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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