CC Resolution No. 07-053
RESOLUTION NO. 07-053
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY
AND DEVELOPER MOHAMMAD R. MORADI AND P ARTOW PIRAN MORADI,
HUSBAND AND WIFE AS COMMUNITY PROPERTY WITH RIGHT OF SURVIVORSIP,
10050 HILLCREST ROAD, APN 326-16-018
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Mohammad R. Moradi and Partow
Piran Moradi, husband and wife as community property with right of survivorship, for the
installation of certain municipal improvements at 10050 Hillcrest Road and said agreement
having been approved by the City Attorney, and Developers 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 3rd day of April, 2007, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
Wang, Lowenthal, Mahoney, Sandoval
None
Kwok
None
ATTEST:
APPROVED:
~ ~-iL
City Clerk (f
Resolution No. 07-053
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Mohammad R. Moradi and Partow Piran Moradi, husband and wife as
community property with right of survivorship
LOCATION: 10050 Hillcrest Road
A.
Faithful Performance Bond:
$ 23,848.00
TWENTY-THREE THOUSAND EIGHT HUNDRED FORTY-EIGHT AND 001100 DOLLARS
B.
Labor and Material Bond:
$ 23,848.00
TWENTY-THREE THOUSAND EIGHT HUNDRED FORTY-EIGHT AND 001100 DOLLARS
C.
Checking and Inspection Fee:
$ 2,194.00
TWO THOUSAND ONE HUNDRED NINETY-FOUR AND 00/100 DOLLARS
D.
Development Maintenance Deposit:
$ 1,000.00
ONE THOUSAND AND 001100 DOLLARS
E.
Storm Drainage Fee: Basin 2
$ 380.37
THREE HUNDRED EIGHTY AND 37/100 DOLLARS
F.
Street Light - One- Year Power Cost:
N/A
G.
Map Checking Fee:
N/A
H.
Park Fee: ZONE II
N/A
I.
Reimbursement Fee:
N/A