CC Resolution No. 07-063RESOLUTIOl~f N0.07-063
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY
AND DEVELOPER TIEP D. NGUYEN AND 1v1YHA P. NGUYEN, TRUSTEES OF THE
NGUYEN 2001 FAMILY TRUST, ]DATED DECEMBER 20, 2001,
22580 SAN JUAN ROAD, APN 342-18-044
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Tiep D. Nguyen and Myha P. Nguyen,
Trustees of the Nguyen 2001 Family Trust, dated December 20, 2001, for the installation of
certain municipal improvements at 22580 San ,Juan Road and said agreement having been
approved by the City Attorney, and Developers h;~ving 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 agree:ment on behalf of the City of Cupertino.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 17`h day of April, 2007, by the following vote:
Vote Members of the C~ Council
AYES: Wang, Lowenthal, Mahoney, Sandoval
NOES: None
ABSENT: Kwok
ABSTAIN: None
ATTEST:
APPROVED:
~~ ~~~~ ,~-~fL,~, ( Gam.,
City Clerk ~ ayor, City of
Resolution No. 07-063
Page 2
EXHIBIT' "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Tiep D. Nguyen and Myha F'. Nguyen, Trustees of the Nguyen 2001
Family Trust, dated December 20, 2001
LOCATION: 22580 San Juan Road
A. Faithful Performance Bond: $ 67,928.00
SIXTY-SEVEN THOUSAND NINE HUNDRED 'TWENTY-EIGHT AND 00/100 DOLLARS
B. Labor and Material Bond: $ 67,928.00
SIXTY-SEVEN THOUSAND NINE HUNDRED 'TWENTY-EIGHT AND 00/100 DOLLARS
C. Checking and Inspection Fee: $ 3,396.40
THREE THOUSAND THREE HUNDRED NINETY-SIX AND 40/100 DOLLARS
D. Development Maintenance Deposit:
ONE THOUSAND AND 00/100 DOLLARS
E. Storm Drainage Fee: Basin 2
ONE THOUSAND SIXTY-FOUR AND 72/100 DOLLARS
F. Street Light -One-Year Power Cost:
G. Map Checking Fee:
H. Park Fee: ZONE II
FIFTEEN THOUSAND FIVE HUNDRED SEVEIITY AND 00/100 DOLLARS
I. Reimbursement Fee:
$ 1,000.00
$ 1,064.72
N/A
PAID
$ 15,570.00
N/A