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CC Resolution No. 01-059- RESOLUTION NO. 01- o~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS PEIZHENG ZHANG AND XIAO-BAI GU; 21905 SAN FERNANDO AVENUE, APN 357-15-046 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Peizhen Zhang and Xiao-Bai Gu, for the installation of certain municipal improvements at 21905 San Fernando 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 5t~ day of March, 2001, by the following vote: Vote Members of the City Council AYES: Burnett, Chang, James, Lowenthal NOES: None ABSENT: None ABSTAIN: None ATTEST: Ci~ APPROVED: ~l~.~oi-~- ~ity of ~in0 -- Resolution No. 01-059 Page 2 EXHIBIT "A' SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Peizhen Zhang and Xiao-Bai Gu LOCATION: 21905 San Femando Avenue A. Faithful Performance Bond: THIRTEEN THOUSAND AND 00/100 DOLLARS Off-site: $13,000.00 B. Labor and Material Bond: THIRTEEN THOUSAND AND 00/100 DOLLARS Off-site: $13,000.00 C. Checking and Inspection Fees: $1,975.00 ONE THOUSAND NINE HUNDRED AND SEVENTY FIVE 00/100 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin 2 TWO HUNDRED THIRTEEN AND 00/100 DOLLARS H. I. J. K. L. One Year Power Cost: Street Trees: Map Checking Fee: Park Fee: ZONE I Water Main Reimbursement: Maps and/or Improvement Plans: N/A $1,000.00 $213.00 N/A N/A N/A N/A N/A By Developers RESOLUTION NO. 01- o59 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS PEIZHENG ZHANG AND XIAO-BAI GU; 21905 SAN FERNANDO AVENUE, APN 357-15-046 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Peizhen Zhang and Xiao-Bai Gu, for the installation of certain municipal improvements at 21905 San Femando 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 March, 2001, by the following vote: Vote Members of the City Council AYES: Burnett, Chang, James, Lowenthal NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: ~4~t~-o~ ~ity of ~1~in0 - Resolution No. 01-059 Page 2 EXHiBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Peizhen Zhang and Xiao-Bai Gu LOCATION: 21905 San Femando Avenue A. Faithful Performance Bond: Off-site: THIRTEEN THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: Off-site: THIRTEEN THOUSAND AND 00/100 DOLLARS C. Checking and Inspection Fees: $1,975.00 ONE THOUSAND NINE HUNDRED AND SEVENTY FIVE 00/100 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin 2 TWO HUNDRED THIRTEEN AND 00/100 DOLLARS H. I. J. K. L. One Year Power Cost: Street Trees: Map Checking Fee: Park Fee: ZONE I Water Main Reimbursement: Maps and/or Improvement Plans: $13,000.00 $13,000.00 N/A N/A N/A N/A N/A By Developers $213.00 N/A $1,000.00