CC Resolution No. 03-045- RESOLUTION NO. 03~045
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN THE
CITY AND DEVELOPERS, CHAO-YUE LIU AND DAPHNE W. CHEN, HUSBAND
AND WIFE, AS JOINT TENANTS, 21831 SAN FERNANDO AVENUE, APN 357-15-039
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Chao-Yue Liu and Daphne W. Chen,
Husband and Wife, as Joint Tenants, for the installation of certain municipal improvements at
21831 San Femando 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 3rd day of March 2003, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
Chang, James, Kwok, Sandoval, Lowenthal
None
None
None
ATTEST:
City Clerk
//~'AxPPROVED~
Mayor, City of Cupertino
Resolution No. 03-045
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Chao-Yue Liu and Daphne W. Chen, Husband
and Wife, as Joint Tenants
LOCATION: 21831 San Femando Avenue, APN 357-15-039
A. Faithful Performance Bond: Off-site:
TWELVE THOUSAND FIVE HUNDRED AND 00/100 DOLLARS
B. Labor and Material Bond:
TWELVE THOUSAND FIVE HUNDRED AND 00/100 DOLLARS
C. Checking and Inspection Fees:
TWO THOUSAND THREE HUNDRED AND 00/100 DOLLARS
D. Development Maintenance Deposit
ONE THOUSAND AND 00/100 DOLLARS
E. Storm Drainage Fee:
TWO HUNDRED EIGHTY-SIX AND 40/100 DOLLARS
G.
H.
I.
J.
K.
One Year Power Cost:
Street Trees:
Map Checking Fee:
Park Fee:
Water Main Reimbursement:
Maps and/or Improvement Plans:
$12,500.00
$12,500.00
$ 2,300.00
$ 1,000.00
$ 286.40
N/A
By Developer
N/A
N/A
N/A
As specified in
Item #21 of agreement