CC Resolution No. 7521
RESOWl'ION NO. 7521
A RESOWl'ION OF nm CI'lY CXXJNCIL OF nm CI'lY OF aJPERI'INO
APPROVING PARCEL MAP AND IMPROVEMENT PIANS OF PROPERI'Y LOCATED ON
nm SOUl'HWEST roRNER OF IDŒ'STEAD ROAD AND NORIH
DEANZA BJUIEVARD; DEVEIDPER, MARIANI GI<CIUP OF cx:ro>ANIES
AUIHORIZING EXEa1I'ION OF IMPROVEMENT AGREEMENT;
AIJIHORIZING SIGNING OF PARCEL MAP AND IMPROVEMENT PIANS
WHEREAS, there has been presented to the city Council for approval of
the parcel map am inprovement plans of property located on the southwest
corner of Hanestead Road am North DeAnza Boulevard by Mariani Group of
Can'panies; am
WHEREAS, there has been presented to the city Council a proposed
agreement for the construction of streets, curlJs, am gutters, am for
other ~rovements, am good am sufficient boros (letter of credit),
fees, am deposits as set forth in Exhibit "A" havin;J been presented for
the faithful performance of said work am the canyin;J out of said
agreement; am said map, agreement am boros havin;J been approved by the
City Attorney;
NCM, THEREFORE, BE IT RESOLVED '!HAT
a. Said parcel map am ~rovement plans herein referred to are
hereby approved.
b. The offer of dedication f= street areas am all easements are
hereby accepted.
c. The city Engineer is hereby authorized to sign said ~rovement
plans.
d. The City Engineer am the City Clerk are hereby authorized to
sign said parcel map am have it recorded.
e. The Mayor am the City Clerk are hereby authorized to execute the
agreement herein referred to.
PASSED AND AOOPI'ED at a
City of CUpertino this 6th
followin;J vote:
regular meetin;J of the city council of the
day of June 1988 by the
RESOWl'ION NO. 7521
vote Members of the city Council
AYES: Koppel, Plungy, Rogers, Gatto
NOES: None
ABSENT: Johnson
ABSTAIN: None
ATl'EST:
/s/ Roberta A. Wolfe
Deputy City Clerk
APPROVED:
/s/ John M. Gatto
Mayor, City of CUpertino
RESOWl'ION NO. 7521
EXHIBIT "A"
saIEIXJIE OF IÐND, FEES, AND DEIœITS
DEVEIDæENl': Cœ1mercial
LOCATION:
Mariani Group of Canpanies
Southwest Comer of Haœstead Road am N. DeAnza Boulevard
A. Faithful Performance Bond:
Fifty-five Thousand am no/100 Dollars
B. labor am Material Bond:
Fifty-five Thousand am no/100 Dollars
C. Olecking am inspection Fee:
'1hree Thousand '1hree HI.IMred am no/100
D. Indirect City Expenses:
Four HI.IMred Ninety-five am no/100 Dollars
E. Develq:ment Maintenance Deposit:
One 'Ihousand am no/100 Dollars
F. StoJ:m Drainage Fee:
'IWo HI.IMred Ninety-six am no/100 Dollars
G. One Year Power Cost:
One HI.IMred Fifty am no/100 Dollars
H. street Trees:
$55,000.00
$55,000.00
$ 3,300.00
$ 495.00
$ 1,000.00
$ 296.00
$ 150.00
I. Map Olecking Fee:
'IWo HI.IMred Ten am no/100 Dollars
J. Park Fee: $N/A
By Developer
$ 210.00
K. Water Main Extension Deposit NjA
L. Maps am¡or Inprovement Plans: As specified in Item 23 of agreement
M. Deposit for UI'dergrouIñirJ
'IWenty-nine Thousand am no/100 Dollars
The Developer agrees to provide the City with a cash deposit for the
conversion of overl1ead utility wires to an urxiergrouIñ location. Said
deposit is shown on page 3, part M herein. Said deposit shall be held for
ten (10) years am used by the City solely for the p.mlic street frontage
on the parcel covered by this agreement. After ten years frcm the date
above, deposit may be returned upon Developer's formal request.
$29,000.00