CC Resolution No. 05-085
RESOLUTION NO. 05-085
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER AMELIA INVESTMENTS, LP,
10578 SAN LEANDRO AVENUE, APN 357-05-046
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Amelia Investments, LP, for the
installation of certain municipal improvements at 10578 San Leandro A venue 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 1 7th day of May, 2005, by the following vote:
Vote
Members of the City Council
AYES:
NOES:
ABSENT:
ABSTAIN :
Kwok, Lowenthal, Sandoval, Wang, James
None
None
None
~~
City Clerk
ATTEST:
Resolution No. 05-085
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Amelia Investments, LP
LOCATION: 10091 BymeAvenue
APN 357-11-005
A. Faithful Performance Bond: $ 8,525.00
EIGHT THOUSAND FIVE HUNDRED TWENTY-FIVE AND 00/100 DOLLARS
B. Labor and Material Bond: $ 8,525.00
EIGHT THOUSAND FIVE HUNDRED TWENTY-FIVE AND 00/100 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 00/100 DOLLARS
$ 1,000.00
E. Storm Drainage Fee:
TWO HUNDRED NINETY -FOUR AND 57/100 DOLLARS
$ 294.57
F.
Street Light -One Year Power Cost:
N/A
G.
Map Checking Fee:
N/A
H. Park Fee: $15,750.00
FIFTEEN THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS