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101-Resolution.pdf
RESOLUTIONNO.11-
ARESOLUTIONOFTHECITYCOUNCILOF THECITYOFCUPERTINO
AUTHORIZING EXECUTIONOFANDEVELOPMENTAGREEMENTBETWEEN THE
CITYANDDEVELOPERS,JERRYJIN-TZONGLIUANDJENNIFERFANGFANG,
21835LOMITAAVENUE,APN 357-16-063
WHEREAS,therehasbeenpresentedtotheCityCouncilaproposeddevelopment
agreementbetweentheCityofCupertinoanddevelopers,JerryJin-TzongLiuandJenniferFang
Fang,fortheinstallationofcertainmunicipalimprovementsat21835LomitaAvenue,andsaid
agreementhavingbeenapprovedbytheCityAttorney,andDevelopershavingpaidthefeesas
outlinedintheattachedExhibitA;
NOW,THEREFORE,BEITRESOLVEDTHATtheMayorandtheCityClerkare
herebyauthorizedto signtheaforementionedagreement on behalfoftheCity ofCupertino.
PASSEDANDADOPTEDataregularmeetingoftheCityCounciloftheCityof
Cupertinothis 5th day ofApril, 2011, bythefollowing vote:
VoteMembers oftheCityCouncil
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:APPROVED:
_________________________________________________
CityClerkMayor,City ofCupertino
ResolutionNo. 11-
Page2
EXHIBIT“A”
SCHEDULEOFBOND,FEES,ANDDEPOSITS
DEVELOPERS:JERRYJIN-TZONGLIUANDJENNIFERFANGFANG
LOCATION:21835LOMITAAVENUE,APN 357-16-063
PARTAFaithfulPerformanceBond:$ 4,277.00
110 2211
PARTBLaborand MaterialBond:$ 4,277.00
110 2211
PARTC.CheckingandInspectionFee:$ 2,468.00
110 4538
PARTD.Development MaintenanceDeposit:$ 1,000.00
110 2211
PART E.StormDrainageFee –Basin 2$ 229.98
215 4072
PARTF.StreetLight-One-YearPowerCost:N/A
110 4537
PARTG.MapCheckingFee:N/A
110 4539
PARTH.ParkFee-ZONEIIN/A
280 4082
PARTI.ReimbursementFee:N/A