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CC Resolution No. 08-133 Imp. Agrmnt. Empire AveRESOLUTIOI~f N0.08-133 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF AI`l IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER, BLESKOM LLC, 10185 AND 10215 - 10227 EMPIRE AVENUE, APN(s) 326-22-002 and 326-22-029 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and Developer, Bleskom LLC, 10185 and 10215 - 10227 Empire Avenue, APN(s) 326-22-002 and 326-22-029 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 7th day of October 2008, by the following vote: Vote Members of the C~ Council AYES: Sandoval, Mahoney, Santoro, Wang, Wong NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: _. City Clerk Mayor, City of Cupertino Resolution No. 08-133 Page 2 EXHIBIT' "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: BLESKOM LLC LOCATION: 10185 and 10215-10227 EMPIRE AVENUE, APN(s) 326-22-002, 326-22-029 A. Faithful Performance Bond: $ 98,374.00 NINETY-EIGHT THOUSAND THREE HUNDRI~D SEVETY-FOUR AND 00/100 DOLLARS B. Labor and Material Bond: $ 98,374.00 NINETY-EIGHT THOUSAND THREE HUNDRI~D SEVETY-FOUR AND 00/100 DOLLARS C. Checking and Inspection Fee: FOUR THOUSAND NINE-HUNDRED EIGHTEEN AND 00/100 DOLLARS D. Development Maintenance Deposit: TWO THOUSAND AND 00/100 DOLLARS E. Storm Drainage Fee: Basin 2 SIX- HUNDRED TWO AND 57/100 DOLLARS F. Street Light -One-Year Power Cost: ONE-HUNDRED FIFTY AND 00/100 DOLLAR;i G. Map Checking Fee: H. Park Fee: ZONE III FIFTEEN THOUSAND SEVEN HUNDRED FIF'CY AND 00/100 DOLLARS Reimbursement Fee $ 4,918.00 $ 2,000.00 $602.57 $150.00 $.00 $15,750.00 N/A