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CC Resolution No. 01-103RESOLUTION NO. 01-103 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS CHIAO-FU CHANG AND SUE-FAY L. CHANG 21730 ALCAZAR AVENUE, APN 357-19-012 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developers, Chiao-Fu Chang and Sue-Fay L. Chang, for the installation of certain municipal improvements at 21730 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 7 day of May, 2001, by the following vote: Vote Members of the City Council AYES: Bumett, Chang, James, Lowenthal NOES: None ABSENT: None ABSTAIN: None ATTEST: City Clerk ayor, ~2ity Of C~pe~ - Resolution No. 01-103 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Chiao-Fu Chang and Sue-Fay L. Chang LOCATION: 21730 Alcazar Avenue A. Faithful Performance Bond: Off-site: On-site: EIGHT THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: Off-site: On-site: EIGHT THOUSAND AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 8,000.00 $ 3,000.00 $ 8,000.00 $ 3,000.00 D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin 2 TWO HUNDRED THIRTY SIX 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 $ 236.00 N/A By Developer N/A N/A N/A As Specified in Item #23 ONE THOUSAND NINE HUNDRED SEVENTY FIVE AND 00/100 DOLLARS $1,975