CC Resolution No. 07-097
RESOLUTION NO. 07-097
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE
CITY AND DEVELOPER EMILIO J. FRANCISCO AND FATIMA M. FRANCISCO,
10130 SANTA CLARA AVENUE, APN 326-14-014
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Emilio J. Francisco and Fatima M.
Francisco, for the installation of certain municipal improvements at 10130 Santa Clara A venue,
and said agreement having been approved by the City Attorney, and Developers having paid the
fees as outlined in the atta~hed 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 5th day of June 2007, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
Wang, Kwok, Lowenthal, Mahoney, Sandoval
None
None
None
ATTEST:
~~
City Clerk
APPROVED:
t
Resolution No. 07-097
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Emilio J. Francisco and Fatima M. Francisco
LOCATION: 10130 SANTA CLARA AVENUE, APN 326-14-014
A.
Faithful Performance Bond:
$14,815.00
FOURTEEN THOUSAND EIGHT HUNDRED FIFTEEN AND 00/100 DOLLARS
B.
Labor and Material Bond:
$14,815.00
FOURTEEN THOUSAND EIGHT HUNDRED FIFTEEN AND 00/100 DOLLARS
C.
Checking and Inspection Fee:
$ 2,194.00
TWO THOUSAND ONE HUNDRED NINETY-FOUR AND 00/100 DOLLARS
D.
Development Maintenance Deposit:
$ 1,000.00
ONE THOUSAND AND 00/1 00 DOLLARS
E.
Storm Drainage Fee: Basin 2
$ 140.67
ONE HUNDRED FORTY AND 67/100 DOLLARS
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