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CC Resolution No. 9760RESOLUTION NO. 9760 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT BETWEEN CITY AND DEVELOPER MIU JUE, 10545 CORDOVA ROAD WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer Miu Jue for the installation of certain municipal improvements at 10545 Cordova Road and said agreement having been approved by the City Attorney, and Developer 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 6th day of January, 1997, by the following vote: Vote Members 9_fthe City Council AYES: Burnett, NOES: None ABSENT: None ABSTAIN: None Chang, Dean, Sorensen, Bautista ATTEST: APPROVED: q~r~ Cit~ of Cupertino Resolution No. 9759 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single-Family Homes Miu Jue LOCATION: 10545 Cordova Road A. Faithful Performance Bond: Off-site $22,000.00 On-site $ 4,000.00 TWENTY-TWO THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: Off-site $22,000.00 On-site $ 4,000.00 TWENTY-TWO THOUSAND AND 00/100 DOLLARS C. Checking and Inspection Fee: $ 1,744.00 ONE THOUSAND SEVEN HUNDRED FORTY-FOUR AND 00/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: $ 1,000.00 ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: $ 293.74 TWO HUNDRED NINETY-THREE AND 74/100 DOLLARS G. One Year Power Cost: $ 36.00 THIRTY-SIX AND 00/100 DOLLARS H. Street Trees: By Developer I. Map Checking Fee: N/A J. Park Fee: Zone I $15,750.00 Acct. #480-416-011 FIFTEEN THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS K. Water Main Reimbursement Fee: $ 2,252.70 TWO THOUSAND TWO HUNDRED FIFTY-TWO AND 70/100 DOLLARS L. Maps and/or Improvement Plans: As specified in Item No. 23 of agreement