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CC Resolution No. 04-377 RESOLUTION NO. 04-377 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER, WILLIAM A. HURT, A MARRIED MAN, AS HIS SOLE AND SEPARATE PROPERTY, 21740 ALCAZAR AVENUE, APN 357-19-011 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, William A. Hurt, a married man, as his sole and separate property, for the installation of certain municipal improvements at 21740 Alcazar Avenue, and said agreement having been approved by the City Attorney, and Developer having paid the fees as outlined in the attached Exhibit A; NOW, THEREFORE, BE IT RESOLVED THAT the Mayor and the City Clerk arc hereby authorized to sign the aforementioned agreement on behalf of the City of Cupcrtino PASSED AND ADOPTED at a regular meeting of the City Council of thc CIty of Cupertino this 16th day of August, 2004 by the following vote: Vote Members Qfthe 9!Y Council AYES: NOES: ABSENT: ABSTAIN: Kwok, Lowenthal, Sandoval, Wang None James None ATTEST: . ~ C~ A~ Vice-Mayor, City of Cupertino Resolution No. 04-377 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: William A. Hurt LOCATION: 21740 Alcazar Avenue APN357-l9-01l A. Faithful Performance Bond: $ 15,950.00 FIFTEEN THOUSAND NINE HUNDRED FIFTY AND 00/100 DOLLARS B. Labor and Material Bond: $ 15,950.00 FIFTEEN THOUSAND NINE HUNDRED FIFTY AND 001100 DOLLARS C. Checking and Inspection Fees: $ 2,385.00 TWO THOUSAND THREE HUNDRED EIGHTY-FIVE AND 001100 DOLLARS D. Development Maintenance Deposit ONE THOUSAND AND 00/100 DOLLARS $ 1,000.00 E. Storm Drainage Fee: THREE HUNDRED TWENTY-ONE AND 171100 DOLLARS $ 321.17 F. One Year Power Cost: SEVENTY-FIVE AND 00/100 DOLLARSS $ 75.00 G. Street Trees: By Developer H. Map Checking Fee: N/A I. Park Fee: N/A J. Water Main Reimbursement: N/A K. Maps and/or Improvement Plans: As specified in Item #21 ofagrccll1cnt