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CC Resolution No. 3661 RESOLUTION N0. 366i A RESOLiJTION OF THE CITY COUNCIT., OF THE CITY OF CitPERTINO APPROVING ~INAL MA,P OF 'TRACT ' 52~9", 5 FAI:RC~AY:' VI I_: LOCAT~D ON ~ RAE LANE SOUTH OF MCCL~~ZAN ROAD D~VELOP~R MAY INVESTMENT COMPANY ACCLPTING CERTAIN PUBLIC SERVICE EASEMFNT9; AU.THORIZII~G: ~H~ CITX ~'NGIN~~R AND TH~ C~LTY'CLERK TO SIGN ~H.x' FINA~,; AND AUTHORZZING TH~ __'AGP.EEMENT 7N CONN~C'TION TH~R~WITH WHER~AS, ~Chere has been pres~n~ed to th~ City Council for approval and for authorizat3on to r~cord f3na~. map of ~ract 5239, Fairway VII located on Rae ~ane sout~i o~ McClel~.an Road sliowing certain avenues, drives, places, and roads, by May T~nvest~ner~t Company;. and WHER~AS, there has been pr~s~nt~d to the City Council a proposed agraement for the construct3on of stree~s, curbs and gutters, and for other i.mprovements, and good and sufficient bonds, fees, and deposits as set fortli in ~xTiib3t 'tA", ~iav~ng ~e~ri pres~nted for th~ faithful par- formance of said work and tT~e carrying out of said agreement; and said map, agreement, and Bonds having be~n approved tiy th~ City A~torney; NOW, TH~REFORE, BE IT R~SOLV~D that said final map of Tract 5239.,, Fairway VII, be and the same is hereby approved; and the public service easements sliown ~fiereon be anc~ the same are hereby accepted; and the C3~y '~~n.g~.neer: and the C33~y Clerlc are ~ereby aut~orized to sign said f inal map, and the Mayor and ~he City Clerk are hereby au~Chorizad ~o ex~cute the agre~m~nt her~3n r~ferred to in b~half of the City of Cupert3no. PASSID AND ADOPTED a~ a regular m~eting of the City Council of the City of Cupertino on the 6th day of May , 1974, ~ by the following vo~e: Vot~ Mp.mbers of the City Council AYES: Frolich, Jackson, Meyers, Nellis, Sparks NOES: None A$SENT: None ABSTAIN: None ~ APPROV~D: 1,s/ Reed Snarks Mayor, C~ty of Cupertino . AT'TES'T: ~ /s/ Wm. E. Rvder City C1erk ' ~ ~ . Resolution No. r~`3661 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT TRACT 5239, FAIRWAY VII MAY INVESTMENT COMPANY LOCATION .RAE LANE SOUTH OF MCCLELLAN ROAD A. .Faithful Performance Bond $ 62,000.00 B. Labor and Material Bond $ 62,000.00 C. Checking and Inspection Fee $ 2,630.00 D. Indirect CiCy Expenses $ 394.50 E. Map Filing Fee 132.00 F.. Map Checking Fee $ N.A. ~ G. Development Maintenance Deposit $ 490.00 H. Storm Drainage Fee $ 3,091.75 I. One,Year Power Cost $ 108.00 . J. Tree Fees $ 210.00