CC Resolution No. 9781- RESOLUTION NO. 9781
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
APPROVING FINAL PLAN FOR THE IMPROVEMENT OF FRONTAGE
LOCATED AT 10036 PENINSULA AVENUE; DEVELOPER, LILY
CHANG, INC., AUTHORIZING THE CITY ENGINEER TO SIGN
THE FINAL PLAN AND AUTHORIZING EXECUTION OF AGREEMENT
IN CONNECTION THEREWITH
WHEREAS, there has been presented to the City Council for approval of the final
plan for the improvement of street frontage at 10036 Peninsula Avenue by Lily Chang,
Inc.; and
WHEREAS, there has been presented to the City Council a proposed agreement
for the construction of streets, curbs, gutters, sidewalks, and for other improvements, and
good and sufficient bonds, fees, and deposits as set forth in Exhibit "A" having been
presented for the faithful performance of said work and the carrying out of said
agreement; and said plan, agreement, and bonds having been approved by the City
Attorney;
NOW, THEREFORE, BE IT RESOLVED THAT said final plan for the
improvement of street frontage at 10036 Peninsula Avenue be and the same is, hereby
approved; and the City Engineer is hereby authorized to sign said final plan; and the
Mayor and the City Clerk are hereby authorized to execute the agreement herein referred
to on behalf of the City of Cupertino.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 3rd day of February, 1997, by the following vote:
Vote
Members _q_f the City Council
AYES: Burnett,
NOES: None
ABSENT: None
ABSTAIN: None
Chang, Dean, Sorensen, Bautista
ATTEST:.
Ci~
APPROVED:
Resolution No. 9781
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Single-Family Homes
Lily Chang, Inc.
LOCATION: 10036 Peninsula Avenue
A. Faithful Performance Bond: $ 21,700.00
TWENTY-ONE THOUSAND SEVEN HUNDRED & 00/100 DOLLARS
B. Labor & Material Bond: $ 21,700.00
TWENTY-ONE THOUSAND SEVEN HUNDRED & 00/100 DOLLARS
C. Checking & Inspection Fees: $ 1,744.00
ONE THOUSAND SEVEN HUNDRED FORTY-FOUR & 00/100 DOLLARS
D. Indirect City Expenses: N/A
E. Development Maintenance Deposit: $ 3,000.00
THREE THOUSAND & 00/100 DOLLARS
F. Storm Drainage Fee: Basin #3 $ 1,000.00
ONE THOUSAND & 00/100 DOLLARS
G. One Year Power Cost: $ 236.14
TWO HUNDRED THIRTY-SIX & 14/100 DOLLARS
H. Street Trees: By Developer
I. Map Checking Fee: N/A
J. Park Fee: Zone I $15,750.00
Acct # 480-416-011
FIFTEEN THOUSAND SEVEN HUNDRED FIFTY AND & 00/100 DOLLARS
K. Water Main Reimbursement: $ 1,928.70
ONE THOUSAND NINE HUNDRED TWENTY-EIGHT & 70/100 DOLLARS
L. Maps &/or Improvement Plans: As specified in
Item #23 of agreement