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101-Resolution.pdf
RESOLUTIONNO.11- ARESOLUTIONOFTHECITYCOUNCILOF THECITYOFCUPERTINO AUTHORIZING EXECUTIONOFANDEVELOPMENTAGREEMENTBETWEEN THE CITYANDDEVELOPERS,JERRYJIN-TZONGLIUANDJENNIFERFANGFANG, 21835LOMITAAVENUE,APN 357-16-063 WHEREAS,therehasbeenpresentedtotheCityCouncilaproposeddevelopment agreementbetweentheCityofCupertinoanddevelopers,JerryJin-TzongLiuandJenniferFang Fang,fortheinstallationofcertainmunicipalimprovementsat21835LomitaAvenue,andsaid agreementhavingbeenapprovedbytheCityAttorney,andDevelopershavingpaidthefeesas outlinedintheattachedExhibitA; 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:JERRYJIN-TZONGLIUANDJENNIFERFANGFANG LOCATION:21835LOMITAAVENUE,APN 357-16-063 PARTAFaithfulPerformanceBond:$ 4,277.00 110 2211 PARTBLaborand MaterialBond:$ 4,277.00 110 2211 PARTC.CheckingandInspectionFee:$ 2,468.00 110 4538 PARTD.Development MaintenanceDeposit:$ 1,000.00 110 2211 PART E.StormDrainageFee –Basin 2$ 229.98 215 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