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CC Resolution No. 07-158 RESOLUTION NO. 07-158 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO. AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND ROGER AND JINLING LOW, HUSBAND AND WIFE, 21988 MCCLELLAN ROAD, APN 356-08-027 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and Roger and Jinling Low, husband and wife for the installation of certain municipal improvements at 21988 McClellan 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 18th day of September 2007, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Wang, Lowenthal, Mahoney, Sandoval None None None ATTEST: APPROVED: . ~ c~ Resolution No. 07-158 Page 2 EXHffiIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Roger Low and Jinling Low, husband and wife LOCATION: 21988 McClellan Road, APN 356-08-027 A. Faithful Performance Bond: $ 21,267.40. TWENTY ONE THOUSAND TWO HUNDRED SIXTY SEVEN AND 401100 DOLLARS B. Labor and Material Bond: $ 21,267.40 TWENTY ONE THOUSAND TWO HUNDRED SIXTY SEVEN AND 401100 DOLLARS c. Checking and Inspection Fee: $ 2,304.00 TWO THOUSAND THREE HUNDRED FOUR AND 00/100 DOLLARS D. Development Maintenance Deposit: $ 1,000.00 ONE THOUSAND AND 001100 DOLLARS E. Storm Drainage Fee: Basin 2 $ 640.71 SIX HUNDRED FORTY AND 71/100 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