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CC Resolution No. 06-010 RESOLUTION NO. 06-010 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER, DAVID BRETT OLIKER, A SINGLE MAN, 10484 BYRNE AVENUE, APN 357-14-013 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, David Brett Oliker, a single man, for the installation of certain municipal improvements at 10484 Byme 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 3rd day of January, 2006, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Lowenthal, Wang, Kwok, Sandoval None Mahoney None ATTEST: , , ~ Ci~ '" APPROVED: ~~~ø ayor, City of Cupertino Resolution No, 06-010 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: David Brett Oliker LOCATION: 10484 Byme Avenue APN 357-14-013 A, Faithful Performance Bond: $ 18,810,22 EIGHTEEN THOUSAND ElGHT HUNDRED TEN AND 22/100 DOLLARS B. Labor and Material Bond: $ 18,810,22 EIGHTEEN THOUSAND EIGHT HUNDRED TEN AND 22/100 DOLLARS C. Checking and Inspection Fees: $ 2,385,00 TWO THOUSAND THREE HUNDRED EIGHTY-FIVE AND 00/100 DOLLARS D, Development Maintenance Deposit ONE THOUSAND AND 00/100 DOLLARS $ 1,000,00 E, Storm Drainage Fee: ONE HUNDRED TWENTY-NINE AND 1/100 DOLLARS $ 129,01 F, One Year Power Cost: N/A 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 of agreement