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CC Resolution No. 9825RESOLUTION NO. 9825 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER, BAHADOR ASKARINAM, 10496 BYRNE AVENUE, APN 357-14-012 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Bahador Askarinam for the installation of certain municipal improvements on 10496 Byme Avenue, and said agreement having been approved by the City Attomey, 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 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 21st day of April, 1997, by the following vote: Vot~ Members 9._f the City Council AYES: Burnett, NOES: None ABSENT: None ABSTAIN: None Chang, Dean, Sorensen, Bautista ATTEST: Ci~ APPROVED: ~3~r~iw~f C"-~pertino-''--~ Resolution No. 9825 Page 2 EXHIBIT "A" SCHEDULE OF BONDS, FEES, AND DEPOSITS DEVELOPMENT: Single-Family Homes Bahador Askarinam LOCATION: 10496 Byme Avenue A. Faithful Performance Bond: $11,457.00 ELEVEN THOUSAND FOUR HUNDRED FIFTY-SEVEN AND 00/100 DOLLARS B. Labor and Material Bond: $11,457.00 ELEVEN THOUSAND FOUR HUNDRED FIFTY-SEVEN AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 266.00 TWO HUNDRED SIXTY-SIX AND 00/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: $ 1,000.00 ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #2 $ 222.44 TWO HUNDRED TWENTY-TWO AND 44/100 DOLLARS G. One Year Power Cost: $ 75.00 SEVENTY-FIVE AND 00/100 DOLLARS H. Street Trees: By Developer I. Map Checking Fee: N/A J. Park Fee: Zone II N/A Acct # 480-416-011 K. Water Main Reimbursement: $ 1,687.50 ONE THOUSAND SIX HUNDRED EIGHTY-SEVEN AND 50/100 DOLLARS L. Maps and/or Improvement Plans: As specified in Item #23 of agreement