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CC Resolution No. 8450 REooumON 00. 8450 A RESOImICN OF THE CITY axJNCIL OF THE CITY OF aJPERTIOO APPRfJI1]N; THE FINAL MAP AND IMPRO\/EMENT PLANS OF 'lRACl' 00. 8332 Nr WILSCIiI SCIDJL SITE, IDCA'lED PRICE AVENUE, DEVEIDPER, aJPERTIOO UNICN SCIDJL DIS'lRIcr, J\uJ!;t'.1'iloG CERI'AIN EASEMENTS; AUTfDRIZllI; SIGNIR; OF FINAL MAP AND IMPRO\/EMENT PLANS; AUTfDRIZllI; THE EXECUTION OF 1\GREE21ENT IN ~ICN THEREWITH WHEREAS, there has been presented to the City Coilllcil for awroval and for authorization to record final map of Tract No. 8332 located at Wilson School site on Price Avenue showing certain avenues, drives, places, and roads by Cupertino union School District; and WHEREAS, there has been presented to the City Council a proposed agreement for the construction of streets, CUIbs, am gutters and for other inprovanents, and c;pod and sufficient bonds, fees, and deposits as set forth in Exhibit "A", having been presented for the faithful perfo:rmance of said work and the carrying out of said agrea,¡e¡tt; and said map, agreement, and bonds having been a¡:proved by the City Atto:rney; J!Uol, 'lHEREFORE, BE IT RESOLVED THAT a. Said final map and' inprovanent plans of Tract No. 8332, be and the BaIœ are hereby a¡;:proved. b. '!he offer of dedication for roadway and for easements is hereby accepted. c. 'lhe City Engineer and the City Clerk are hereby authorized to sign the said final map. d. The City Engineer is hereby authorized to sign the inprovanent plans. e. '!he Mayor and City Clerk are,hereby authorized to execute the agreement herein referred to. PASSED AND AwI:".11!aJ at City of Cupertino this following vote: a regular meeting of the City Council of the l5th day of July , 1991, by the , vote MerIbers of the Citv (buncH RESOliJ'l'ION 00. 8450 AYES: Goldman, Rogers, Sorensen, Szabo, Koppel NOES: None ABSENT: None ~: None ATlEST: /s/ Roberta A. Wolfe City Clerk, Deputy APPRO\IED: /s/ Barb Koppel Mayor, City of CUpertino RESOIDTION 00. 8450 EXHmIT ·'A" saiEIXJIE OF OCIID, FEES, AND IEPOSITS œvm:DPMENT: 'lRACl' 00. 8332 SllGE FAMILY rMELL~ WCATICN: WILSCN SCIKX)L SI'lE CN PRICE AVENUE A. Faithful Perfonnance Bond: $373,654.00 'lHREE HUNDRED SEVENTY'lHREE THOOSAND SIX HUNDRED FIFTY POOR AND OO/lOO OOLLARS B. Labor and Material Bond: $373,654.00 'lHREE HUNDRED SEVENTY'lHREE THOOSAND SIX HUNDRED FIFTY POOR AND 00/100 OOLLARS C. Checking and Inspection Fee: $ l8,683.00 EIGH'lEEN THOOSAND SIX HUNDRED EIGHTY 'lHREE AND 00/100 OOLLARS D. Indirect City Expenses 'ß'l) THOOSAND EIGHT HUNDRED 'ß'l) AND OO/lOO OOLLARS E. Map Filing Fee: ONE HUNDRED 'lHIRl'Y EIGHT AND OO/lOO OOLLARS F. Develo¡:ment Maintenance Deposit: 'lHREE THOOSAND AND OO/lOO OOLLARS $ 2,802.00 $ 138.00 $ 3,000.00 G. StoDII Drainage Fee: $ 4,l54.00 POOR THOOSAND ONE HUNDRED FIFTY POOR AND 00/100 OOLLARS H. One Year Power Cost: 'ß'l) HUNDRED FIFTY 'ß'l) AND 00/100 OOLLARS $ 252.00 I. street Trees: By Developer J. Park Fee: zone 3, Acct . 485-416-043 $283,500.00 'ß'l) HUNDRED EIGHTY 'lHREE THOOSAND FIVE HUNDRED AND 00/100 OOLLARS K. Water Main Extension Deposit: N/A L. Maps and/or Inprovaænt Plans: By Developer As specified in Itan No. 23 of agreesænt