CC Resolution No. 98-258- RESOLUTION NO. 98-258
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN
THE CITY AND DEVELOPER KELVIN KANG AND MARTHA SHAN PING
KANG, TRUSTEES OF THE KANO REVOCABLE TRUST DATED
SEPTEMBER 19, 1994, 21900 LOMITA AVENUE, APN 357-15-003
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Kelvin Kang and Martha Shan Ping
Kang, Trustees of the Kang Revocable Trust dated September 19, 1994, for the installation of
certain municipal improvements at 21900 Lomita 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 19th day of October, 1998, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT: NONE
ABSTAIN: NONE
BURNETT, DEAN, JAMES, STATTON, CHANG
NONE
ATTEST:
- Resolution No. 98-258
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Single Family Homes
Kelvin Kang and Martha Shan Ping
LOCATION:
21900 LomitaAvenue
A. Faithful Performance Bond: Off-site: $ 27,500.00
On-site: $ 8,000.00
TWENTY-SEVEN THOUSAND FIVE HUNDRED AND 00/100 DOLLARS
B. Labor and Material Bond: $ 27,500.00
TWENTY-SEVEN THOUSAND FIVE HUNDRED AND 00/100 DOLLARS
C. Checking and Inspection Fees: $ 1,975.00
ONE THOUSAND NINE HUNDRED SEVENTY-FIVE 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
TWO HUNDRED FIFTY-FIVE AND 00/100 DOLLARS
$ 255.00
G. One Year Power Cost:
SEVENTY-FIVE AND 00/100 DOLLARS
$ 75.00
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