Loading...
CC Resolution No. 00-051- RESOLUTION NO. 00-051 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER DAISY LOH; 10391 STERLING BOULEVARD, APN 375-26-059 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Daisy Loh, for the installation of certain municipal improvements at 10391 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 7th day of February, 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 Mayor, Cltty of Cupertino Resolution No. 00-051 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Home Daisy Loh LOCATION: 10391 Sterling Boulevard A. Faithful Performance Bond: Off-site: $16,000.00 On-site: $ 6,500.00 SIXTEEN THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: $16,000.00 SIXTEEN 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: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #3 TWO HUNDRED TWENTY 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 $ 220.00 $ 75.00 By Developer N/A N/A N/A As specified in Item #23 of agreement