CC Resolution No. 10-130 Execution of Improvement Agreement, Stephen Fung, Jimmy Tse-Min Fung, Liling Wang, 21900 Alcazar Avenue, APN 357-14-034RESOLUTION NO. 10 -130
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING
EXECUTION OF AN IMPROVEMENT AGREEMENT BETWEEN THE CITY AND
DEVELOPERS, STEPHEN FUNG, JIMMY TSE -MIN FUNG AND LILING WANG,
21900 ALCAZAR AVENUE, APN 357 -14 -034
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developers, Stephen Fung, Jimmy Tse -Min Fung
and Liling Wang, for the installation of certain municipal improvements at 21900 Alcazar
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 20th day of July, 2010, by the following vote:
Vote Members of the City Council
AYES:
Wang, Chang, Mahoney, Santoro
NOES:
None
ABSENT:
Wong
ABSTAIN:
None
ATTEST:
Glklcic L� /`jj—
City Clerk
APPROVED:
Resolution No. 10 -130
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPER: Stephen Fung, Jimmy Tse -Min Fung and Liling Wang
LOCATION: 21900 Alcazar Avenue, APIA 357 -14 -034
PART
A
Faithful Performance Bond:
$ 10,626.00
1102211
PART
B
Labor and Material Bond:
$ 10,626.00
1102211
PART
C.
Checking and Inspection Fee:
$ 2,468.00
1104538
PART
D.
Development Maintenance Deposit:
$ 1,000.00
1102211
PART
E.
Storm Drainage Fee — Basin 3:
$ 254.50
215.4073
PART
F.
Street Light - One -Year Power Cost:
N/A
1104537
PART
G.
Map Checking Fee:
N/A
1104539
PART
H.
Park Fee - ZONE III:
N/A
2804083
PART
1.
Reimbursement Fee:
N/A