CC Resolution No. 98-095RESOLUTION NO. 98-095
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER KOK Y. HO AND YUET M. HO;
10247 BYRNE AVENUE, APN 357-11-016
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Kok Y. Ho and Yuet M. Ho, for the
installation of certain municipal improvements at 10247 Byme Avenue 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 20~ day of April, 1998, by the following vote:
Vote
Members of the City Council
AYES: BURNETT, DEAN, JAMES,
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
STATTON, CHANG
Gity Clerk/
V~ED: ~ ~,
Mayor, City of Cupertino
- Resolution No. 98-095
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Kok Y. Ho and Yuet M. Ho
Single Family Homes
LOCATION:
10247 Byme Avenue
A. Faithful Performance Bond:
TEN THOUSAND AND 00/100 DOLLARS
Off-site: $10,000.00
On-site: $15,000.00
B. Labor and Material Bond:
TEN THOUSAND AND 00/100 DOLLARS
$10,000.00
C. Checking and Inspection Fees: $ 1,458.00
ONE THOUSAND FOUR HUNDRED FIFTY-EIGHT AND 00/100 DOLLARS
D. Indirect City Expenses:
N/A
E. Development Maintenance Deposit:
ONE THOUSAND AND 00/100 DOLLARS
$ 1,000.00
F. Storm Drainage Fee: Basin #2
THREE HUNDRED FORTY-TWO AND 05/100 DOLLARS
$ 342.05
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: $ 1,732.50
ONE THOUSAND SEVEN HUNDRED THIRTY-TWO AND 50/100 DOLLARS
Maps and/or Improvement Plans:
As specified in
Item #23 of agreement