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09. 21820 Lomita Ave Improv. Agrmnt. DRAFT RESOLUTION NO. 06-162 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF A RESOLUTION APPROVING AN IMPROVEMENT AGREEMENT WITH CALVIN NG AND HONG-HIM LIM, HUSBAND AND WIFE AS COMMUNITY PROPERTY WITH RIGHT OF SURVIVORSHIP, 21820 LOMITA AVENUE, APN 367-15-008 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Calvin Ng and Hong-Him Lim, husband and wife as community property with right of survivorship, 21820 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 3rd day of October 2006, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: ATTEST: APPROVED: City Clerk Mayor, City of Cupertino 1-1 Resolution No, 06-162 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Calvin Ng and Hong-Him, husband and wife as community property with right of survivorship, LOCATION: 21820 LomitaAvenue, APN 367-15-008 A. Faithful Performance Bond: $ 4295.00 FOUR THOUSAND TWO-HUNDRED NINETY-FIVE AND 00/100 DOLLARS B. Labor and Material Bond: $ 4295.00 FOUR THOUSAND TWO-HUNDRED NINETY-FIVE AND 00/100 DOLLARS C, Checking and Inspection Fee: $ 1,194.00 ONE THOUSAND ONE HUNDRED NINETY -FOUR AND 00/1 00 DOLLARS D, Development Maintenance Deposit: $ 1,000.00 ONE THOUSAND AND 00/1 00 DOLLARS E. Storm Drainage Fee: Basin 2 $ 134.88 ONE HUNDRED THIRTY-FOUR AND 88/100 F. Street Light - One-Year Power Cost: N/A G, Map Checking Fee N/A H, Park Fee: Zone II N/A I. Reimbursement Fee N/A 1-2.