CC Resolution No. 04-359
RESOLUTION NO. 04-359
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPERS, KINDERCARE LEARNING CENTER, INC., A
DELAWARE CORPORATION, ISIS SOUTH DE ANZABOULEVARD, APN 366-10-127
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Kindercare Learning Center, Inc" a
Delaware Corporation, for the installation of certain municipal improvements at 15 I 5 South De
Anza 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 19h day ofJuly 2004, by the following vote:
Vote
Members 2.fthe Q!y Council
AYES:
NOES:
ABSENT:
ABSTAIN:
James, Kwok, Lowenthal, Sandoval, Wang
None
None
None
ATTEST:
Cit~~
Resolution No. 04-359
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT:
Kindercare Learning Center, Inc" a Delaware Corporation
LOCATION:
1515 South De Anza Boulevard
APN 366-IO-127
A, Faithful Performance Bond:
FIFTEEN THOUSAND AND OO/IOO DOLLARS
$ 15,000.00
B, Labor and Material Bond:
FIFTEEN THOUSAND AND 00/100 DOLLARS
$ 15,000,00
C, Checking and Inspection Fees: $ 2,385.00
TWO THOUSAND THREE HUNDRED EIGHTY -FIVE AND OO/IOO DOLLARS
D. Development Maintenance Deposit
ONE THOUSAND AND OO/IOO DOLLARS
$ I,OOO.OO
E,
Storm Drainage Fee:
Paid
F,
One Year Power Cost:
NA
G.
Street Trees:
By Developer
H,
Map Checking Fee:
NA
1.
Park Fee: Zone II
NA
J,
Water Main Reimbursement:
NA
K,
Maps and/or Improvement Plans:
As specified in
Item #21 of agreement