CC Resolution No. 98-150RESOLUTION NO. 98-150
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
APPROVING THE FINAL MAP AND IMPROVEMENT PLANS OF TRACT
NO. 9054, OAK VALLEY, UNIT 1, LOCATED ON CRISTO REY DRIVE;
DEVELOPER, THE ROMAN CATHOLIC BISHOP OF SAN JOSE, A
CALIFORNIA CORPORATION SOLE AND THE O'BRIEN GROUP,
A CALIFORNIA CORPORATION; ACCEPTING CERTA1N 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. 9054, Oak Valley, Unit 1, located on Cristo
Rey Drive, showing certain avenues, drives, places, and roads by The Roman Catholic
Bishop of San Jose, a California Corporation Sole and The O'Brien Group; 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
Said final map and improvement plans of Tract No. 9054 be and the same
are hereby approved.
Said final map shall be recorded subject to payment of fees and bonds and
approval of the Board of Supervisors regarding agreement made by the
County of Santa Clara, City of Cupertino, and the developer as required by
conditions of approval of the approved tentative map.
c. The offer of dedication for roadway and for easements is hereby accepted.
The City Engineer and the City Clerk are hereby authorized to sign said
final map.
e. The City Engineer is hereby authorized to sign the improvement plans.
The Mayor and the City Clerk are hereby authorized to execute the
agreement herein referred to.
Resolution No. 98-150
Page 2
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Cupertino this 15th day of June, 1998, by the following vote:
Vote Members of the City Council
AYES: BURNETT, DEAN, JAMES, STATTON, CHANG
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
ATTEST:
Mayor, City of Cupertino
Resolution No. 98-150
Page 3
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT:
LOCATION:
Tract No. 9054, Oak Valley, Unit 1
The Roman Catholic Bishop of San Jose and
The O'Brien Group
Cristo Rey Drive
A. Faithful Performance Bond: On-site Improvements;
Offsite Improvements:
Landscape
Joint Trench:
FOUR HUNDRED TWENTY THOUSAND AND 00/100 DOLLARS
$ 420,000.00
$ 740,000.00
$ 17,000.00
$ 8O,O0O.OO
B. Labor & Material Bond: On-site Improvements:
Offsite Improvements:
Landscape
FOUR HUNDRED TWENTY THOUSAND AND 00/100 DOLLARS
$ 420,000.00
$ 740,000.00
$ 17,000.00
C. Checking & Inspection Fees: $ 58,850.00
FIFTY-EIGHT THOUSAND EIGHT HUNDRED FIFTY AND 00/100 DOLLARS
D. Indirect City Expenses:
N/A
E. Development Maintenance Deposit:
THREE THOUSAND AND 00/100 DOLLARS
$ 3,000.00
F. Storm Drainage Fee: Basin 2 $ 16,641.00
SIXTEEN THOUSAND SIX HUNDRED FORTY-ONE AND 00/100 DOLLARS
G. One Year Power Cost:
TWO HUNDRED TWENTY-FIVE AND 00/100 DOLLARS
$ 225.00
H. Street Trees: By Developer
I. Map Checking Fee:
FOUR HUNDRED NINETY-ONE AND 00/100 DOLLARS
$ 491.00
-- J. Park Fee: Zone I *
Resolution No. 98-150
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K. Water Main Reimbursement:
N/A
Maps &/or Improvement Plans:
As specified in
Item #23 of agreement
Water Tank Reimbursement: City's Share:
St. Joseph's Ave. (25' vacation):
Credit to The O'Brien Group:
Less discount 10%:
Total Credit to The O'Brien Group:
<$250,000.00>
$125,000.00 (Due to City)
<$125,000.00>
$12~500.00
<$112,500.00>
* Three (3) lots dedicated to the City of Cupertino, Lot No. 2 and Lot 13 in Neighborhood 3, Lot No. 11 in
Neighborhood 2. Developer agrees that the City will record, at its discretion, Tract No. 9075, and fees and
bonds will be due prior to issuance of building permits in this event.
No building permit shall be issued after twenty-five percent (25%) of the total units are finaled
without the water tank being built and put into operation.