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CC Resolution No. 03-229RESOLUTION NO. 03 -229 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS, BARBARA FELDSTEIN KALMAN, KATHY KEILES BAKER, AND KAAREN STREETMAN, 21678 STEVENS CREEK BOULEVARD, APN 357 -17 -012 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Barbara Feldstein Kalman, Kathy Keiles Baker, and Kaaren Streetman, for the installation of certain municipal improvements at 21678 Stevens Creek Boulevard 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 15' day of December, 2003, by the following vote: Vote Members of the City Council AYES: James, Kwok, Lowenthal, Sandoval, Wang NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: City Clerk —Mayor, City of Cupe o Resolution No. 03 -229 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Barbara Feldstein Kalman, Kathy Keiles Baker, and Kaaren Streetman, LOCATION: 21678 Stevens Creek Boulevard, APN 357 -17 -012 A. Faithful Performance Bond: SIXTEEN THOUSAND AND 00 /100 DOLLARS B. Labor and Material Bond: SIXTEEN THOUSAND AND 00 /100 DOLLARS C. Checking and Inspection Fees: D. Development Maintenance Deposit ONE THOUSAND AND 00 /100 DOLLARS Off -site: $ 16,000.00 $ 16,000.00 $ 1,000.00 E. Stone Drainage Fee: $ 1,354.17 ONE THOUSAND THREE HUNDRED FIFTY -FOUR AND 17/100 DOLLARS F. One Year Power Cost: N/A G. Street Trees: H. Map Checking Fee: SEVENTY -FIVE AND 00 /100 DOLLARS I. Park Fee: J. Water Main Reimbursement: K. Maps and/or Improvement Plans: By Developer $ 75.00 N/A "N1.1 As specified in Item #23 of agreement