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CC Resolution No. 9872RESOLUTION NO. 9872 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE PARCEL MAP OF PROPERTY LOCATED AT 10346 SOUTH STELLING ROAD, APN 359-13-040; DEVELOPER, E & H THIRD FAMILY LP, A CALIFORNIA LIMITED PARTNERSHIP; AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT; AUTHORIZING SIGNING OF PARCEL MAP AND IMPROVEMENT PLANS WHEREAS, there has been presented to the City Council for approval of the parcel map of property located at 10346 South Stelling Road, APN 359-13-040 by E & H Third Family LP, A California Limited Partnership; 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 (letter of credit), 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 ao Said parcel map and improvement plans herein referred to are hereby approved. bo The offer of dedication for street areas and all easements is hereby accepted. c. The City Engineer is hereby authorized to sign said improvement plans. do The City Engineer and the City Clerk are hereby authorized to sign said parcel map and have it recorded. 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 16th day of June, 1997, by the following vote: Resolution No. 9872 Page 2 Vote Members of the City Council AYES: Burnett, NOES: None ABSENT: None ABSTAIN: None Chang, Dean, Sorensen, Bautista ATTEST: City~~ APPROVED: l~y°r, City of Cupertino Resolution No. 9872 Page 3 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single-Family Homes E & H Third Family LP, A California Limited Parmership LOCATION: 10346 South Stelling Road A. Faithful Performance Bond: SIXTY-NINE HOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: SIXTY-NINE THOUSAND AND 00/100 DOLLARS C. Checking and Inspection Fees: $ THREE THOUSAND FOUR HUNDRED FIFTY AND 00/100 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #3 NINE HUNDRED SIXTEEN AND 00/100 DOLLARS G. One Year Power Cost: SEVENTY-FIVE AND 00/100 DOLLARS H. Street Trees: I. Map Checking Fee: THREE HUNDRED EIGHTY-ONE AND 00/100 DOLLARS J. Park Fee: Zone I Acct # 480-416-011 $ 69,000.00 $ 69,000.00 3,450.00 N/A $ 1,000.00 $ 916.00 $ 75.00 By Developer $ 381.00 $ 47,250.00 FORTY-SEVEN THOUSAND TWO HUNDRED FIFTY AND 00/100 DOLLARS K. Water Main Reimbursement: N/A L. Maps and/or Improvement Plans: As specified in Item #23 of agreement