CC Resolution No. 99-295RESOLUTION NO. 99-295
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER GREGORY L. PRICE AND JOAN PRICE;
18671 STARRETT COURT, APN 375-26-023
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developers, Gregory L. Price and Joan Price, for
the installation of certain municipal improvements at 18671 Starrett Court 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 18~ day of October, 1999, by the following vote:
Vote
Members of the. City Council
AYES: Bumett, Chang, Dean, James, Statton
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
City Clerk
APPROVED:
Resolution No. 99-295
Page 2
DEVELOPMENT:
LOCATION:
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
Single-Family Home
Gregory L. Price and Joan Price
18671 Starrett Court
A. Faithful Performance Bond: Off-site: $10,000.00
On-site: $ 3,500.00
TEN THOUSAND AND 00/100 DOLLARS
B. Labor and Material Bond: $10,000.00
TEN 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: $ 500.00
FIVE HUNDRED AND 00/100 DOLLARS
F. Storm Drainage Fee: Basin #3 $ 207.00
TWO HUNDRED SEVEN AND 00/100 DOLLARS
G. One Year Power Cost: $ 75.00
SEVENTY-FIVE AND 00/100 DOLLARS
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