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CC Resolution No. 98-263RESOLUTION NO. 98-263 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE PARCEL MAP AND IMPROVEMENT PLANS OF PROPERTY LOCATED AT 10345 TULA LANE, APN 359-13-023; DEVELOPER, E & H THIRD FAMILY L.P., A CALIFORNIA LIMITED PARTNERSI4IP; AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT; AUTHORIZING SIGNING OF PARCEL MAP AND IMPROVEMENT PLANS WHEREAS, there has been presented to the City Council for approval of the parcel map and improvement plans ofprnperty located at 10345 Tula Lane, APN 359-13-023 by E & H Third Family L.P., a California Limited Parmership; 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 mad sufficient bonds (letter of credit), 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 1T RESOLVED THAT: Said parcel map and improvement plans herein referred to are hereby approved. The offer of dedication for street areas and all easements is hereby accepted. The City Engineer is hereby authorized to sign said improvement plans. The City Engineer and the City Clerk are hereby authorized to sign said parcel map and have it recorded. The Mayor and the City Clerk are 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 this 19t~ day of October, 1998, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: BURNETT, DEAN, JAMES, STATTON, CHANG NONE NONE NONE ATTEST: PRO~V : . Mayor, City of Cupertino Resolution No. 98-263 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single Family Homes E & H Third Family, L. P., a California Limited Partnership LOCATION: 10345 Tula Lane A. Faithful Performance Bond: Off-site $ 94,500.00 On-site $ 29,000.00 NINETY-FOUR THOUSAND FIVE HU2qDRED AND 00/100 DOLLARS TWENTY-NINE THOUSAND AND 00/100 DOLLARS B. Labor and Material Bond: $ 94,500.00 NINETY-FOUR THOUSAND FIVE HUNDRED AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 6,175.00 SIX THOUSAND ONE HUNDRED SEVENTY-FIVE AND 00/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS $ 1,000.00 F. Storm Drainage Fee: Basin #3 $ 1,290.00 ONE THOUSAND TWO HUNDRED NINETY AND 00/100 DOLLARS G. One Year Power Cost; N/A H. Street Trees: By Developer I. Map Checking Fee: FOUR HUNDRED NINETEEN AND 00/100 DOLLARS $ 419.00 J. Park Fee: Zone I SIXTY-THREE THOUSAND AND 00/100 DOLLARS $ 63,000.00 K. Water Main Reimbursement: N/A Maps and/or Improvement Plans: As specified in Item #23 of agreement