CC Resolution No. 98-181RESOLUTION NO. 98-181
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER QINGYU LI AND XIANING ZHU;
10554 SANTA LUCIA ROAD, APN 342-16-040
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and Developer, Qingyu Li and Xianing Zhu, for the
installation of certain municipal improvements at 10554 Santa Lucia 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 6~ day of July, 1998, by the following vote:
Vote
Members of the City Council
AYES: Bumett, Dean, James, Statton, Chang
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
City Clerk~t~k~ ~d/T'rt'~-~-
Mayor, City of Cupertino
Resolution No. 98-181
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Single Family Homes
Qingyu Li and Xianing Zhu
LOCATION: 10554 Santa Lucia Road
A. Faithful Performance Bond:
NINETEEN THOUSAND AND 00/100 DOLLARS
B, Labor and Material Bond:
NINETEEN THOUSAND AND 00/100 DOLLARS
C. Checking and Inspection Fees: $
ONE THOUSAND NINE HUNDRED EIGHTEEN AND 00/100 DOLLARS
D. Indirect City Expenses:
E. Development Maintenance Deposit: $
FIVE HUNDRED AND 00/100 DOLLARS
Storm Drainage Fee: Basin #3
THREE HUNDRED EIGHTY-NiNE AND 00/100 DOLLARS
G. One Year Power Cost:
SEVENTY-FIVE AND 00/100 DOLLARS
I.
J.
K.
L.
Street Trees:
Map Checking Fee:
Park Fee:
Water Main Reimbursement:
Maps and/or Improvement Plans:
$19,000.00
$19,000.00
1,918.00
N/A
1,000.00
$ 389.00
$ 75.00
By Developer
N/A
N/A
N/A
As specified in
Item #23 of agreement