CC Resolution No. 8240
RESOIIJTION NO. 8240
A RESOIIJTION OF THE CITY <XXJNCIL OF THE CITY OF C1JJ;'~'.Œ0
APPOOVING THE FmAL MAP AND IMPROVEMENT PIANS OF TRAcr NO.
8325, FORroFmO PROJECr LOCATED SOOTHEAST OORNER OF DEANZA
mJIEI1ARD AND HCMESTEAD ROAD, DEVEIDPER MARIANI DEVEIDEMENT
OORPORATION, Au.;t;J;'l'.ŒG CER1'ADI EASEMEN'IS; AUIHORIZmG SIGNmG
OF FmAL MAP AND IMPROVEMENT PIANS; AU'I'HORIZmG THE EXEaJ'I'ION
OF AGREEMENT m CDNNECI'ION THEREWITH
WHEREAS, there has been presented to the City Council for approval arrl
for authorization to record final map of Tract No. 8325, Portofino
Project, located at the southeast corner of DeAnza Boulevard arrl Homestead
Road shawin;J certain avenues, drives, places, arrl roads by Mariani
Development Co¡:poration, a California Co¡:poration; arrl
WHEREAS, there has been presented to the City Council a proposed
agreement for the construction of streets, curbs, gutters, arrl for other
:iJtprovements, arrl good arrl sufficient bon::ù;, fees, arrl deposits as set
forth in Exhibit "A" havin;J been presented for the faithful performance of
said work arrl the canyin;J out of said agreement; arrl said map, agreement,
arrl bonds havin;J been approved by the City Attorney;
NCM, 'IHE:RID~, BE IT RESOLVED '!HAT
a. Said final map arrl :iJtprovement plans of Tract No. 8325, be arrl
the same is hereby approved.
b. The offer of dedication for roadway arrl for easements is hereby
accepted.
c. The City Engineer arrl the city Clerk are hereby authorized to
sign said final map.
d. '!he City Engineer is hereby authorized to sign the :iJtprovement
plans.
e. The Mayor arrl the city Clerk are hereby authorized to execute the
agreement herein referred to.
PASSED AND AOOPI'ED at a regular meetin;J of the City Council of the
City of CUpertino this l7th day of September, 1990, by the followin;J
vote:
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RESOIIJTION NO. 8240
EXHIBIT "A"
SCHEOOLE OF BJND, FEES, AND DEEœITS
DEVEIDB1Em': TRACI' NO. 8325, roRroFINO PR:\JECI'
MARIANI DEVEIDIMENT CDRroRATION, A CALIFORNIA
CDRroRATION
LOCATION: SOO'IHE'AST CORNER OF DEANZA B:XJIEVARD AND
Ha-IESTEAD ROAD
A. Faithful Performance Bond: Off Site-$650,000 $2,247,000.00
On Site-$1,423,000
Landscaping-$174,000
'lID MILLION 'lID HUNDRED roRI'Y SEVEN 'IHOOSAND AND 00/100 OOLIARS
B. Iabor arrl Material Bond: Off Site-$650,000 $2,247,000.00
On Site-$1,423,000
Landscaping-$174,000
'lID MIUJ:ON 'lID HUNDRED roRI'Y SEVEN THOOSAND AND 00/100 OOLIARS
C. Checking arrl Inspection Fee: $ 109,550.00
ONE HUNDRED NINE THOOSAND FIVE HUNDRED FIFTY AND 00/100 OOLIARS
(Excludes recreation facilities)
D. Indirect City Expenses: $ 16,433.00
SDITEEN 'IHOOSAND FOOR HUNDRED THIRI'Y 'IHREE AND 00/100 OOLIARS
(Excludes recreation facilities)
E. Map Filin;J Fee:
'lID HUNDRED TEN AND 00/100 OOLIARS
F. Development Maintenance Deposit:
ONE THOOSAND AND 00/100 OOLIARS
G. Storm Drainage Fee: $ 22,717.00
'IWENTY 'lID '!HOUSAND SEVEN HUNDRED SEVENTEEN AND 00/100 OOLIARS
$
210.00
$
1,000.00
H. One Year Power Cost:
'IHREE HUNDRED NINEl'Y SIX AND 00/100 OOLIARS
I. Street Trees:
$
396.00
N/A
J. Park Fee: Zone III afc 480-0000-416-033 $1,527,750.00
ONE MIUJ:ON FIVE HUNDRED 'IWENTY SEVEN THOUSAND SEVEN HUNDRED FIFTY AND
00/100 OOLIARS
K. Water Main :Reimbursement
N/A
L. Maps and/or IJrprovement Plans: By Developer- As specified in Item
23 of agreement
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RESOIIJTION NO. 8240
vote Members of the Citv Council
AYES: Goldman, Koppel, Sorensen, Rogers
NOES: None
ABSENT: Szabo
ABSTAIN: None
MTFSI': APPROVED:
I~/ RohprtR A. Wolfe
City Clerk, Deputy
Isl Barbara A. Rogers
Mayor, City of CUpertino
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