CC Resolution No. 09-041 Improvement Agreement , Jie MeiRESOLUTIOrv N0.09-041
A RESOLUTION OF THE CITY COUI\"CIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF AN IMPROVEMENT AGREEMENT BETWEEN THE
CITY AND DEVELOPER JIE MEI, 10170 PENINSULA AVENUE, APN 326-22-038
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and Developer Jie Mei, 10170 Peninsula Avenue, APN
326-22-038 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 17th day of March, 2009, by the following vote:
Vote Members of the C~ Council
AYES: Mahoney, Sandoval, Santoro, Wang, Wong
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: APPROVED:
City Clerk
_;
/' / ~~
Mayor, City of Cupertino
Resolution No. 09-041
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPER: JIE MEI
LOCATION: 10170 PENINSULA AVETfUE, APN 326-22-038
A. Faithful Performance Bond: $ 10,847.00
TEN THOUSAND EIGHT HUNDRED FORTY-;iEVEN AND 00/100 DOLLARS
B. Labor and Material Bond: $ 10,847.00
TEN THOUSAND EIGHT HUNDRED FORTY-:iEVEN AND 00/100 DOLLARS
C. Checking and Inspection Fee: $ 2,385.00
TWO THOUSAND THREE-HUNDRED EIGHT'-'-FIVE AND 00/100 DOLLARS
D. Development Maintenance Deposit:
TWO THOUSAND AND 00/100 DOLLARS
$ 2,000.00
E. Storm Drainage Fee: Basin 2 $189.59
ONE HUNDRED EIGHTY-NINE AND 59/100 DOLLARS
F. Street Light -One-Year Power Cost: N/A
G. Map Checking Fee: N/A
H. Park Fee: ZONE III N/A
I. Reimbursement Fee N/A