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101-Draft Resolution.pdfRESOLUTION NO. 11- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF AN IMPROVEMENT AGREEMENT BETWEEN THE CITY AND DEVELOPER, CHIH-HUI TUNG, 10215 ALHAMBRA AVENUE, APN 326-23-042 AND 326-23-043 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Chih-Hui Tung, for the installation of certain municipal improvements at 10215 Alhambra Avenue, and said agreement having been approved by the City Attorney, and Developer 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 6th day of September, 2011, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: ATTEST: APPROVED: _________________________ ________________________ Kimberly Smith, City Clerk Gilbert Wong, Mayor, City of Cupertino Resolution No. 11- Page 2 EXHIBIT “A” SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPER: CHIH-HUI TUNG LOCATION: 10215 ALHAMBRA AVENUE, APN 326-23-042 & 326-23-043 PART A Faithful Performance Bond: $ 9,775.00 110 2211 PART B Labor and Material Bond: $ 9,775.00 110 2211 PART C Checking and Inspection Fee: $ 2,468.00 110 4538 PART D Development Maintenance Deposit: $ 1,000.00 110 2211 PART E Storm Drainage Fee – Basin 3 $ 338.79 215 4073 PART F Street Light - One-Year Power Cost: N/A 110 4537 PART G Lot Line Adjustment Fee: $ 2,746.00 110 4539 PART H Park Fee - ZONE III N/A 280 4083 PART I Reimbursement Fee: N/A