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101-Resolution.pdf RESOLUTIONNO.11- ARESOLUTIONOFTHECITYCOUNCILOF THECITYOFCUPERTINO AUTHORIZINGEXECUTIONOFANDEVELOPMENTAGREEMENTBETWEENTHE CITYANDDEVELOPER,MIMI TSUI, 10292ORANGEAVENUE,APN 357-19-030 WHEREAS,therehasbeenpresentedtotheCityCouncilaproposeddevelopment agreementbetweentheCityofCupertinoanddeveloper,MimiTsui,fortheinstallationof certainmunicipalimprovementsat10292OrangeAvenue,andsaidagreementhavingbeen approvedbytheCityAttorney,andDeveloperhavingpaidthefeesasoutlinedintheattached ExhibitA; NOW,THEREFORE,BEITRESOLVEDTHATtheMayorandtheCityClerkare herebyauthorizedto signtheaforementionedagreement on behalfoftheCity ofCupertino. PASSEDANDADOPTEDataregularmeetingoftheCityCounciloftheCityof Cupertinothis 5th day ofApril, 2011, bythefollowing vote: VoteMembers oftheCityCouncil AYES: NOES: ABSENT: ABSTAIN: ATTEST:APPROVED: _________________________________________________ CityClerkMayor,City ofCupertino ResolutionNo. 11- Page2 EXHIBIT“A” SCHEDULEOFBOND,FEES,ANDDEPOSITS DEVELOPERS:MIMITSUI LOCATION:10292ORANGEAVENUE,APN 357-19-030 PARTAFaithfulPerformanceBond:$ 15,000.00 110 2211 PARTBLaborand MaterialBond:$ 15,000.00 110 2211 PARTC.CheckingandInspectionFee:$ 2,468.00 110 4538 PARTD.Development MaintenanceDeposit:$ 1,000.00 110 2211 PART E.StormDrainageFee –Basin 3$ 185.98 215 4072 PARTF.StreetLight-One-YearPowerCost:N/A 110 4537 PARTG.MapCheckingFee:N/A 110 4539 PARTH.ParkFee-ZONEIIN/A 280 4082 PARTI.ReimbursementFee:N/A