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CC Resolution No. 99-176RESOLUTION NO. 99-176 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTiNO AUTHORIZiNG EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER WEI JAO CHYU AND JIEN MEEI CHYU; 10423 BYRNE AVENUE, APN 357-12-034 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Wei Jao Chyu and Jien Meei Chyu, for the installation of certain municipal improvements at 10423 Byme 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 Cupertino this 21s~ day of June, 1999, by the following vote: Vote AYES: NOES: ABSENT: ABSTAIN: Members of the City Council Burnett, Chang, Dean, James, Statton None None None ATTEST: City Cler APPROVED: Resolution No. 99-176 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Home Wei Jao Chyu and Jien Meei Chyu LOCATION: 10423 Byme Avenue, APN 357-12-034 A. Faithful Performance Bond: Off-site: On-site: NINE THOUSAND TWO HUNDRED FIFTY AND 00/100 DOLLARS B. Labor and Material Bond: NINE THOUSAND TWO HUNDRED FiFTY AND 00/100 DOLLARS $ 9,250.00 $ 9,250.00 $ 9,250.00 C. Checking and Inspection Fees: $1,975.00 ONE THOUSAND NINE HUNDRED SEVENTY-FIVE AND 00/100 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: TWO HUNDRED SEVEN AND 00/100 DOLLARS N/A $1,000.00 $ 207.00 G. One Year Power Cost: N/A H. Street Trees: By Developer N/A I. Map Checking Fee: N/A j. Park Fee: K. Water Main Reimbursement: N/A L. Maps and/or Improvement Plans: As specified in Item #23 of agreement