CC Resolution No. 01-257RESOLUTION NO. 01-257
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION 0P IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER SHERMAN TUAN AND YUN ZHENG,
HUSBAND AND WIFE AS COMMUNITY PROPERTY, 20706 KIRWTN LANE,
APN 359-23-005
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Sherman Tuan and Yun Zheng,
Husband and Wife As Community Property, for the installation of certain municipal
improvements at 20706 Kirwin Lane 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 174 day of December, 2001, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
Lowenthal, Chang, James, Kwok, Sandoval
None
None
None
ATTEST:
City Clerk ~ -
PROVED: fO t]
Resolution No. 01-257
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT:
LOCATION:
Sherman Tuan And Yun Zheng, Husband And Wife As
Community Property
Single Family Homes
20706 Kirwin Lane, APN 359-23-005
A. Faithful Performance Bond: Off-site: $16,385.00
On-site: $19,500.00
SIXTEEN THOUSAND THREE HUNDRED EIGHTY-FIVE AND 00/100 DOLLARS
NINETEEN THOUSAND FIVE HUNDRED AND 00/100 DOLLARS
B. Labor and Material Bond: $16,385.00
On-site: $19,500.00
SIXTEEN THOUSAND THREE HUNDRED EIGHTY-FIVE AND 00/100 DOLLARS
NINETEEN THOUSAND FIVE HUNDRED AND 00/100 DOLLARS
C. Checking and Inspection Fees: $ 2,130.00
TWO THOUSAND ONE HUNDRED THIRTY AND 00/100 DOLLARS
D. Indirect City Expenses:
N/A
E. Development Maintenance Deposit:
ONE THOUSAND AND 00/100 DOLLARS
$ 1,000.00
F. Storm Drainage Fee:
FOUR HUNDRED FIFTY-FOUR AND 00/100 DOLLARS
$ 454.00
G. One Year Power Cost:
N/A
H. Street Trees: By Developer
I. Map Checking Fee: N/A
J. Park Fee: $15,750.00
FIFTEEN THOUSAND SEVEN HUNDRED FiFTY AND 00/100 DOLLARS
K. Water Main Reimbursement:
N/A
Maps and/or Improvement Plans:
As specified in
Item #23 of agreement