CC Resolution No. 98-283RESOLUTION NO. 98-283
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN
THE CITY AND DEVELOPER SUE LEE Y1NN, APN 357-04-071
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Sue Lee Yinn, for the installation of
certain municipal improvements at 22460 Palm 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 16th day of November, 1998, by the following vote:
Vote
Members o_f the City .Council
AYES:
NOES:
ABSENT:
ABSTAIN:
BURNETT, DEAN, JAMES, STATTON, CHANG
NONE
NONE
NONE
ATTEST:
Mayor, City of Cupertino ~
Resolution No. 98-283
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Single Family Home
Sue Lee Yinn
LOCATION: 22460 Palm Avenue
A. Faithful Performance Bond: Off-site: $11,000.00
On-site: $ 5,500.00
ELEVEN THOUSAND AND 00/100 DOLLARS
B. Labor and Material Bond: $11,000.00
ELEVEN THOUSAND 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: $ 1,000.00
ONE THOUSAND AND 00/100 DOLLARS
F. Storm Drainage Fee: Basin #2 $ 298.00
TWO HUNDRED NINETY-EIGHT AND 00/100 DOLLARS
G. One Year Power Cost: $ 75.00
SEVENTY-FIVE AND 00/100 DOLLARS
H. Street Trees:
I. Map Checking Fee:
J. Park Fee:
FIFTEEN THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS
By Developer
N/A
$15,750.00
K. Water Main Reimbursement: N/A
L. Maps and/or Improvement Plans: As specified in
Item #23 of agreement