CC Resolution No. 98-021RESOLUTION NO. 98-021
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER LISA WANG, 10171 CAMINO
VISTA DRIVE, APN 342-14-086
WHEREAS, there has been presented to the City Council a proposed
improvement agreement between the City of Cupertino and developer Lisa Wang for the
installation of certain municipal improvements at 10171 Camino Vista Drive 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 of Cupertino this 54
day of January, 1998, by the following vote:
Vote
Members of the City_ Council
AYES:
NOES:
ABSENT: None
ABSTAIN: None
Bumett, Dean, James, Statton, Chang
None
ATTEST:
Ci~
Mayor, City of Cupert~o
Resolution No. 98-021
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Single-Family Homes
Lisa Wang
LOCATION: 10171 Camino Vista Drive, APN 342-14-086
A. Faithful Performance Bond: $10,000.00
TEN THOUSAND AND 00/100 DOLLARS
B. Labor and Material Bond: $10,000.00
TEN THOUSAND AND 00/100 DOLLARS
C. Checking and Inspection Fees: $ 1,918.00
ONE THOUSAND NINE HUNDRED EIGHTEEN AND 00/100 DOLLARS
D. Indirect City Expenses: N/A
E. Development Maintenance Deposit: $ 500.00
FIVE HUNDRED AND 00/100 DOLLARS
F. Storm Drainage Fee: Basin #2 $ 284.00
TWO HUNDRED EIGHTY-FOUR AND 00/100 DOLLARS
G. One Year Power Cost: $ 75.00
SEVENTY-FIVE AND 00/100 DOLLARS
H. Street Trees: By Developer
I. Map Checking Fee: $ 413.00
FOUR HUNDRED THIRTEEN AND 00/100 DOLLARS
J. Park Fee: Zone I $ 1,597.50
ONE THOUSAND FIVE HUNDRED NINETY-SEVEN AND 50/100 DOLLARS
K. Water Main Reimbursement: N/A
L. Maps and/or Improvement Plans: As specified in
Item #23 of agreement