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CC Resolution No. 06-131 RESOLUTION NO. 06-131 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPERS YUN KEI TSANG AND SAW HOON GOH, HUSBAND AND WIFE AS COMMUNITY PROPERTY WITH RIGHTS OF SURVIVORSHIP, 21708 ALCAZAR AVENUE, APN 357-19-014 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Yun Kei Tsang and Saw Hoon Goh, husband and wife as community property with rights of survivorship, for the installation of certain municipal improvements at 21708 Alcazar 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 18th day of July 2006, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Lowenthal, Wang, K wok, Mahoney None Sandoval None ATTEST: . ~~~ City Clerk ~tPp~ ~i( Jr, City of Cupertino Resolution No. 06-131 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Yun Kei Tsang and Saw Hoon Goh, husband and wife as community property with rights of survivorship LOCATION: 21708 Alcazar Avenue A. Faithful Performance Bond: NINE THOUSAND FIVE HUNDRED AND 00/100 DOLLARS $ 9,500.00 B. Labor and Material Bond: NINE THOUSAND FIVE HUNDRED AND 00/1 00 DOLLARS $ 9,500.00 C. Checking and Inspection Fees: $ 2,130.00 TWO THOUSAND ONE HUNDRED THIRTY AND 00/100 DOLLARS D. Development Maintenance Deposit: ONE THOUSAND AND 001100 DOLLARS $ 1,000.00 E. Storm Drainage Fee: Basin 2 TWO HUNDRED THIRTY-THREE AND 47/100 DOLLARS $ 233.47 F. Street Light - One Year Power Cost: N/A G. Map Checking Fee: N/A H. Park Fee: ZONE II N/A