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CC Resolution No. 00-025RESOLUTION NO. 00-025 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS JYH HORNG YINN AND CH1UNG CHU YIN WEI; 10120 CAMINO VISTA DRIVE, APN 342-14-064 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Jyh Homg Yinn and Chiung Chu Yin Wei, for the installation of certain municipal improvements at 10120 Camino Vista Drive 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 January, 2000, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Burnett, Chang, James, Lowenthal, Statton None None None ATTEST: City Clerk (7< Resolution No. 00-025 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Home Jyh Homg Yinn and Chiung Chu Yin Wei LOCATION: 10120 Camino Vista Drive A. Faithful Performance Bond: Off-site: $11,500.00 On-site: $ 9,000.00 ELEVEN THOUSAND FIVE HUNDRED AND 00/100 DOLLARS B. Labor and Material Bond: $11,500.00 ELEVEN 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 Exp~nses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: TWO HUNDRED SEVENTY-FIVE AND 00/100 DOLLARS H. I. J. K. L. One Year Power Cost: Street Trees: Map Checking Fee: Park Fee: Water Main Reimbursement: Maps and/or Improvement Plans: N/A $ 1,000.00 $ 275.00 N/A By Developer N/A N/A N/A As specified in Item #23 of agreement