CC Resolution No. 05-174
RESOLUTION NO. 05-174
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT
BETWEEN THE CITY AND DEVELOPER, LYNN CHING, AN
UNMARRIED WOMAN, 10264 LOCKWOOD DRIVE, APN 342-14-037
WHEREAS, there has been presented to the City Council a proposed improvement
agreement between the City of Cupertino and developer, Lynn Ching, an unmarried woman, for
the installation of certain municipal improvements at 10264 Lockwood Drive 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 October 2005, by the following vote:
Vote
Members of the Citv Council
AYES:
NOES:
ABSENT:
ABSTAIN:
Kwok, Lowenthal, Sandoval, Wang, James
None
None
None
¿~il-{i~ ~
City Clerk
A TIEST:
Resolution No. 05-174
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Lynn Ching
LOCATION: 10264 Lockwood Drive
APN 342-14-037
A. Faithful Performance Bond: Off-site: $ 11,990.00
On-site: $ 12,925.00
ELEVEN THOUSAND NINE HUNDRED NINETY AND 00/100 DOLLARS
TWELVE THOUSAND NINE HUNDRED TWENTY-FIVE AND 00/100 DOLLARS
B. Labor and Material Bond: $ 11,990.00
ELEVEN THOUSAND NINE HUNDRED NINETY AND 00/100 DOLLARS
C. Checking and Inspection Fees: $ 2,385.00
TWO THOUSAND THREE HUNDRED EIGHTY-FIVE AND 00/100 DOLLARS
D. Development Maintenance Deposit
ONE THOUSAND AND 00/100 DOLLARS
$ 1,000.00
E. Storm Drainage Fee:
THREE HUNDRED FORTY-TWO AND 85/100 DOLLARS
$ 342.85
F. One Year Power Cost: N/A
G. Street Trees: By Developer
H. Map Checking Fee: N/A
I. Park Fee: N/A
J. Water Main Reimbursement: N/A