10. Imprvmnt. Agrmnt. De Palma Lane
DRAFT
RESOLUTION NO. 07-036
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPERS FELICIA CHOW, AN UNMARRIED
WOMAN AND JOYCE CHOW, AN UNMARRIED WOMAN, AS JOINT TENANTS, AS TO
AN UNDIVIDED 95% INTEREST AND SU YONG LAW AND FRANKIE KAN YIN LAW,
WIFE AND HUSBAND, AS COMMUNITY PROPERTY WITH RIGHT OF SURVIVORSHIP,
AS TO AN UNDIVIDED 5% INTEREST, ALL AS TENANTS IN COMMON (20055 DE
P ALMA LANE); AND SU YONG LAW AND FRANKIE KAN YIN LAW, WIFE AND
HUSBAND, AS COMMUNITY PROPERTY WITH RIGHT OF SURVIVORSHIP, AS TO AN
UNDIVIDED 95% INTEREST AND JOYCE CHOW, AN UNMARRIED WOMAN, AS JOINT
TENANTS, AS TO AN UNDIVIDED 5% INTEREST, ALL AS TENANTS IN COMMON
(20065 DE PALMA LANE) APN (s) 369-32-006 and 369-32-039
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developers, Felicia Chow, an unmarried woman
and Joyce Chow, an unmarried woman, as Joint Tenants, as to an undivided 95% interest and Su
Yong Law and Frankie Kan Yin Law, wife and husband, as Community Property with Right of
Survivorship, as to an undivided 5% interest, all as Tenants in Common (20055 De Palma Lane);
and Su Yong Law and Frankie Kan Yin Law, wife and husband, as Community Property with
Right of Survivorship, as to an undivided 95% interest and Joyce Chow, an unmarried woman, as
Joint Tenants, as to an undivided 5% interest, all as Tenants in Common (20065 De Palma Lane),
for the installation of certain municipal improvements at 20055 and 20065 De Palma Lane 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 6th day of March, 2007, by the following vote:
V ote Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
APPROVED:
City Clerk
Mayor, City of Cupertino
/o-{
Resolution No. 07-036
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Felicia Chow, an unmarried woman and Joyce .Chow, an unmarried
woman, as Joint Tenants, as to an undivided 95% interest and Su Yong
Law and Frankie Kan Yin Law, wife and husband, as Community Property
with Right of Survivorship, as to an undivided 5% interest, all as Tenants
in Common (20055 De Palma Lane); and Su Yong Law and Frankie Kan
Yin Law, wife and husband, as Community Property with Right of
Survivorship, as to an undivided 95% interest and Joyce Chow, an
unmarried woman, as Joint Tenants, as to an undivided 5% interest, all as
Tenants in Common (20065 De Palma Lane)
LOCATION: 20055 and 20065 De Palma Lane
A. Faithful Performance Bond: $ 36,168.00
THIRTY-SIX THOUSAND ONE HUNDRED SIXTY-EIGHT AND 00/100 DOLLARS
B. Labor and Material Bond: $ 36,168.00
THIRTY-SIX THOUSAND ONE HUNDRED SIXTY-EIGHT AND 00/100 DOLLARS
C. Checking and Inspection Fees: $ 2,194.00
TWO THOUSAND ONE HUNDRED NINETY-FOUR AND 00/100 DOLLARS
D.
Development Maintenance Deposit:
ONE THOUSAND AND 00/1 00 DOLLARS
$ 1,000.00
E.
Storm Drainage Fee: Basin 3
$ PAID
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
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