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CC Resolution No. 7192 RESOLUTION NO. 7192 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE FINAL MAP AND IMPROVEMENT PLANS OF TRACT NO. 8016 LOCATED ON SALEM AVENUE DEVELOPER THRUST IV 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. 8016 located on Salem Avenue and Foothill Boulevard showing certain avenues, drives, places, and roads by Thrust IV; 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 8016, be and the same are hereby approved. b. The offer of dedication for roadway and for easements is here- by 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 execute the agreement herein referred to. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino on the 18th day of May ,1987, by the following vote: Vote Members of the City_Council AYES: Gatto, Johnson, Rogers, Sparks NOES: None ABSTAIN: None ABSENT: Plungy ATTEST: APPROVED: /s/ Dorothy Cornelius City Clerk /s/ W. Reed SpRrks Mayor, City of Cupertino EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: TRACT NO. 8016, THRUST IV LOCATION: SALEM AVENUE AND FOOTHILL BOULEVARD A. Faithful Performance Bond: One Hundred Ninety-Five Thousand and no/100------------- B. Labor and Material Bond: One Hundred Ninety-Five Thousand and no/100------------- C. Checking and Inspection Fee: Nine Thousand Seven Hundred Fifty and no/100------------ D. Indirect City Expenses: One Thousand Four Hundred Sixty and no/100-------------- E. Map Filing Fee: One Hundred Forty and no/100---------------------------- F. Development Maintenance Deposit: Three Thousand and no/100------------------------------- G. Storm Drainage Fee: Refund Five Thousand Four Hundred Ninety-Two and no/100-------- H. One Year Power Cost: Seventy Two and no/100---------------------------------- I. Street Trees: J. Park Fee: Zone No.1 Ninety-One Thousand Eight Hundred and no/100------------ K. Water Main Extension Deposit: L. Maps and/9r Improvement Plans: M. Signalization Participation: Salem Ave. & Foothill Blvd. Ten Thousand Five Hundred and no/100 $195,000.00 $195,000.00 $ 9,750.00 $ 1,460.00 $ 140.00 $ 3,000.00 ($ 5,492.00) $ 72.00 BY DEVELOPER $ 91,800.00 N/A BY DEVELOPER $ 10,500.00