CC Resolution No. 05-053
RESOLUTION NO. 05-053
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPERS, LYNN YOUNGS AND
MlKIKO YOUNGS, HUSBAND AND WIFE AS COMMUNITY PROPERTY
WITH RIGHT OF SURVIVORSHIP, 10965 MIRAMONTE ROAD, APN 356-01-032
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Lynn Youngs and Mikiko Youngs,
Husband and Wife As community property with right of survivorship, for the installation of
certain municipal improvements at 10965 Miramonte 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 special meeting of the City Council of the City of
Cupertino this 5th day of April 2005, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN:
Kwok, Lowenthal, Sandoval, Wang
None
James
None
AT4;~td ~l
City Clerk C
AP~
Mayor, City of Cupertino
Resolution No. 05-053
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Lynn Youngs and Mikiko Youngs
LOCATION: 10965 Miramonte Road
APN 356-01-032
A. Faithful Performance Bond: $ 9,166.00
NINE THOUSAND ONE HUNDRED SIXTY-SIX AND 001100 DOLLARS
B. Labor and Material Bond: $ 9,166.00
NINE THOUSAND ONE HUNDRED SIXTY-SIX AND 001100 DOLLARS
C. Checking and Inspection Fees: $ 2,130.00
TWO THOUSAND ONE HUNDRED THIRTY AND 00/100 DOLLARS
D. Development Maintenance Deposit
ONE THOUSAND AND 0011 00 DOLLARS
$ 1,000.00
E. Storm Drainage Fee:
FIVE HUNDRED FORTY-ONE AND 69/100 DOLLARS
$ 541.69
F. One Year Power Cost: N/A
G. Street Trees: By Developer
H. Map Checking Fee: N/A