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CC Resolution No. 01-242RESOLUTION NO. 01-242 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS WILLIAM J. GIGNAC AND NANCY L. KEDER, 10255 HILLCREST ROAD, APN 326-16-008 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, William J. Gignac and Nancy L. Keder, for the installation of certain municipal improvements at 10255 Hillcrest 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 19~day of November, 2001, by the following vote: Vote Members of the City Council AYES: Barnett, Chang, James, Lowenthal NOES: None ABSENT: None ABSTAIN: None ATTEST: City Clerk APPROVED: Resolution No. 01-242 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: William J. Gignae and Nancy L. Keder Single Family Home LOCATION: 10255 Hillcrest Road A. Faithful Performance Bond: SEVEN THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: SEVEN THOUSAND AND 00/100 DOLLARS Off-site: Off-site: C. Checking and Inspection Fees: $ ONE THOUSAND SIX HUNDRED SEVENTY AND 00/I00 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: FIVE HUNDRED AND 00/100 DOLLARS G. H. I. J. K. L. Storm Drainage Fee: One Year Power Cost: Street Trees: Map Checking Fee: Park Fee: Water Main Reimbursement: Maps and/or Improvement Plans: $ 7,000.00 $ 7,000.00 1,670.00 N/A 500.00 N/A By Developer N/A N/A N/A As specified in Item #23 of agreement