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CC Resolution No. 06-039 RESOLUTION NO. 06-039 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF A RESOLUTION APPROVING AN IMPROVEMENT AGREEMENT WITH MU WAI LUI AND YUET-LIN Z. SO, 10111 SANTA CLARA AVENUE, APN 326-24-025 WHEREAS, there has been presented to the City Council a proposed improvement agreement between the City of Cupertino and developer, Mu Wai Lui and Yuet-Lin Z. So, husband and wife, as community property with right of survivorship, for the installation of certain municipal improvements at 10111 Santa Clara Avenue and said agreement having been approved by the City Attorney; 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 27th day of February 2006, by the following vote: Vote AYES: NOES: ABSENT: ABSTAIN: Members ofthe City Council Lowenthal, Wang, Kwok, Mahoney, Sandoval None None None ATTEST: ~ 2ndl City Clerk r APPROVED: ~o~ Resolution No. 06-039 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Mu Wai Lui and Yuet-Lin Z. So, husband and wife, as community property with right of survivorship LOCATION: 10111 Santa Clara Avenue APN 326-24-025 A. Faithful Performance Bond: $ 3,450.00 THREE THOUSAND FOUR HUNDRED FIFTY AND 00/100 DOLLARS B. Labor and Material Bond: $ 3,450.00 THREE THOUSAND FOUR HUNDRED FIFTY AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 2,130.60 TWO THOUSAND ONE HUNDRED THIRTY AND 60/100 DOLLARS D. Development Maintenance Deposit ONE THOUSAND AND 00/100 DOLLARS $ 1,000.00 E. Storm Drainage Fee: ONE HUNDRED SIXTY-SIX AND 44/100 DOLLARS $ 166.44 F. One Year Power Cost: N/A G. Map Checking Fee: N/A H. Park Fee: N/A