10b. Low agreement
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RESOLUTION NO. 07-158
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN
THE CITY AND ROGER AND JINLING LOW, HUSBAND AND WIFE,
21988 MCCLELLAN ROAD, APN 356-08-027
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and Roger and Jinling Low, husband and wife for the
installation of certain municipal improvements at 21988 McClellan 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 September 2007, by the following vote:
Vate Members of the City Council
AYES:
NOES:
ABSENT: .
ABSTAIN:
A TIEST:
APPROVED:
City Clerk
Mayor, City of Cupertino.
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Resolution No. 07-158
Page 2
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EXHIBIT "A~~
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Roger Low arid Jinling Low, husband and wife
LOCATION: 21988 McClellan Road, APN 356-08-027
A.
Faithful Performance Bond:
$ 21,267.40.
TWENTY ONE THOUSAND TWO HUNDRED SIXTY SEVEN AND 40/100 DOLLARS
B.
Labor and Material Bond:
$ 21,267.40
TWENTY ONE THOUSANO TWO HUNDRED SIXTY SEVEN AND 40/1 00 DOLLARS
C.
Checking and Inspection Fee:
$ 2,304.00
TWO THOUSAND THREE HUNDRED FOUR AND 00/100 DOLLARS
D. Development Maintenance Deposit: $ 1,000.00
ONE THOUSAND AND 00/100 DOLLARS --/
E. Storm Drainage Fee: Basin 2 $ 640.71
SIX HUNDRED FORTY AND 71/100 DOLLARS
F. Street Light - One-Year Power Cost: N/A
G. Map Checking Fee: N/A
H. Park Fee: ZONE n . N/A
I. Reimbursement Fee: N/A
...J
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