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101-Draft Resolution.pdfRESOLUTION NO. 11- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF AN IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS, AZ CHEMICALS, INC. AND RONSDALE MANAGEMENT, LLC, 22080 SAN FERNANDO COURT, APN 357-12-011 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, AZ Chemicals, Inc. and Ronsdale Management, LLC, for the installation of certain municipal improvements at 22080 San Fernando Court 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 4th day of October, 2011, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: ATTEST: APPROVED: _________________________ ________________________ Kimberly Smith, City Clerk Gilbert Wong, Mayor, City of Cupertino Resolution No. 11- Page 2 EXHIBIT “A” SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPER: AZ CHEMICALS, INC. AND RONSDALE MANAGEMENT, LLC LOCATION: 22080 SAN FERNANDO COURT, APN 357-12-011 PART A Faithful Performance Bond: $ 3,433.32 110 2211 PART B Labor and Material Bond: $ 3,433.32 110 2211 PART C Checking and Inspection Fee: $ 2,542.00 110 4538 PART D Development Maintenance Deposit: $ 1,000.00 110 2211 PART E Storm Drainage Fee – Basin 2 $ 159.35 215 4072 PART F Street Light - One-Year Power Cost: N/A 110 4537 PART G Lot Line Adjustment Fee: N/A 110 4539 PART H Park Fee - ZONE III N/A 280 4083 PART I Reimbursement Fee: N/A