CC Resolution No. 99-057- RESOLUTION NO. 99-057
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND SHYH-HUNG YINN; 10330 IMPERIAL AVENUE,
APN 357-09-051
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and Developer, Shyh-Hung Yinn for the installation of
certain municipal improvements at 10330 Imperial 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
16 day of Febrnary, 1999, by the following vote:
Cupertino this th
Vote
Members o__f th__.~e City Council
AYE S:
NOES:
ABSENT:
ABSTA1N:
BURNETT, CHANG, JAMES, STATTON, DEAN
NONE
NONE
NONE
ATTEST:
City Clerk
APPROVED:
Mayor, City ~ Cupertino
Resolution No. 99-057
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Single Family Homes
Shyh-Hung Yinn
LOCATION:
10330 Imperial Avenue
A. Faithful Performance Bond: Off-site: $18,000.00
On-site: $ 5,500.00
EIGHTEEN THOUSAND AND 00/100 DOLLARS
B. Labor and Material Bond:
EIGHTEEN THOUSAND AND 00/100 DOLLARS
$18,000.00
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 NINETY-EIGHT AND 00/100 DOLLARS
G. One Year Power Cost:
SEVENTY-FIVE AND 00/100 DOLLARS
$ 298.00
$ 75.00
H. Street Trees: By Developer
I. Map Checking Fee: N/A
J. Park Fee: N/A
K. Water Main Reimbursement: N/A
L. Maps and/or Improvement Plans: As specified in
Item #23 of agreement