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CC Resolution No. 4040 i . RESOLUTION N0. 4040 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE FINAL MAP AND IMPROVEMENT PLANS OF TRACT N0. 5698, LOCATED ON LAZANEO AVENUE BETWEEN SARATOGA- SUNNYVALE ROAD AND VISTA DRIVE; DEVELOPER, MAY INVESTMENT COMPANY; ACCEPTING CERTAIN EASEMENTS; AUTHORIZING THE CITY ENGINEER AND THE CITY CLERK TO SIGN THE FINAL MAP; AND 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 5698 located on Lazaneo Avenue between Saratoga-Sunnyvale Road and Vista Drive, showing certain avenues, drives, places, and roads, by May Investment Company; 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 a good and sufficient 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 IT RESOLVED that said final map of Tract 5698, be~and the same is hereby approved; and the public service easements shown thereon and the offer of dedication for streets area be and the same are hereby accepted; and the City Engineer is authorized to sign the plans, and the City Engineer and the City Clerk are hereby authorized to sign said final map,and 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 at a regular meeting of the City Council of the City of Cupertino this 6th day of October , 1975, by the following vote: Vote Members of the City Council AYES: Meyers, Nellis, Sparks, Jackson NOES: None ABSENT: Frolich ABSTAIN: None ATTEST: APPROVED: /s/ Wm. E. Rvder /s/ James E. Jackson City Clerk Mayor, City of Cupertino ~ I Exhibit "A" Res. No. 4040 SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Tract 5698 • May Investment Company LOCATION: Lazaneo Avenue between Saratoga-Sunnyvale Road and Vista Drive A. *Faithful Performance Bond Off-site improvements $ 28,000.00 Common Area 150,000.00 Recreation 35,000.00 B. *Labor and Material Bond Off-site improvements $ 28,000.00 Common Area , 150,000.00 Recreation 35,000.00 C. Checking and Inspection Fee Off-site improvements $ 1,270.00 Common Area 6,000.00 Recreation N/A D. Indirect City Expenses Off-site improvements $ 190.00 Common Area 900.00 Recreation N/A E. Map Filing Fee $ 162.00 F. Development Maintenance Deposit Off-site improvements $ 880.00 Common Area 500.00 G. Storm Drainage Fee $ 4,712.00 H. One Year Power Cost $ 72.00 I. Tree Fees $ 90.00 J. Park Fees $ 17,280,00 *Letter of Credit