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CC Resolution No. 7597 RESOLUTION NO. 7597 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE FINAL MAP AND IMPROVEMENT PLANS OF TRACT NO. 8118, LOCATED ON WILKINSON AVENUE; DEVELOPER, DIVIDEND DEVELOPMENT CORPORATION; ACCEPTING CERTAIN EASEMENTS; AUTHORIZING SIGNING OF FINAL MAP AND IMPROVEMENT PLANS; AUTHORIZING THE EXECUTION OF AGREEMENT IN CONNECTION THEREWITH WHEREAS, there has been presented to the City Council for approyal and for authorization to record final map of Tract No. 8118, located on Wilkinson Avenue showing certain avenues, drives, places and roads by Dividend Development Corporation; 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, 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 a. Said final map and improvement plans of Tract No. 8118, be and the same are hereby approved. b. The offer of dedication for roadway and for easements is hereby accepted. c. The City Engineer and the City Clerk are hereby authorized to sign said final map. d. The City Engineer is hereby authorized to sign the improvement plans. e. 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 6th day of September , 1988 by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Johnson, Koppel, Plungy, Rogers, Gatto None None None Resolution No. 7597 APPROVED: /s/ John M. Gatto Mayor, City of Cupertino ATTEST: /s/ Dorothy Cornelius City Clerk Resolution No. EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT· Tract No. 8118 DEVELOPER DIVIDEND DEVELOPMENT CORPORATION LOCATION Wilkinson Avenue E. MAP CHECKING FEE: One Hundred Thirty and no/100 Dollars $120,000.00 $120,000.00 $ 6,000.00 $ 900.00 $ 130.00 $ 3,000.00 $ 3,831.00 A. FAITHFUL PERFORMANCE BOND: One Hundred Twenty Thousand and no/100 Dollars B. LABOR AND MATERIAL BOND: One Hundred Twenty Thousand and no/100 Dollars C. CHECKING AND INSPECTION FEE: Six Thousand and no/100 Dollars D. INDIRECT CITY EXPENSES: Nine Hundred and no/100 Dollars F. DEVELOPMENT MAINTENANCE DEPOSIT: Three Thousand and no/100 Dollars G. STORM DRAINAGE FEE: Three Thousand Eight Hundred Thirty One and no/100 Dollars H. ONE YEAR POWER COST: N/A I. STREET TREES: By Developer J. PARK FEE: Zone $109,771.00 One Hundred Nine Thousand Seven Hundred One and no/100 Dollars K. WATER MAIN EXTENSION DEPOSIT: Eight Thousand Nine Hundred Four and no/100 Dollars $ 8,904.00 L. MAPS AND/OR IMPROVEMENT PLANS: As Sepcified in Item 23 of Agreement