12. Impr. Agrmnt. Chang, Ho, Kung
DRAFT
RESOLUTION NO. 07-183
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF AN IMPROVEMENT AGREEMENT BETWEEN THE
CITY AND DEVELOPER CHIAO-FU CHANG AND SUE-FAY L. CHANG, HUSBAND
AND WIFE AS JOINT TENANTS, KOK Y. HO AND YUET M. HO, HUSBAND AND WIFE
AS JOINT TENANTS, HSING H. KUNG AND MARGARET KUNG, HUSBAND AND WIFE
AS JOINT TENANTS, 21711, 21713 AND 21731 ALCAZAR AVENUE,
APN(s) 357-19-018, 058, 079 AND 080
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Chiao-Fu Chang and Sue-Fay L. Chang,
Husband and Wife as Joint Tenants, Kok Y. Ho and Yuet M. Ho, Husband and Wife as Joint
Tenants, Hsing H. Kung and Margaret Kung, Husband and Wife as Joint Tenants, for the
installation of certain municipal improvements at Alcazar 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 5th day of November 2007, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
A TrEST:
APPROVED:
City Clerk
Mayor, City of Cupertino
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Resolution No. 07-183
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPER:
CHIAO-FU CHANG AND SUE-FAY L. CHANG, KOK Y. HO AND
YUET M. HO, HSING H. KUNG AND MARGARET KUNG
LOCATION:
21711,21713 AND 21731 ALCAZAR AVENUE
APN(s) 357-19-018, 058, 079 AND 080
A.
Faithful Performance Bond:
$195,556.20
ONE HUNDRED NINETY -FIVE THOUSAND FIVE HUNDRED FIFTY-SIX AND 20/100
DOLLARS
B.
Labor and Material Bond:
$195,556.20
ONE HUNDRED NINETY -FIVE THOUSAND FIVE HUNDRED FIFTY -SIX AND 20/1 00
DOLLARS
c.
Checking and Inspection Fee:
$ 9,777.81
NINE THOUSAND SEVEN HUNDRED SEVENTY-SEVEN AND 81/100 DOLLARS
D.
Development Maintenance Deposit:
$ 1,000.00
ONE THOUSAND AND 00/100 DOLLARS
E.
Storm Drainage Fee: Basin 2
$ 1,273.91
ONE THOUSAND TWO HUNDRED SEVETY-THREE AND 91/100 DOLLARS
F.
Street Light - One-Year Power Cost:
N/A
G.
Map Checking Fee:
$ 3,515.00
THREE THOUSAND FIVE-HUNDRED FIFTEEN AND 00/100 DOLLARS
H.
Park Fee: ZONE II
$ 15,750.00
FIFTEEN THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS
I.
Reimbursement Fee:
N/A
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