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CC Resolution No. 7306 RESOLUTION NO, 7306 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING FINAL PLAN FOR THE IMPROVEMENT OF FRONTAGE LOCATED ON OLIVE AVENUE AND IMPERIAL AVENUE DEVELOPER, WILLIAM IRWIN AUTHORIZING THE CITY ENGINEER TO SIGN THE FINAL PLAN; AND AUTHORIZING EXECUTION OF AGREEMENT IN CONNECTION THEREWITH WHEREAS, there has been presented to the City Council for approval of the final plan for the improvement of street frontage located at Olive Avenue and Imperial Avenue by William Irwin; and WHEREAS, there has been presented to the City Council a proposed agreement for the construction of streets, curbs, gutters, sidewalks, 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 plan, agreement, and bonds having been approved by the City Attorney; NOW, THEREFORE, BE IT RESOLVED that said final plan for the improvement of street frontage on Olive Avenue and Imperial Avenue be and the same is, hereby, approved; and the City Engineer is hereby authorized to sign said final plan; and the Mayor and the City Clerk are hereby authorized to execute the agreement herein referred to in behalf of the City of Cupertino, PASSED AND ADOPTED this the following vote: 8th day of Seotember , 1987, by Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Johnson, P1ungy, Rogers, Sparks None Gatto None ATTEST: APPROVED: Isl Dorothy Cornelius City Clerk Isl W. Reed Sparks Mayor, City of Cupertino EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: COMMERCIAL DEVELOPMENT WILLIAM AVERY LOCATION: OLIVE AVENUE AND IMPERIAL AVENUE A, Faithful Performance Bond, EIGHTEEN THOUSAND SIX HUNDRED AND NOllOO DOLLARS B, Labor and Material Bond: EIGHTEEN THOUSAND SIX HUNDRED AND NollOO DOLLARS C, Checking and Inspection Fee: ONE THOUSAND ONE HUNDRED TEN AND NoI100 DOLLARS D. Indirect City Expenses: ONE HUNDRED SEVENTY AND NOllOO DOLLARS E, Development Maintenance Deposit: ONE THOUSAND AND NOIIOO DOLLARS F, Storm Drainage Fee: ONE HUNDRED SIXTY THREE AND NOllOO DOLLARS G. One Year Power Cost: THIRTY SIX AND NoI100 DOLLARS H, Street Trees: By Developer I. Map Checking Fee: J, Park Fee: K. Water Main Extension Deposit: ONE THOUSAND FOUR HUNDRED THIRTEEN AND NollOO DOLLARS L, Maps andlor Improvement Plans: Resolution No, 7306 $18,600,00 $18,600,00 $ 1,110,00 $ 170.00 $ 1,000.00 $ 163,00 $ 36.00 NIA NIA $ 1,413.00 NIA