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CC Resolution No. 04-406 RESOLUTION NO. 04-406 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS, BHOPINDER MATHARU, A MARRIED MAN AS HIS SOLE AND SEPARATE PROPERTY, 21828 ALCAZAR AVENUE, APN 357-14-050 I I WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Bhopinder Matharu, a married man as his sole and separate property, for the installation of certain municipal improvements at 21828 Alcazar A venue 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 20th day of September, 2004, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: James, Kwok, Lowenthal, Sandoval, Wang None None None ATTEST: , ~ C~ APPROVED: ~~~~ Mayor, City upertino Resolution No.04-406 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Bhopinder Matharu LOCATION: 21828 Alcazar Avenue APN 357-14-050 A. Faithful Performance Bond: SEVEN THOUSAND THREE HUNDRED AND 00/100 DOLLARS $ 7,300.00 B. Labor and Material Bond: SEVEN THOUSAND THREE HUNDRED AND 00/100 DOLLARS $ 7,300.00 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: TWO HUNDRED SIXTY-NINE AND 49/100 DOLLARS $ 269.49 F. One Year Power Cost: N/A G. Street Trees: By Developer H. Map Checking Fee: N/A 1. Park Fee: N/A J. Water Main Reimbursement: N/A K. Maps and/or Improvement Plans: As specified in Item #21 of agreement