12. Hu Improvement Agrmnt.
DRAFT
RESOLUTION NO. 06-089
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF AN IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER, SING-CHUNG HU AND HSIEN-HSIEN DIANA
HU, TRUSTEE OF THE HU FAMILY REVOCABLE TRUST
10026 ORANGE AVENUE, APN 357-17-060
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Sing-Chung Hu and Hsien-Hsien Diana
Hu, trustee of the Hu Family Revocable Trust, for the installation of certain municipal
improvements at 10026 Orange A venue 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 16th day of May, 2006, by the following vote:
Vote Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
APPROVED:
City Clerk
Mayor, City of Cupertino
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Resolution No. 06-089
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Sing-Chung Hu and Hsien-Hsien Diana Hu, trustee of the Hu Family
Revocable Trust
LOCATION: 10026 Orange Avenue, APN 357-17-060
A. Faithful Performance Bond: $ 31,053.00
THIRTY-ONE THOUSAND FIFTY-THREE AND 00/100 DOLLARS
B. Labor and Material Bond: $ 31,053.00
THIRTY-ONE THOUSAND FIFTY-THREE AND 00/100 DOLLARS
C. Checking and Inspection Fees: $ 1,552.65
ONE THOUSAND FIVE HUNDRED FIFTY-TWO AND 65/100 DOLLARS
D. Development Maintenance Deposit $ 1,000.00
ONE THOUSAND AND 00/100 DOLLARS
E. Storm Drainage Fee: $ 387.25
THREE HUNDRED EIGHTY-SEVEN AND 25/100 DOLLARS
F.
One Year Power Cost:
THIRTY-SEVEN AND 50/100 DOLLARS
$ 37.50
G.
Map Checking Fee:
N/A
H.
Park Fee:
N/A
I.
Traffic/Transportation Requirement Fee
EIGHT THOUSAND AND 00/100 DOLLARS
$ 8,000.00
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