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CC Resolution No. 6912 RESOLUTION NO, 6912 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING AGREEMENT FOR THE IMPROVEMENT OF STREET FRONTAGE ON SAN FELIPE ROAD AT MERCEDES ROAD; DEVELOPER, D, Shore; AND AUTHORIZING EXECUTION OF AGREEMENT IN CONNECTION THEREWITH WHEREAS, there has been presented to the City Council for approval a proposed agreement for the improvement of street frontage located on San Feltpe Road at Mercedes Road by D, Shore; and WHEREAS, said proposed agreement contains provisions 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 agreement, and bonds having been approved by the City Attorney; NOW, THEREFORE, BE IT RESOLVED that 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 21st day of July , 19~, by the following vote, Vote Members AYES: Gatto, Johnson, Plungy, Sparks, Rogers NOES, None ABSENT: None ATTEST: APPROVED: /s/ Dorothy Cornelius City Clerk /s/ Barbara A. Rogers Mayor Resolution No. 6912 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT, RESIDENTIAL, MR, D, SHORE LOCATION, SAN FELIPE ROAD AT MERCEDES ROAD A, Faithful Performance Bond, ONE THOUSAND AND NO/lOO DOLLARS (CASH DEPOSIT FOR CONSTRUCTION BY CITY $1,000.00 CUL-DE-SAC) B. Labor and Material Bond, N/A C. Checking and Inspection Fee: $ 50,00 FIFTY AND NO/lOO DOLLARS D. Indirect City Expenses, $ 10.00 TEN AND NO/lOO DOLLARS E. Map Filing Fee: N/A F. Development Maintenance Deposit: G, Storm Drainage Fee, TWO HUNDRED NINETY SIX AND NO/lOO DOLLARS $ 296.00 H. One Year Power Cost: N/A I, Street Trees, BY DEVELOPER J, Park Fees' ZONE NO. N/A K, Water Main Extension Deposit, SEVEN HUNDRED FOURTY NINE AND NO/lOO DOLLARS L, Overlay Fee (Mercedes Road) FIVE HUNDRED FIFTY FIVE AND NO/lOO DOLLARS $ 749,00 $ 555,00