CC Resolution No. 99-133RESOLUTION NO. 99-133
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER JIMMY FUNG;
21451 VAI AVENUE, APN 362-05-019
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Jimmy Fung, for the installation of
certain municipal improvements at 21451 Vai 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 17th day of May, 1999, by the following vote:
Vote
Members of the City Council
AYES: Burnett, Chang, Dean, James, Statton
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
City Clerk~-
APPROVED:
~ of Cupertino
Mayor, Cit3
Resolution No. 99-133
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Single Family Home
Jimmy Fung
LOCATION: 21451 Vai Avenue
A. Faithful Performance Bond: Off-site: $13,500.00
On-site: $ 6,200.00
THIRTEEN THOUSAND FIVE HUNDRED AND 00/100 DOLLARS
B. Labor and Material Bond: $13,500.00
THIRTEEN THOUSAND FIVE HUNDRED 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:
E. Development Maintenance Deposit:
ONE THOUSAND AND 00/100 DOLLARS
F. Storm Drainage Fee: Basin #2
G. One Year Power Cost:
SEVENTY-FIVE AND 00/100 DOLLARS
I.
J.
K.
L.
Street Trees:
Map Checking Fee:
Park Fee:
Water Main Reimbursement:
Maps and/or Improvement Plans:
N/A
$ 1,000.00
$ 450.00
$ 75.OO
By Developer
N/A
N/A
N/A
As specified in
Item #23 of agreement