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CC Resolution No. 7618 RESOIlJTION NO. 7618 A RESOIlJTION OF THE CITY CXXJNCIL OF '!HE CITY OF aJPERl'INO APPROVING DIPROVEMENT PIAN FOR PROPERI'Y IDCATED ON MIRAM:)Nl'E ROAD; DEVEIDPER, H. W. & ASSOCIATES INVES'IMENT <n1PANY; AUTHORIZmG THE CITY ENGINEER TO SIGN '!HE DIPROVEMENT PIAN; AND AUTHORIZmG EXEaJI'ION OF AGREEMENl' m OONNECI'ION THEREWITH WHERlIS, there has been presented to the city Council for appro<1al of the iJI1provement plan for the iJI1provement of property located on Miramonte Raod; and WHEREAS, there has been presented to the city Council a proposed agreement for the construction of streets, cw:i:Js, gutters and sidewalks and for other inprovements, and good an 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 agreement; and said plan, agreement, and bonds having been approved by the City Attorney; NOO, 'IHEREFORE, BE IT RESOLVED that said inprovement plan for property located on Miram:mte Read be and the same is, hereby, appro<1ed; and the City Engineer is hereby authorized to sign said final plan; and the Mayor and the City Clerk are hereby authorized to execute the agreement herein referred to in behalf of the City of CUpertino. PASSED AND ADOPI'ED at a regular meeting of the City Council of the City of CUpertino this 19th day of September , 1988, by the following vote: vote Members of the Citv Council AYES: Johnson, Koppel, Plungy, Rogers. Gatto NOES: None ABSENT: None ABSTAIN: None ATI'FST: APPROVED: /s/ Dorothv Cornelius city Clerk /s/ John M. Gatto Mayor, city of CUpertino RESOIlJTION NO. 7618 EXHIBIT "A" SCHEI:u.Œ OF B:iND, FEES, AND DEroSITS DEVEIDIMENI': Residential H. W. & Associates InvestJnent Company LOCATION: MiranDnte Road A. Faithful Performance Bond: $ 25,690.00 'IWENTY FIVE 'IHOOSAND SIX HUNDRED NINEl'Y AND 00/100 OOLIARS B. Labor and Material Bond: $ 25,690.00 'IWENTY FIVE 'IHOOSAND SIX HUNDRED NINEl'Y AND 00/100 OOLIARS C. Checking and Inspection Fee: $ 1,284.50 ONE 'IHOOSAND 'lm HUNDRED EIGHI'Y FOUR AND 50/100 OOLIARS D. Indirect City Expenses ONE HUNœED NINEl'Y-'IID AND 68/100 OOLIARS E. Devel~""""'tt Maintenance Deposit: FIVE HUNDRED AND 00/100 OOLIARS F. Sto:m Drainage Fee: SEVEN HUNDRED FORlY-FIVE AND 62/100 OOLIARS G. One Year Power Cost: 'IHIRI'Y SIX AND 00/100 OOLIARS H. street Trees: $ 192.68 $ 500.00 $ 745.62 36.00 I. Map Checking Fee: 'lm HUNœED TEN AND 00/100 OOLIARS J. Park Fee: By Developer NjA N/A K. Water Main ReiJnbursement to City 'lm 'IHOOSAND 'lEREE HUNœED AND 00/100 OOLIARS $ 2,300.00