CC Resolution No. 99-219RESOLUTION NO. 99-219
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER Y R DEV LLC, A CALIFORNIA
LIMITED LIABILITY COMPANY; 10675 SANTA LUCIA ROAD,
APN 342-17-055
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Y R Dev LLC, a California Limited
Liability Company, for the installation of certain municipal improvements at 10675 Santa Lucia
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 19~h day of July, 1999, by the following vote:
Vote
Members of the City Council
AYES: Burnett, Chang, James, Statton, Dean
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
City Clerk J
Mayor, City olCupertino
- Resolution No. 99-219
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
Single Family Home
Y R Dev LLC, a California Limited Liability Company
DEVELOPMENT:
LOCATION:
10675 Santa Lucia Road
A. Faithful Performance Bond:
NiNETEEN THOUSAND AND 00/100 DOLLARS
B. Labor and Material Bond:
NINETEEN THOUSAND AND 00/100 DOLLARS
C. Checking and Inspection Fees:
Off-site: $19,000.00
On-site: $ 20,000.00
$19,000.00
$ 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: Basin #3 $ 264.00
TWO HUNDRED SIXTY-FOUR AND 00/I00 DOLLARS
G. One Year Power Cost: $ 75.00
SEVENTY-FIVE AND 00/100 DOLLARS
H. Street Trees:
I. Map Checking Fee:
J. Park Fee:
FIFTEEN THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS
K. Water Main Reimbursement:
L.. Maps and/or Improvement Plans:
By Developer
N/A
$15,750.00
N/A
As specified in
Item #23 of agreement