CC Resolution No. 7246
RESOLUTION NO. 7246
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
APPROVING THE FINAL MAP AND IMPROVEMENT PLANS OF
TRACT NO. 7995, SEVEN SPRINGS
LOCATED ALONG STELLING ROAD
DEVELOPER GREGORY GROUP, INC.
ACCEPTING CERTAIN EASEMENTS; AUTHORIZING SIGNING OF FINAL
MAP AND IMPROVEMENT 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. 7995, Seven Springs
located along 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. 7995, be
and the same are hereby approved.
b. The offer of dedieation for roadway and for easements is hereby
accepted.
c. The Gity 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
City of Cupertino on the
vote:
a regular meeting
6th day of ,J"ly
of the City Couneil of the
, 1987, by the following
RESOLUTION NO. 7246
Vote
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
Members of the City Council
Gatto, Johnson, Rogers, Sparks
Plungy
None
None
/s/ Dorothy Cornelius
City Clerk
APPROVE:
/s/ W. Reed Sparks
Mayor, City of Cupertino
Resolution No. 7246
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT TRACT NO. 7995, SEVEN SPRINGS
GREGORY GROUP, INC.
LOCATION: STELLING ROAD
PART A. Faithful Performance Bond:
EIGHT HUNDRED TEN THOUSAND AND 0/100 DOLLARS
Site
Landscaping
FIVE HUNDRED NINETY EIGHT THOUSAND AND 0/100 DOLLARS
Recreational Facilities
PART B. Labor and Material Bond: Site
EIGHT HUNDRED TEN THOUSAND AND 0/100 DOLLARS
Landscaping
FIVE HUNDRED NINETY EIGHT THOUSAND AND 0/100 DOLLARS
Recreational Facilities
PART C. Checking and Inspection Fee: Site
FORTY EIGHT THOUSAND SIX HUNDRED AND 0/100 DOLLARS
Landscaping
THIRTY FIVE THOUSAND EIGHT HUNDRED EIGHTY AND 0/100 DOLLARS
Reereational Facilities
PART D. Indireet City Expenses: Site
SEVEN THOUSAND TWO HUNDRED NINETY AND 0/100 DOLLARS
Landseaping
FIVE THOUSAND THREE HUNDRED EIGHTY TWO AND 0/100 DOLLARS
PART E. Map Filing Fee:
TWO HUNDRED EIGHTY AND 0/100 DOLLARS
PART F. Development Maintenance Deposit:
THREE THOUSAND AND 0/100 DOLLARS
PART G. Storm Drainage Fee:
TWENTY SEVEN THOUSAND NINETY AND 0/100 DOLLARS
(System A oversizing credit)
(FIFTEEN THOUSAND TWO HUNDRED FIFTY SEVEN AND 0/100 DOLLARS)
PART H. One Year Power Cost:
PART I. Street Trees:
PART J. Park Fees:
ZONE II
TWO HUNDRED SIX THOUSAND
810,000
598,000
810,000
598,000
48,600
35,880
7,290
5,382
280
3,000
27,090
(15,257)
N/A
By Developer
206,975
NINE HUNDRED SEVENTY FIVE AND 0/100 DOLLARS
PART K. Water Main Extension Deposit:
By Seperate
Agreement