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CC Resolution No. 08-104 Ng Imp. Agrmnt.RESOLUTION NO. 08-104 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 326-16-035, 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 City Council AYES: Sandoval, Mahoney, Santoro, Wang, Wong NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: 6'~~.F,~3C1iti.1~,G~-1 City Clerk ~~ _ --- .~ } ~~ t Mayor, City o Cupertino 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 00/10 0 DOLLARS B. Labor and Material Bond: $ 20.332.00 TWENTY-THOUSAND THREE HUNDRED THIRTY-TWO AND 00/10 0 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