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CC Resolution No. 7670 RESOWl'ION NO. 7670 A RESOWl'Iœ OF '!HE CITY OXJNCIL OF '!HE CITY OF aJPERI'INO APPROVING PARCEL MAP AND IMPROVEMENl' PlANS OF PROPERI'Y IDCATED 1œ :u::MITA AVENUE AND PASADENA AVENUE, DEVELOPER WILLIAM ARIHUR KINST AND MARGAREI' WIlSON KINST, AtJIHJRIZING SIGNmG OF PARCEL MAP AND IMPROVEMENl' PlANS WHEREAS, there has been presented to the city Council for approval of the parcel map an:i iJrprovement. plans of property located at Lanita Avenue an:i Pasadena Avenue by William Arthur Kinst an:i Margaret wilson Kinst; an:i WHEREAS, there has presented to the city Council a p1:qxJSed agreement for the construction of streets, c:w:bs, an:i gutters, an:i for other ÎIli>rovements, an:i good an:i sufficient borrls (letter of credit), fees, an:i deposits as set forth in Exhibit "A" havirç been presented for the faithful perfcmnanoe of said 1IIOrk an:i the can:yirç out of said agreement; an:i said map, ag:¡:eement, an:i borrls havirç been approved by the city At.ton1ey; NCM, ~U!(t;, BE IT RESOLVED '!HAT a. Said parcel map an:i ÎIli>rovement plans herein referred to are hereby approved. b. 'nIe offer of dedication for street areas an:i all easements is hereby accepted. c. 'nIe City ~ineer is hereby authorized to sign said ÎIli>rovement plan. d. 'nIe city ~ineer am the City Clerk are hereby authorized to sign said parcel map an:i have it recorded. e. 'nIe Mayor an:i the City Clerk are hereby authorized to execute the agreement herein referred to. PASSED AND AOOPl'ED at a regular meetirç of the City Council of the City of Olpertino this 71 Rt day of Novpmhpr , 1988, by the following vote: vote AYES: Members of the city Council Gatto. Johnson, Koppel. Rogers, Plungy NOES: None ABSENT: None ABSTAIN: None RESOWl'Iœ NO. 7670 A'l'l'EST : APPROVED: /s/ Dorothy Cornelius city Clerk /s/ John J. Plungy. Jr. Mayor, City of Olpertino EXHIBIT "A" DEVEIDæENT: RESOWl'Iœ NO. 7670 ~ WILLIAM ARIHlJR KINST AND MAR:;AREr WIIBON KINST I.OCATIœ: IafiTA AVENUE AND PASADENA AVENUE A. Faithful Performance Bon:i: $ 29,528.00 'IWENT1l-NINE 'IHXJSAND FIVE HUNœED 'IWENT1l-EIGIfi' AND 00/100 OOLIARS B. Labor an:i Material Bon:i: $ 29,528.00 'IWENT1l-NINE 'IHXJSAND FIVE HUNœED 'IWENT1l-EIGIfi' AND 00/100 OOLIARS C. 01ec::k:in;J an:i Inspection Fee: ONE 'IHXJSAND FtXJR HUNœED SEVEN'lY-SIX AND 40/100 OOLIARS D. In:lirect City Expenses: 'lID HUNœED 'IWENT1l~ AND 46/100 OOLIARS E. Develc:pnent Maintenance Deposit: ONE 'IHOOSAND AND 00/100 OOLIARS F. storm Drainage Fee: 'lID HUNDRED FORrY-FIVE AND 10/l00 OOLIARS G. One Year Power Cost: SEVEN'lY-'IID AND 00/100 OOLIARS H. street Trees: I. Map 01ec::k:in;J Fee: 'lID HUNœED TEN AND 00/100 OOLIARS J. Park Fee: Zone: II 48-0000-416-022 EIEVEN 'IHXJSAND 'lID HUNœED NINElY AND 75/l00 OOLIARS K. Water Main Extension Deposit: 'lID 'IHXJSAND 'lID HUNœED EIGIfi' AND 72/100 OOLUIRS L. Maps and/or Inprovement Plans: $ l,476.40 $ 221.46 $ l,OOO.OO $ 245.10 $ 72.00 By Developer $ 2l0.00 $ 11,290.75 $ 2,208.72 As specified in Item 23