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CC Resolution No. 7205 RESOLUTION NO. 7205 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE FINAL MAP AND IMPROVEMENT PLANS OF TRACT NO. 7999, CUPERTINO ESTATES LOCATED ON RAINBOW DRIVE DEVELOPER CHARLES T. MASTERS 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 wap of Tract No. 7999, Cupertino Estates located on Rainbow Drive showing certain avenues, drives, places, and roads by Charles T. Masters; 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. 7999, Cupertino Estates, 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 in behalf of the City of Cupertino. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino on the 15th day of June, 1987, by the following vote: VOTE MEMBERS OF THE CITY COUNCIL AYES: Johnson, Gatto, P1ungy, Rogers, Sparks NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO. 7205 ATTEST: APPROVED: /s/ Dorothy Cornelius City C).erk /s/ W. Reed Sparks Mayor EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: TRACT NO. 7999, CUPERTINO ESTATES CHARLES T. MASTERS LOCATION: RAINBOW DRIVE A. Faithful Performance Bond: EIGHTY SIX THOUSAND AND NO/100 DOLLARS B. Lab9r and Material Bond: EIGHTY SIX THOUSAND AND NO/100 DOLLARS C. Checking and Inspection Fee: FOUR THOUSAND THREE HUNDRED AND NO/100 DOLLARS D. Indirect City Expenses: SIX HUNDRED FORTY FIVE AND NO/lOa DOLLARS E. Map Filing Fee: ONE HUNDRED EIGHTEEN AND NO/100 DOLLARS F. Development Maintenance Deposit: THREE THOUSAND AND NO/100 DOLLARS G. Storm Drainage Fee: TWO THOUSAND SIX HUNDRED NINETY SIX AND NO/100 DOLLARS H. One Year Power Cost: ONE HUNDRED EIGHT AND NO/100 DOLLARS I. Street Trees: J. Park Fee: Zone FORTY ONE THOUSAND THREE HUNDRED TEN ANÙ NO/100 DOLLARS K. Water Main Extension Deposit: L. Maps and/or Improvement Plans: M. Rainbow Drive Reimbursements: (Gregory Group Deposit) ELEVEN THOUSAND FIVE HUNDRED AND NO/100 DOLLARS N. Condemnation Deposit Overflow Release NINE THOUSAND AND NO/100 DOLLARS Resolution No. 7205 $86,000.00 $86,000.00 $ 4,300.00 $ 645.00 $ ll8.00 $ 3,000.00 $ 2,696.00 $ 108.00 BY DEVELOPER $41,310.00 N/A BY DEVELOPER $11,500.00 $ 9,000.00