CC Resolution No. 7560
RESOIIJTION NO. 7560
A RESOIIJTION OF THE CITY OXJNCIL OF '1f!E CITY OF OJk'Uti'.uíO
APPOOVING PARCEL MAP AND IMPROVEMENT PIANS OF PROPERI'Y
LOCATED ON MANITA roJRl', DEVEIDPER JBK VEN'lURE,
A CALIFORNIA GENERAL PARI'NERSHIP, AUTHORIZING EXEaJI'ION OF
AGREEMENT; AUIHORIZING SIGNING OF PARCEL MAP AND IMPROVEMENT PIANS
WHERFAS, there has Peen presented to the City Council for approval of
the parcel map ani :iJtprovemen:t plans of property located on Manita Court
Þy JBK venture, a California General Partnership; ani
WHERFAS, ther has Peen presented to the city Council, a proposed
agreement for the construction of streets, curbs, ani gutters, ani for
other in{Jrovements, ani good ani sufficient I:>oOOs (letter of credit), fees
ani deposits as set forth in ExhiPit "A" havin:.J Peen presented for the
faithful perfo:nnance of said work ani the canyin:.J out of said agreement;
ani said map, agreement, ani I:>oOOs havin:.J Peen approved Þy the city
Attorney;
NCM, 'IHEREFORE, BE IT RESOLVED '!HAT
a. Said parcel map ani :iJtprovemen:t plans herein referred to are
hereI:Jy awroved·
Þ. ihe offer of dedication for street areas and all easements is
hereI:Jy accepted.
c. ihe City En;Jineer is hereI:Jy authorized to sign said in{Jrovement
plans.
d. ihe city En;Jineer ani the City Clerk are hereI:Jy authorized to
sign said parcel map ani have it recorded.
e. ihe Mayor ani the City Clerk are hereI:Jy authorized to execute the
ag1:eement herein referred to.
PASSED AND AOOPl'ED at a regular meetin:.J of the City Council of the
City of CUpertino this 18th day of Tnly , 1988, Þy the followin:.J
vote:
vote
MemI:>ers of the Citv Council
AYES:
NOFS:
ABSENT:
ABSTAIN:
Johnson, Koppel, P1ungy, Rogers, Gatto
None
None
None
ATI'EST:
APPROVED:
/R/ nnrnt"hy r.nrnølil1Q
city Clerk
/s/ John M. Gatto
Mayor, City of CUpertino
:Resolution No. 7560
EXHIBIT "A"
SOIEOOIE OF OOND, FEES, AND DEEOSITS
DEVEIDFMENI':
Sln;¡'le-Family !Mellin:.J
JBK Venture, A California Partnership
IDCATION:
Manita Court
A. Faithful Performance Bond: $ 47,932.00
FORI'Y SEVEN THCXJSAND NINE HUNDRED 'IHIRl'Y 'rOO AND 00/00 OOLIARS
B. Labor ani Material Bond: $ 47,932.00
FORI'Y SEVEN '!HOUSAND NINE HUNDRED THIRIY 'rOO AND 00/00 OOLIARS
c. Q1eckin;¡' ani Inspection Fee: $ 2,397.00
'rOO THOOSAND 'IHREE HUNDRED NINEI'Y SEVEN AND 00/00 OOLIARS
D. Indirect city Expenses:
'IHREE HUNDRED FIFTY NINE AND 00/00 OOLIARS
E. Develo¡::anent Maintenance Deposit:
ONE THOOSAND AND 00/00 OOLIARS
F. Storm Drainage Fee:
SEVEN HUNDRED AND 00/00 OOLIARS
G. One Year Power Cost:
$ 359,00
$ 1,000.00
$ 700,00
NfA
By Developer
$ 210.00
H. street Trees:
I, Map c::heckin:J Fee:
'rOO HUNDRED TEN AND 00/00 OOLIARS
J. Park Fee: $ 21,954.00
'IWENl'Y ONE THCXJSAND NINE HUNDRED FIFTY FOUR AND 00/00 OOLIARS
K. Water Main Extention Deposit:
L. Maps aOOjor Inprovement Plans:
NfA
N/A