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CC Resolution No. 7352 RESOLUTION NO, 7352 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING PARCEL MAP AND IMPROVEMENT PLANS OF PROPERTY LOCATED AT THE SOUTHWEST CORNER OF BOLLINGER AND DE FOE DRIVE; DEVELOPER, MICHAEL E, PICETTI AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT; AUTHORIZING SIGNING OF PARCEL MAP AND IMPROVEMENT PLANS WHEREAS, there has been presented to the City Council for approval of the parcel map and improvement plans of property located at the southwest corner of Bollinger Road and De Foe Drive by Michael E. Picetti; 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 (letter of credit), 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 TRAT a, Said parcel map and improvement plans herein referred to are hereby approved, b. The offer of dedication for street areas and 911 easements is hereby accepted. c, The City Engineer is hereby authorized to sign said improvement plans. d, The City Engineer and the City Clerk are hereby authorized to sign said parcel map and have it recorded, 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 on the 2nd day of November. 1987 by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Gatto, Johnson, Plungy, Rogers, Sparks None None None i RESOLUTION NO, 7352 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: RESIDENTIAL MICHAEL E, PICETTI LOCATION: SOUTHWEST CORNER OF BOLLINGER ROAD AND DE FOE DRIVE A. Faithful Performance Bond: TWENTY TWO THOUSAND AND NO/100 DOLLARS B. Labor and Material Bond: TWENTY TWO THOUSAND AND NO/IOO DOLLARS C, Checking and Inspection Fee: ONE THOUSAND THREE HUNDRED TWENTY AND NO/100 DOLLARS D, Indirect City Expenses: ONE HUNDRED NINETY EIGHT AND NO/100 DOLLARS E, Development Maintenance Deposit: ONE THOUSAND AND NO/100 DOLLARS F, Storm Drainage Fee, EIGHT HUNDRED EIGHT AND NO/100 DOLLARS G, One Year Power Cost: H, Street Trees: By Developer I. Map Checking Fee: TWO HUNDRED TEN AND NO/100 DOLLARS J, Park Fee: EIGHTEEN THOUSAND THREE HUNDRED SIXTY AND NO/100 DOLLARS K, Water Main Extension Deposit: L, Maps and/or Improvement Plans: $22,000,00 $22,000,00 $ 1,320.00 $ 198,00 $ 1,000.00 $ 808,00 N/A $ 210,00 $18,360.00 N/A N/A RESOLUTION NO, 7352 ATTEST: APPROVED: _/SI Dorothy Cornelius City Clerk /s/ W. Reed Sparks Mayor, City of Cupertino