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CC Resolution No. 8858 RESOLUTION NO. 8858 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE FINAL MAP AND IMPROVEMENT AGREEMENT OF TRACT NO. 8585, LOCATED ON SAN FERNANDO AVENUE, DEVELOPER LEONARD BORELLO, DICK RANDALL, BARRE BARNES; ACCEPTING CERTAIN EASEMENTS; AUTHORIZING SIGNING OF FINAL MAP AND IMPROVEMENT AGREEMENT IN CONNECTION THEREWITH WHEREAS, there has been presented to the City Council for approval and for authorization to record fmal map of Tract No. 8585, located on San Fernando Avenue, showing certain avenues, drives, places, and roads by Leonard Borello, Dick Randall and Barre Barnes; and WHEREAS, there has been presented to the City Council a proposed agreement for the construction of streets, curbs, and gutters, and for other improvements, and good and sufficient bonds, fees, and deposits as set forth in Exhibit" A" having been presented for the faithful performance of said work and the carrying out of said agreement; and said map, agreement, and bonds having been approved by the City Attorney; NOW, THEREFORE, BE IT RESOLVED THAT a. Said final map of Tract No. 8585 is hereby approved. b. The offer of dedication for roadway and for easements is hereby accepted. c. The City Engineer and the City Clerk are hereby authorized to sign said final map. d. The Mayor and the City Clerk are hereby authorized to execute the agreement herein referred to. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 17 th day of May , 1993, by the following vote: RESOLUTION NO. 8858 Vote AYES: NOES: ABSENT: ABSTAIN: Members ofthe City Council Dean, Goldman, Koppel, Sorensen, Szabo None None None APPROVED: Mayor, City of Cupertino ATTEST: City Clerk EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: TRACT NO. 8585 LEONARD BORELLO, DICK RANDALL, BARRE BARNES LOCA nON: SAN FERNANDO AVENUE A. Faithful Perfonnance Bond: $98,700.00 NINETY-EIGHT THOUSAND SEVEN HUNDRED AND 001100 DOLLARS B. Labor and Material Bond: $98,700.00 NINETY-EIGHT THOUSAND SEVEN HUNDRED AND 00/100 DOLLARS -$2,326.00 = TWO THOUSAND SIX HUNDRED NINE AND 00/100 DOLLARS $ 4,935.00* 2,609.00 C. Checking and Inspection Fee: D. Indirect City Expenses: NIA E. Development Maintenance Deposit: Condemnation Deposit: $ 3,000.00 $24,200.00 F. Stonn Drainage Fee: * G. One Year Power Cost: SEVENTY SIX AND 00/100 DOLLARS $ 76.00 H. Street Trees: By Developer 1. Map Checking Fee: TWO HUNDRED FOUR AND 00/100 DOLLARS $ 204.00 1. Park Fee: Zone II, Account No. 480-416-022 $110,250.00 ONE HUNDRED TEN THOUSAND TWO HUNDRED FIFTY & 00/100 DOLLARS K Water Main Reimbursement Fee: Install Main Extension L. Maps and/or Improvement Plans As specified in Item No. 23 of agreement *Stonn Drain Fee: 12" RCP 321 LF@ $1O.00ILF = Stonn Manhole 2 ea @ $600/ea = Catch Basin 1 ea @ $400/ea = Total Stonn Drain Fee = To be deducted from checking and inspection fee $3,210.00 $1,200.00 $ 400.00 $4,810.00 $2.484.00 $2,326.00