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CC Resolution No. 00-031RESOLUTION NO. 00-031 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS, RICHARD D. MARTINEZ AND HENRIETTA B. MARTINEZ; 18760 ARATA WAY; APN 375-13-015 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Richard D. Martinez and Henrietta B. Martinez, for the installation of certain municipal improvements at 18760 Arata Way, 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 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 18a day of January, 2000, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: None ABSTAIN: None Bumett, Chang, James, Lowenthal, Statton None ATTEST: Resolution No. 00-031 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Home Richard D. Martinez and Henrietta B. Martinez LOCATION: 18760 Arata Way A. Faithful Performance Bond: ELEVEN THOUSAND AND 00/100 DOLLARS Off-site: $11,000.00 On-site: $ 1,500.00 B. Labor and Material Bond: ELEVEN THOUSAND AND 00/100 DOLLARS $11,000.00 C. Checking and Inspection Fees: $ 1,515.00 ONE THOUSAND FIVE HUNDRED FIFTEEN AND 00/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS $ 1,000.00 F. Storm Drainage Fee: TWO HUNDRED SLX AND 40/100 DOLLARS $ 206.40 G. One Year Power Cost: SEVENTY-FIVE AND 00/100 DOLLARS $ 75.00 H. Street Trees: By Developer I. Map Checking Fee: N/A J. Park Fee: N/A K. Water Main Reimbursement: N/A Maps and/or Improvement Plans: As specified in Item #23 of agreement