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CC Resolution No. 4505 ~ RESOLUTION N0. 4505 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING PARCEL MAP AND IMPROUEMENT PLANS OF PROPERTY LOCATED ALONG THE EAST SIDE OF PdORTH DE ANZA BOULEVARD NORTH OF STEVENS CREEK BOULEVARD; DEVELOPER, PACIFIC VAL- LEY BANK, A CALIFORNIA CORPORATION; 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 east side of North De Anza Boulevard north of Stevens Creek Boulevard by Pacific Valley Bank, a California Corporation; and WHEREAS, there has been presented to the City Council a proposed agree- ment for the construction of streets, curbs, and gutters, and for other improve- ments, and good and 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 IT RESOLVED THAT a. Said parcel map and improvement plans herein referred to are hereby approved. b. The City Engineer is hereby authorized to sign said improvement plans. c. The City Engineer and the City Clerk are hereby authorized to sign said parcel map. d. The Alayor and the City Clerk are hereby authorized to execute the agreement herein referred to. PASSED ANll ADOPTED at a regular meeting of the City Council of the City of Cupertino this 18th day of Julv , 1977, by the following vote: Vote Members of the City Council AYES: Jackson, Meyers, Nellis, 0'Keefe, Frolich NOES: None ABSENT: None ABSTAIN: None APPROVED: • /s/ Donald A. Frolich Mayor, City of Cupertino ATTEST: /s/ Wm. E. Ryder City Clerk , - r r " Exhibit "A" Res. No. 4505 SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Pacific Valley Bank LOCATION: East side of North De Anza Boulevard north of Stevens Creek Boulevard A. Faithful Performance Bond $25,000.00 B. Labor and Material Bond $25,000.00 C. Checking and Inspection Fee $ 1,250.00 D. Innirect City Expenses $ 187.00 E. P~ap Checking Fee $ 20.00 F. Development Maintenance Deposit $ 500.00 G. Storm Drainage Fee $ 6,181.00 H. One Year Power Cost $ 36.00 I. Tree Fees $ Pd/A J. Park Fee $ N/A