CC Resolution No. 03-192RESOLUTION NO. 03-192
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER HEUNG SER PARK, A SINGLE MAN,
10823 MERCEDES ROAD, APN 342-22-044
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Heung Ser Park, a single man, for the
installation of certain municipal improvements at 10823 Memedes Road and said agreement
having been approved by the City Attorney, and Developer 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 October, 2003, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
Chang, James, Lowenthal, Kwok, Sandoval
None
None
None
Mayor, City of Cupertino
Resolution No. 03-192
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Heung Ser Park
LOCATION: 10823 Mercedes Road
A. Faithful Performance Bond: $ 20,510.00
TWENTY THOUSAND FIVE HUNDRED AND TEN AND 00/100 DOLLARS
B. Labor and Material Bond: $ 20,510.00
TWENTY THOUSAND FIVE HUNDRED AND TEN AND 00/100 DOLLARS
C. Checking and Inspection Fees: $ 2,385
TWO THOUSAND THREE HUNDRED EIGHTY FIVE AND 00/100 DOLLARS
D. Development Maintenance Deposit: $1,000
ONE THOUSAND AND 00/100 DOLLARS
E. Storm Drainage Fee: Basin 2 $ 364.91
THREE HUNDRED SIXTY FOUR AND 91/100 DOLLARS
F. One Year Power Cost: N/A
110-4537
G. Street Trees: N/A
H. Map Checking Fee: N/A
110-4539
I. ParkFee: ZONE II $15,750
ACCT #: 280-4082
Water Main Reimbursement:
110-4554
Maps and/or Improvement Plans:
As Specified in Item #21
J. N/A
BY DEVELOPER