CC Resolution No. 98-093RESOLUTION NO. 98-093
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER FRAN LEE;
10626 FELTON WAY, APN 359-18-021
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Fran Lee, for the installation of certain
municipal improvements at 10626 Felton Way 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 20t~ day of April, 1998, by the follo,ving vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
BURNETT, DEAN, JAMES, STATTON, CHANG
NONE
NONE
NONE
Mayor, City of Cupertino
1'5 '/
Resolution No. 98-093
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Fran Lee
Single Family Homes
LOCATION:
10626 Felton Way
A. Faithful Performance Bond:
FOUR THOUSAND AND 00/100 DOLLARS
Off-site:
On-site:
$ 4,000.00
$ 7,000.00
B. Labor and Material Bond:
FOUR THOUSAND AND 00/100 DOLLARS
$ 4,000.00
C. Checking and Inspection Fees:
ONE THOUSAND NiNE HUNDRED EIGHTEEN AND 00/100 DOLLARS
$ 1,918.00
D. Indirect City Expenses:
N/A
E. Development Maintenance Deposit:
ONE THOUSAND AND 00/100 DOLLARS
$ 1,000.00
F. Storm Drainage Fee: Basin #3
TWO HUNDRED SEVENTY-EIGHT AND 00/100 DOLLARS
$ 278.00
G. One Year Power Cost:
N/A
H. Street Trees:
By Developer
I. Map Checking Fee:
N/A
J. Park Fee:
N/A
K. Water Main Reimbursement:
N/A
Maps and/or Improvement Plans:
As specified in
Item #23 of agreement