CC Resolution No. 06-089
RESOLUTION NO. 06-089
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF AN IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER, SING-CHUNG HU AND HSIEN-HSIEN DIANA
HU, TRUSTEE OF THE HU FAMILY REVOCABLE TRUST
10026 ORANGE AVENUE, APN 357-17-060
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Sing-Chung Hu and Hsien-Hsien Diana
Hu, trustee of the Hu Family Revocable Trust, for the installation of certain municipal
improvements at 10026 Orange Avenue 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 16th day of May, 2006, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
Lowenthal, Wang, Kwok, Sandoval
None
Mahoney
None
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City Clerk ~
APPROVED:
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Mayor, City of Cupertino
ATTEST:
Resolution No. 06-089
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Sing-Chung Hu and Hsien-Hsien Diana Hu, trustee of the Hu Family
Revocable Trust
LOCATION: 10026 Orange Avenue, APN 357-17-060
A. Faithful Performance Bond: $ 31,053.00
THIRTY-ONE THOUSAND FIFTY-THREE AND 00/100 DOLLARS
B. Labor and Material Bond: $ 31,053.00
THIRTY-ONE THOUSAND FIFTY-THREE AND 00/100 DOLLARS
C. Checking and Inspection Fees: $ 1,552.65
ONE THOUSAND FIVE HUNDRED FIFTY-TWO AND 65/100 DOLLARS
D. Development Maintenance Deposit $ 1,000.00
ONE THOUSAND AND 00/100 DOLLARS
E. Storm Drainage Fee: $ 387.25
THREE HUNDRED EIGHTY-SEVEN AND 25/100 DOLLARS
F.
One Year Power Cost:
THIRTY-SEVEN AND 50/100 DOLLARS
$ 37.50
G.
Map Checking Fee:
N/A
H.
Park Fee:
N/A
I.
Traffic/Transportation Requirement Fee
EIGHT THOUSAND AND 00/100 DOLLARS
$ 8,000.00