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CC Resolution No. 9831RESOLUTION NO. 9831 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER, LIANG LEE; 21812 LOMITA AVENUE, APN 357-15-009 WHEREAS, there has been presented to the City Council, a proposed improvement agreement between the City of Cupertino and developer, Liang Lee, for the installation of certain municipal improvements at 21812 Lomita Avenue, 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 5th day of May, 1997, by the following vote: VQte Members of the City Council AYES: Burnett, Chang, NOES: None ABSENT: None ABSTAIN: None Dean, Sorensen, Bautista ATTEST: City Clerk APPROVED: )7or, City'of ~upe~tino Resolution No. 9831 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single-Family Dwelling Liang Lee · LOCATION: 21812 Lomita Avenue A. Faithful Performance Bond: $11,500.00 ELEVEN THOUSAND FIVE HUNDRED AND 00/100 DOLLARS B. Labor and Material Bond: $11,500.00 ELEVEN THOUSAND FIVE HUNDRED AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 266.00 TWO HUNDRED SIXTY-SIX AND 00/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: $ 500.00 FIVE HUNDRED AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #3 $ 135.00 ONE HUNDRED THIRTY-FIVE AND 00/100 DOLLARS G. One Year Power Cost: $ 75.00 SEVENTY-FIVE AND 00/100 DOLLARS H. Street Trees: By Developer I. Map Checking Fee: N/A J. Park Fee: Zone II N/A Acct # 480-416-011 K. Water Main Reimbursement: $1,125.00 ONE THOUSAND ONE HUNDRED TWENTY-FIVE AND 00/100 DOLLARS L. Maps and/or Improvement Plans: As specified in Item #23 of agreement