10a. Liu agreement
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RESOLUTION NO. 07-157
DRAFT
A RESOLUTION OF THE CITY COUNCIL OF TIlE CTIY OF CUPERTINO
, AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN
THE CITY AND ZHIHONG LID, A MARIUED MAN AS HIS SOLE AND SEPARATE
PROPERTY, 10651 MERRIMAN ROAD, APN 342-16-031
WHEREASJ there has been presented to the City Council a proposed improvement agreement
. between the City of Cupertino and Zhihong Liu, a married man as his sole and separate property
for the installation of certain municipal improvements at 10651 Merrin)an Road, 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 18th day of Sep~ember 2007, by the following vote:
Vote Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
APPROVED:
City' Clerk
MayorJ City of Cupertino
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Resolution No. 07-157
Page 2
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EXHIaIT."A"
SCHEDULE OF BOND, FEES, AND D1;POSrrS
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DEVELOPMENT: Zhihong Liu, a married ~an as his sole and separate'property
LOCATION: 1.0651 Merriman Road, APN 342~16-031
A.' 'Faithful Performance Bond:
$ 47,078.00
FORTY SEVEN THOUSAND SEVENTY EIGHT AND 00/100 DOLLARS
B.
Labor and Material Bond:
. $ 47,078.00
FORTY SEVEN THOUSAND SEVENTY EIGHT AND 00/1 00 DOLLARS
C. . Checking and Inspection Fee:
$ 2,353.90
TWO THOUSAND THREE HUNDRED FIFTY THREE AND 90/100 DOLLARS .
D.
Development Maintenance Deposit:
$ 1,000.00.
ONE THOUSAND AND 00/100 DOLLARS
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E.
Storm Drainage Fee: BaSin 2
$ 314.74 .
THREE HUNDRED FOURTEEN AND 74/100 DOLLARS
F.
Street Light - One-Year Power Cost:
N/A
G.
Map Checking Fee:
N/A
. N/A
H.
Park Fee: ZONE II
I.
Reimbursement Fee:
.N/A
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