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CC Resolution No. 7953 RESOII1l'ION NO. 7953 A RæOII1l'ION OF THE CITY CXXJNCIL OF THE CITY OF aJPERI'INO APPROVING PARCEL MAP OF PROPERI'Y LOCATED Nr 21211 RAINBCM DRIVE; DEVEIDPER PHAR lAP DEVEIDPERS, A CALIFORNIA LIMITED PARI'NERSHIP AUlHORIZING EXECUl'ION OF IMPROVEMENT AGREEMENI'; AUIHORIZING SIGNING OF PARCEL MAP WHEREAS, there has been presented to the City Council for approval of the parcel map of property located at 21211 Rainbow Drive by :RJar lap Developers, A Califo:rnia Limited Partnership; and WHEREAS, there has been presented to the City Council a proposed agreement for the construction of streets, curlJs, and gutters, and for other iIrprovements, and good and sufficient bonds (letter of credit) fees, and deposits as set forth in Exhibit "A" havinJ been presented for the faithful perfoDnanCe of said 1tIOrk and the carryinJ out of said agreement; and said map, agreement, and bonds havinJ been approved by the City Attorney; NCM, 'IHEREFORE, BE IT RæOLVED THAT a. Said parcel map herein referred to is hereby approved. b. '!he offer of dedication for street areas and all easement is hereby accepted c. '!he city En;¡'ineer and the City Clerk are hereby authorized to sign said parcel map and have it recorded. d. '1he Mayor an:i the City Clerk are hereby authorized to execute the agreement herein referred to. PASSED AND AOOPl'ED at a regular meetinJ of the City Council of the city of Cupertino this 16th day of October , 1989, by the followinJ vote: vote AYES: NOES: Members of the City Council Gatto, Johnson, Koppel, Rogers, Plungy None None None ABSENT: ABSTAIN: ATI'EST: APPROVED: Isl Dorothy Cornelius City Clerk Is/ John J. Plungy. Jr. Mayor, City of Cupertino Resolution No. 7953 EXHIBIT "A" DEVELOPMENT Single-Family Dwelling DEVELOPER Phar Lap Developers A California Limited Partnership LOCATION 21211 Rainbow Drive A. Faithful Performance Bond: B. Labor and Material Bond: C. Checking and Inspection Fee: D. Indirect City Expenses E. Development Maintenance Deposit: One Thousand Dollars and nol100 Dollars F. Storm Drainage Fee: Five Hundred Eighty Six Dollars and nollOO Dollars G. One Year Power Cost: H. Street Trees: By Developer I. Map Checking Fee: Two Hundred Ten Dollars and nollOO Dollars J. Park Fee: Twenty One Thousand Dollars and nollOO Dollars K. Water Main Extension Deposit: L. Maps andlor Improvement Plans: As specified in Item 23 M. Rainbow Drive Reimbursements ThreeThousand Nine Hundred Sixty Dollars and nollOO Dollars (Gregory Group Deposit) .00 .00 .00 .00 $1,000.00 $ 586.00 .00 .00 $ 2l0.00 $21,000.00 .00 $3,960.00