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CC Resolution No. 8632 RESOWl'ION ID. 8632 A RESOWl'ION OF '!HE CITY CXXJNCIL OF '!HE CITY 'OF CUPERI'INO APPROVING PARCEL MAP AND IMPROVEMENl' PIANS OF Pl<OPERIY LOCATED M 10750 RAE IANE, DEVEI:DPER, OiRIS afANG, oou:; afANG, ROBERI' T. afANG, AND JUDY W. afANG, AtJIHORIZING EXEX:UI'ION OF IMPROVEMENl' AGREEMENI'; AtJIHORIZING SIGNING OF PARCEL MAP AND IMPROVEMENl' PIANS WHERFAS, there has been presented to the City Council far approval of the parcel map am inprovement plans of property located at 10750 Rae Lane by O1ris <1!an;J, Doug <1!an;J, Robert T. <1!an;J, am Judy W. <1!an;J¡ am WHERFAS, there has been presented to the City Council a proposed agreement far the constzuction of streets, curbs, gutters, am far other inprovements, am good am sufficient bon:is (letter of credit), fees, am deposits éUi! set forth in Exhibit "A" haviIq been pI asented far the faithful performance of said work am the carryiIq out of said agreement; am said map, agreement, am borxis haviIq been approved by the City Attorney; NCM, 'IHEREroRE, BE IT RESOLVED '!HAT a. Said parcel map am inprovement plans herein referred to are herby awroved. b. '!he offer of dedication far street areas am all easements is hereby accepted. c. '!he City ~ineer is hereby authorized to sign said inprovement plans. d. '!he City ~ineer am the City Clerk are hereby authorized to sign said parcel map am have it recorded. e. '!he Mayor am the city Clerk are hereby authorized to execute the agreement herein referred to. ' . PASSED AND ADOPl'ED at City of OJpertino this followiIq vote: a regular meetiIq of the City Council of the 6th day of ADril , 1992, by the vote AYES: Members of the Citv Council Dean, Goldman, Koppel, Szabo, Sorensen NOES: None ABSENr: None ABSTAIN: None RESOU7l'ION NO. 8632 APPROVED: /s/ Lauralee Sorensen Mayor, City of CUpertino A'ITES'l': /s/ Dorothy Cornelius City Clerk EXHIBIT "A" RESOWI'ION NO. 8632 DEVEI.OæmI': SINGLE-FAMILY OOELLINGS CHRIS CHANG, DCX.Xõ CHANG, ROBERI' T. CHANG, AND JUDY W. CHANG, lDCATION: 10750 RAE IMÅ’ A. Faithful Perfonnance Bond: $ 24,913.00 'IWENl"il FtJUR '!HOUSAND NINE HUNDRED 'Ih.LK.L'~ AND 00/100 DO~ B. Labor and Material Bond: $ 24,913.00 'IWENl"il FtJUR '!HOUSAND NINE HUNDRED 'ß-w<J.'~ AND 00/100 DO~ C. 01ecJdn;J and Inspection Fee: ONE 'lHXJSAND 'lw:> HUNDRED FaRlY SIX AND 00/100 DO~ D. Iniirec:t city Expenses: ONE HUNDRED EIGffi'1l SEVEN AND 00/100 DO~ E. DevelopÅ“nt Maintenance Program: ONE 'lHXJSAND AND 00/100 DO~ F. storm Drainage Fee: FtJUR HUNDRED SDml FtJUR AND 00/100 DO~ G. One Year Power, Cost: H. Street Trees: $ 1,246.00 $ 187.00 $ 1,000.00 $ 464.00 N/A By Developer $ 180.00 $ 31,500.00 I. Map ~ Fee: ONE HUNDRED EIGffi'1l AND 00/100 DO~ J. Park Fee: ZONE: II, ACCT # 480-416-022 'IHIRIY ONE '!HOUSAND FIVE HUNDRED AND 00/100 DO~ K. Water Main Re:iJnb.Jrsement Fee: $ '4,973.00 FtJUR '!HOUSAND NINE HUNDRED SE.VENI'Y 'lHREE AND 00/100 DO~ L. Maps and/or Inprovement Plans As specified in Item No. 23 of 1Igreement