection Fees: TWO THOUSAND ONE HUNDRED THIRTY AND 00/100 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: TWO HUNDRED NINETY-FiVE AND 00/100 DOLLARS G. One Year Power Cost: H. Street Trees: I. Map Checking Fee: J. Park Fee: FIFTEEN THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS K. Water Main Reimbursement: $ 2,130.00 N/A $ 1,000.00 $ 295.00 N/A By Developer N/A $15,750.00 N/A L. Maps and/or Improvement Plans: As specified in - Item #23 of agreement