18a. 10630 Linnet Ln Imp. Agrmnt.DRAFP
RESOLUTION N0.08-102
A RESOLUTION OF THE CITY, COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF AN IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER, SAMEENA BAIG,
10630 LINNET LANE, APN 326-47-017
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer Sameena Baig, 10630 Linnet Lane, APN
326-47-017, 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 Sth day of August 2008, by the following vote:
Vote Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
City Clerk
APPROVED:
Mayor, City of Cupertino
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Resolution No. 08-102
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Sameena Baig
LOCATION: 10630 Linnet Lane, APN 326-47-017
A. Faithful Performance Bond: ~ $62,491.00
SIXTY-TWO THOUSAND FOUR HUNDRED NINETY-ONE AND 00/100 DOLLARS
B. Labor and Material Bond: $62,491.00
SIXTY-TWO THOUSAND FOUR HUNDRED NINETY-ONE AND 00/100 DOLLARS
C. Checking and Inspection Fee: ~ $2,124.55
TWO THOUSAND ONE-HUNDRED TWENTY-FOUR AND 55/100 DOLLARS
D. Development Maintenance Deposit: $ 1,000.00
ONE THOUSAND AND 00/100 DOLLARS
E. Storm Drainage Fee: Basin 2 $ 670:80
SIX HUNDRED SEVENTY AND 80/100 DOLLARS
F. Street Light -One-Year Power Cost:
N/A
G. Map Checking Fee:_ Paid
H. Park Fee: ZONE II $47,250.00
FORTY-SEVEN THOUSAND TWO-HUNDRED FIFTY AND 00/100 DOLLARS
i. Reimbursement Fee
N/A
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