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CC Resolution No. 08-102 Baig Imp. Agrmnt.RESOLUTION N0.08-102 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF AN IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER, SAMEENA BAIG, 10630 LINNET LANE, APN 326-47-017 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer Sameena Baig, 10630 Linnet Lane, APN 326-47-017, 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 5th day of August 2008, by the following vote: Vote Members of the City Council AYES: Sandoval, Mahoney, Santoro, Wang, Wong NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: 1 1 V' ~ City Clerk ~ ~- ,,~ c ~ Jam/ ; 1 Mayor, City of Cupertino Resolution No. 08-102 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Sameena Baig LOCATION: 10630 Linnet Lane, APN 326-47-017 A. Faithful Performance Bond: $62,491.00 SIXTY-TWO THOUSAND FOUR HUNDRED NINETY-ONE AND 00/100 DOLLARS B. Labor and Material Bond: $62,491.00 SIXTY-TWO THOUSAND FOUR HUNDRED NINETY-ONE AND 00/100 DOLLARS C. Checking and Inspection Fee: $2,124.55 TWO THOUSAND ONE-HUNDRED TWENTY-FOUR AND 55/100 DOLLARS D. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS $ 1,000.00 E. Storm Drainage Fee: Basin 2 $ 670.80 SIX HUNDRED SEVENTY AND 80/100 DOLLARS F. Street Light -One-Year Power Cost: N/A G. Map Checking Fee: Paid H. Park Fee: ZONE II $47,250.00 FORTY-SEVEN THOUSAND TWO-HUNDRED FIFTY AND 00/100 DOLLARS I. Reimbursement Fee N/A