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CC Resolution No. 99-056RESOLUTION NO. 99-056 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER ALAN K. YUEN AND MEEKIE Y. CHEUNG; 22277 CRESCENT ROAD, APN 326-16-084 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Developer Alan K. Yuen and Meekie Y. Cheung, for the installation of certain municipal improvements at 22277 Crescent Road 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 February, 1999, by the following vote: Vote Members of thee City Council AYES: BURNETT, CHANG, JAMES, STATTON, DEAN NOES: NONE ABSENT: NONE ABSTAIN: NONE ATTEST: City Clerk APPROVED: Mayor, City of ~upertino Resolution No. 99-056 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Home Remodeling Alan K. Yuen and Meekie Y. Cheung LOCATION: 22277 Crescent Road A. Faithful Performance Bond: $12,000.00 TWELVE THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: $12,000.00 TWELVE 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: THREE HUNDRED THIRTY-SIX AND 00/100 DOLLARS $ 336.00 G. One Year Power Cost: N/A 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