CC Resolution No. 00-026RESOLUTION NO. 00-026
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER FRANKLIN W. COBURN;
10300 STERLING BOULEVARD, APN 375-24-018
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Franklin W. Cobum, for the installation
of certain municipal improvements at 10300 Sterling Boulevard, 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: None
ABSENT: None
ABSTAIN: None
Burnett, Chang, James, Lowenthal, Statton
ATTEST:
/Mayor, City of Cupertino
Resolution No. 00-026
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Single Family Home
Franklin W. Coburn
LOCATION:
10300 Sterling Boulevard
A. Faithful Performance Bond: Off-site: $ 8,500.00
On-site: $ 1,500.00
EIGHT THOUSAND FIVE HUNDRED AND 00/100 DOLLARS
B. Labor and Material Bond:
EIGHT THOUSAND FIVE HUNDRED AND 00/100 DOLLARS
$ 8,500.00
C. Checking and Inspection Fees: $ 1,515.00
ONE THOUSAND FIVE HUNDRED FIFTEEN AND 00/100 DOLLARS
D. Indirect City Expenses:
N/A
E. Development Maintenance Deposit:
ONE THOUSAND AND 00/100 DOLLARS
$ 1,000.00
F. Storm Drainage Fee:
TWO HUNDRED FORTY-FIVE AND 10/100 DOLLARS
$ 245.10
G. One Year Power Cost:
SEVENTY-FIVE AND 00/100 DOLLARS
$ 75.00
H. Street Trees: By Developer
I. Map Checking Fee:
N/A
J. Park Fee: N/A
K. Water Main Reimbursement:
N/A
Maps and/or Improvement Plans: As specified in
Item #23 of agreement