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CC Resolution No. 7332 RESOLUTION NO. 7332 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE FINAL MAP AND IMPROVEMENT PLANS OF TRACT NO, 7993-UNIT 2, LOCATED STELLING ROAD, DEVELOPER GREGORY GROUP, INC, , ACCEPTING CERTAIN EASEMENTS: AUTHORIZING SIGNING OF FINAL MAP AND I}ŒROVEMENT PLANS: AUTHORIZING THE EXECUTION OF AGREEMENT IN CONNECTION THEREWITH WHEREAS, there has been presented to the City Council for approval and for authorization to record final map of Tract No. 7993, Unit 2-Seven Springs located on Stelling Road showing certain avenues, drives, places, and roads by Gregory Group, Inc,; 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, 7993, Unit 2, Seven Springs, 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 Gity Council of the City of Cupertino on the 17th day of October , 1987, by the following vote: Vote Members of the City Council Gatto, Johnson, P1ungy, Rogers, Sparks None None None AYES, NOES, ABSENT: ABSTAIN: ATTEST: APPROVED: Isl Dorothy Cornelius City Clerk Is/ W, Reed Sparks Mayor, City of Cupertino Resolution No, 7332 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT TRACT NO, 7993, Unit 2, Seven Springs Gregory Group, Inc, Ste II ing Road A, Faithful Performance Bond: $ 113,000,00 ONE HUNDRED THIRTEEN THOUSAND AND NoI100 DOLLARS B, Labor and Material Bond: $ 113,000,00 ONE HUNDRED THIRTEEN THOUSAND AND NOIIOO DOLLARS C, Checking and Inspection Fee: $ 6,780.00 SIX THOUSAND SEVEN HUNDRED EIGHTY AND NOIIOO DOLLARS D, Indirect City Expenses: $ 1,020,00 ONE THOUSAND TWENTY AND NoI100 DOLLARS E, Map Filing Fee: $ 114, 00 ONE HUNDRED FOURTEEN AND NOllOO DOLLARS F. Development Maintenance Deposit: $ 3,000.00 THREE THOUSAND AND NOllOO DOLLARS G, Storm Drainage Fee: $ 8,449,50 EIGHT THOUSAND FOUR HUNDRED FORTY NINE AND 50/100 DOLLARS H, One Year Power Cost: $ 144,00 ONE HUNDRED FORTY FOUR AND NOllOO DOLLARS 1. Street Trees: By Developer J, Park Fee: Zone $ 32,130,00 DOLLARS THIRTY TWO THOUSAND ONE HUNDRED THIRTY AND NOI100 K, Water Main Extension Deposit: By Seperate Agreement L. Maps and lor Improvement Plans, By Developer