18c. 22245 Cupertino Rd. Imp. Agrmnt.RESOLUTION N0.08-104 ~~T
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF AN IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER, ANNA F. NG,
22245 CUPERTINO ROAD, APN 326-16-035
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Anna F. NG, 22245 Cupertino Road,
APN 32b-1 b-03 5, 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 August 2008, by the following vote:
Vote Members of the C~ Council
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
City Clerk
APPROVED:
Mayor, City of Cupertino
18c-1
Resolution No. 08-104
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Anna F. NG
LOCATION: 22245 Cupertino Road, APN 326-16-035
A. Faithful Performance Bond: $ 20,332.00
TWENTY-THOUSAND THREE HUNDRED THIRTY-TWO AND 00/100 DOLLARS
B. Labor and Material Bond: $ 20.332.00
TWENTY-THOUSAND THREE HUNDRED THIRTY-TWO AND 00/100 DOLLARS
C. Checking and Inspection Fee: $ 2,304.00
TWO THOUSAND THREE-HUNDRED FOUR AND 00/100 DOLLARS
D. Development Maintenance Deposit: $ 2,000.00
TWO THOUSAND AND 00/100 DOLLARS
E. Storm Drainage Fee: Basin 2 $ 296.39
TWO HUNDRED NINETY-SIX AND 39/100 DOLLARS
F. Street Light -One-Year Power Cost: N/A
G. Map Checking Fee: N/A
H. Park Fee: ZONE II N/A
I. Reimbursement Fee N/A
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