Loading...
CC Resolution No. 06-112 RESOLUTION NO. 06-112 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF A RESOLUTION APPROVING AN IMPROVEMENT AGREEMENT WITH LUMIN S. CHANG AND LI SHING CHANG, WIFE AND HUSBAND AS COMMUNITY PROPERTY WITH RIGHT OF SURVIVORSHIP, 21915 LOMITA AVENUE, APN 357-16-068 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Lumin S. Chang and Li Shing Chang, wife and husband as community property with right of survivorship, for the installation of certain municipal improvements at 21915 Lomita 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 20th day of June 2006, by the following vote: Vote AYES: NOES: ABSENT: ABSTAIN: Members of the City Council Lowenthal, Wang, Kwok, Mahoney, Sandoval None None None ATTEST: APPROVED: ~ Mayor, City of Cupertino Resolution No. 06-112 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Lumin S. Chang and Li Shing Chang, wife and husband as community property with right of survivorship LOCATION: 21915 Lomita Avenue, APN 357-16-068 A. Faithful Performance Bond: $ 3,384.00 THREE THOUSAND THREE HUDNRED EIGHTY -FOUR AND 00/1 00 DOLLARS B. Labor and Material Bond: $ 3,384.00 THREE THOUSAND THREE HUDNRED EIGHTY -FOUR AND 00/100 DOLLARS C. Checking and Inspection Fee: TWO THOUSAND ONE HUNDRED THIRTY AND 00/100 DOLLARS $ 2,130.00 D. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS $ 1,000.00 E. Storm Drainage Fee: Basin 2 THREE HUNDRED SIXTY -ONE AND 51/100 $ 361.51 F. Street Light - One-Year Power Cost: NIA G. Map Checking Fee: NIA H. Park Fee: ZONE II NIA