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CC Resolution No. 9974- RESOLUTION NO. 9974 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER WEI-LUH CHU AND T§AI LAN CHU; 22371 CUPERTINO ROAD, APN 325-15-010 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Wei-Luh Chu and Tsai Lan Chu for the installation of certain municipal improvements at 22371 Cupertino Road, 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 6th day of October, 1997, by the following vote: Vote Members of the Ci_ty Council AYES: Burnett, NOES: None ABSENT: None ABSTAIN: None Chang, Dean, Sorensen, Bautista ATTEST: Cit~ APPROVED: ~or; City of~pertino Resolution No. 9974 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single-Family Residence Wei-Luh Chu and Tsai Lan Chu LOCATION: 22371 Cupertino Road A. Faithful Performance Bond: $ 36,903.00 THIRTY-SIX THOUSAND NINE HUNDRED THREE AND 00/100 DOLLARS B. Labor and Material Bond: $ 36,903.00 THIRTY-SIX THOUSAND NINE HUNDRED THREE AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 1,845.15 ONE THOUSAND EIGHT HUNDRED FORTY-FIVE AND 15/100 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #3 THREE HUNDRED TWENTY-FOUR AND 00/100 DOLLARS G. One Year Power Cost: H. Street Trees: I. Map Checking Fee: J. Park Fee: Zone I K. Water Main Reimbursement: ONE THOUSAND SIX HUNDRED FORTY AND 70/100 DOLLARS L. N/A $ 1,000.00 $ 324.00 N/A By Developer N/A N/A $ 1,640.70 Maps and/or Improvement Plans: As specified in Item #23 of agreement