CC Resolution No. 00-231RESOLUTION NO. 00-231
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPERS SHEN-WEI SHIAO AND TAI-YI SHIAO,
21799 ALMADEN AVENUE, APN 357-15-092
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developers, Shen-Wei Shiao and Tai-Yi Shiao, for
the installation of certain municipal improvements at 21799 Almaden Avenue and said
agreement having been approved by the City Attorney, and Developers 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 5th day of September, 2000, by the following vote:
Vote
Members of the City Council
AYE S:
NOES: None
ABSENT: None
ABSTAIN: None
~y' Clerk/~-~'o.~ -
Burnett, Chang, James, Lowenthal, Statton
Resolution No. 00-231
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Shen-Wei Shiao and Tai-Yi Shiao
LOCATION: 21799 Almaden Avenue, APN 357-15-092
A. Faithful Performance Bond:
TWENTY THOUSAND AND 00/100 DOLLARS
B. Labor and Material Bond:
TWENTY THOUSAND AND 00/100 DOLLARS
$ 20,000.00
$ 20,000.00
I.
J.
K.
L.
Street Trees:
Map Checking Fee:
Park Fee:
Water Main Reimbursement:
Maps and/or Improvement Plans:
N/A
$ 1,000.00
N/A
$ 75.00
By Developer
N/A
N/A
N/A
As specified in
Item #23 of agreement
D. Indirect City Expenses:
E. Development Maintenance Deposit:
ONE THOUSAND AND 00/100 DOLLARS
F. Storm Drainage Fee:
G. One Year Power Cost:
S EVENTY-FIVE AND 00/100 DOLLARS
C. Checking and Inspection Fees: $ 1,975.00
ONE THOUSAND NiNE HUNDRED SEVENTY-FIVE AND 00/100 DOLLARS