CC Resolution No. 4173 1
~ RESOLUTION N0. 4173 ~
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
APPROVING PARCEL MAP AND IMPROVEMENT PLANS OF PROPERTY •
LOCATED ALONG THE EASTERLY SIDE OF RAE LANE AT ITS TERMI-
NUS; DEVELOPER, MAY INVESTMENT COMPANY, A LIMITED PART-
NERSAIP, 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 of property located along the easterly
side of Rae Lane at its terminus by May Investment Company, a limited partner-
ship; and
WHEREAS, there has been presented to the City Council a proposed agreement
for the construction of streets, curbs, and gutters, and for other improve-
ments, and good and sufficient bonds, fees, and deposits as set forth in Ex-
hibit "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 parcel map and improvement plans herein referred to are hereby
approved.
b. The offer of dedication for street areas and easements is hereby
accepted.
c. The City Engineer is hereby authorized to sign said improvement
plans.
d. The City Engineer and the City Clerk are hereby authorized to sign
said parcel map.
e. 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 18th day of MaY , 1976, by the following vote:
Vote Members of the City Council
AYES: Jackson, Nellis, Meyers
NOES: None
ABSENT: Frolich, 0'Keefe
ABSTAIN: None
ATTEST: APPROVED:
~S~ Wm:"E. Ryder /s/ Robert W. MeverS
City Clerk Mayor, City of Cupertino ~
Resolution No.
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EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Single Family Structure
May Investment Company
LOCATION: Easterly side of Rae Lane at its terminus
A. Faithful Performance Bond $ 4,000.00
B. Labor and Material Bond 4,000.00
C. Checking and Inspection Fee 200.00
D. Indirect City Expenses 30.00
E. Map Checking Fee 20.00
F. Development Maintenance Deposit 310.00
G. Storm Drainage Fee 1,362.63
H. One Year Power Cost 36.00
I. Tree Fee 60.00
J. Park Fee 1,944.00