CC Resolution No. 99-201RESOLUTION NO. 99-201
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
APPROVING THE FINAL MAP OF TRACT NO. 9143, LOCATED AT
10525 MILLER AVENUE; DEVELOPER PACIFIC RIM FiNANCIAL
CORPORATION, A CALIFORNIA CORPORATION; ACCEPTING CERTAIN
EASEMENTS; AUTHORIZING SIGNING OF FINAL MAP AND
EXECUTION OF AGREEMENT
WHEREAS, there has been presented to the City Council for approval and for
authorization to record final map of Tract No. 9143, located at 10525 Miller Avenue, showing
certain avenues, drives, places, and roads by Pacific Rim Financial Corporation, a California
Corporation; 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 of Tract No. 9143, be and the same is 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.
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 6th day of July, 1999, by the following vote:
Vote
Members of the City Council
AYES: Burnett, Chang, Dean, James, Statton
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
City Clerk
APPROVED:
Resolution No. 99-201
Page 2
DEVELOPMENT:
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
Tract No. 9143
Pacific Rim Financial Corporation, a California Corporation
LOCATION: 10525 Miller Avenue
Faithful Performance Bond:
A. Off-Site: $176,000.00
On-Site: $ 36,000.00
ONE HUNDRED SEVENTY-SIX THOUSAND AND 00/100 DOLLARS
B. Labor and Material Bond: $176,000.00
ONE HUNDRED SEVENTY-SIX THOUSAND AND 00/I 00 DOLLARS
C. Checking and Inspection Fees:
TEN THOUSAND SIX HUNDRED AND 00/100 DOLLARS
D. Indirect City Expenses:
E. Development Maintenance Deposit:
THREE THOUSAND AND 00/100 DOLLARS
$ 10,600.00
F. Storm Drainage Fee: Basin #3 $
TWO THOUSAND SIX HUNDRED FIFTY-FIVE AND 00/100 DOLLARS
G. One Year Power Cost:
THREE HUNDRED AND 00/100 DOLLARS
N/A
3,000.00
H. Street Trees:
I. Map Checking Fee:
FIVE HUNDRED FOUR AND 00/100 DOLLARS
2,655.00
$ 300.00
By Developer
$ 504.00
J. Park Fee: $ 141,750.00
ONE HUNDRED FORTY-ONE THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS
K. Water Main Reimbursement:
N/A
L. Maps and/or Improvement Plans: As specified in
Item #23 of agreement