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CC Resolution No. 00-049RESOLUTION NO. 00-049 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND CHI-YEN LIN AND MENG-YIN LEE LIN, 21925 ALMADEN AVENUE, APN 357-15-022 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Chi-Yen Lin and Meng-Yin Lee Lin, for the installation of certain municipal improvements at 21925 Almaden 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 7~ day of February, 2000, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: None ABSTAIN: None Burnett, Chang, James, Lowenthal, Statton None ATTEST: City'Clerk - Resolution No. 00-049 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Home Chi-Yen Lin and Meng-Yin Lee Lin LOCATION: 21925 Almaden Avenue A. Faithful Performance Bond: TEN THOUSAND AND 00/100 DOLLARS Off-site: $10,000.00 On-site: $ 8,000.00 B. Labor and Material Bond: TEN THOUSAND AND 00/100 DOLLARS $10,000.00 D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #3 THREE HUNDRED TWENTY-FOUR AND 00/100 DOLLARS 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 $ 324.00 $ 75.00 By Developer N/A N/A N/A As specified in Item #23 of agreement C. Checking and Inspection Fees: $ 1,975.00 ONE THOUSAND NINE HUNDRED SEVENTY-FIVE AND 00/100 DOLLARS