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CC Resolution No. 99-108RESOLUTION NO. 99-108 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER THOMAS D. AND STEPHANIE L. DOWNEY, 10192 PENINSULA AVENUE, APN 326-22-023 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Thomas D. and Stephanie L. Downey, for the installation of certain municipal improvements at 10192 Peninsula 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 19th day of April, 1999, by the following vote: Vote Members o_fthe City Council AYES: BURNETT, DEAN, STATTON, CHANG NOES: NONE ABSENT: JAMES ABSTAIN: NONE ATTEST: C APPROVED: Mayor, City o~ Cuc'~fiiho - Resolution No. 99-108 Page 2 DEVELOPMENT: LOCATION: A. Faithful Performance Bond: THREE THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: THREE THOUSAND AND 00/100 DOLLARS C. Checking and Inspection Fees: EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS Home Remodeling Thomas D. and Stephanie L. Downey 10192 Peninsula Avenue, APN 326-22-023 $ 3,000.00 $ 3,000.00 $1,975.00 ONE THOUSAND NINE HUNDRED SEVENTY-FIVE AND 00/100 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: FIVE HUNDRED AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #2 ONE HUNDRED FORTY-EIGHT AND 00/100 DOLLARS N/A $ 5O0.OO $ 148.00 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