CC Resolution No. 4991 _
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RESOLUTION ~0. 4991
~ RESOLUTION OF THE CITY COUDiCIL OF THE CITY OF CUPERTI:IO APPROVI`IG
THE FI`IAL. "fAP ,1b'D I'SPROV~[E:~IT PL.1.vS OF TRACT ~0. 5990, EGIINBO~dS E:iDr
LOCaTED aLONG RAINBOW DRIVE WEST OF BUBB ROAD; DEVELOPER L S L
I PROPERTIES, I:IC. , A CaI.IFORyI~ CORPOR~ITION; ,1CCEPTING CERTaIN E1SE-
~:ITS ; ~UTHORIZING SIGNIVG OF FI.IAI. MAP A~~'D I~ROVEMENT PLANS ;
~UTHORIZIVG THE E:{ECUTION OF L:IPROVE,SE:JT aGREEME*IT IY COPINECTIOPI
THEREWITH AND WATER ^fAI~ REI~llRSElfE:iT AGREE~~NT
WHFRE?,S, there has been presenced to the City Council tor approval and
ior auchorization to record final map of Tract :Io. 5990, Rainbows End, located
along Rainbow Drive west of Bubb Road showing certain avenues, drives, places
and roads by L 6 L Properties, Inc., a California Corporation; and
WEicc2F~1S, there has been presenced to the City Council a proposed agree-
e~ent for the construccion of streets, curbs and gu[ters, and for other improve-
ments, and good and sufficien[ bonds, iees, and deposits as set forth in
Exhibit "A" having 6een presented for the faithful performance of said work
and the carrying out of said agretment; and said map, improv unent agreement
and kater Main Reimbursement agreemen[ and bonds having been approved by the
~ City ~1[torney;
i :IOW, THEREFORE, BE IT RESOLVED that
~ a. Said final map and improvement plans of Tract `70. 5990, Rainbows
End, be and [he same are hereby approved.
' b. The public service easemen[s shown thereon and [he o[fer of dedica-
, [ions for pubiic utilicies are hereby accepced.
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' c. The City Engineer ar.d the City Clerk are hereby authorized [o sign
. sa id f inal map.
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! d. 'Che City Engineer is hereby authorized [o sign the i~provemen[ plans.
e. The Mayor and the City Clerk are hereby authorized to e:~ecu[e the
~ agreemen[s herein referred to.
PASSED ~1:ID ADOPTED ac a regular meeting of the City Council of the Cicy
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; of Cupertino this 7th day of r~y , 1979, by the following vote:
~ Vote ?(emuers of the Citv Council
.1YES: Jackson, O Keefe, Rogera, parks, Meyers
`~OES: None
ABSE~'T: None
ABSTaI:I: None
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; ~1TTEST: ~1PPROVED:
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~ ~lcting Ci~E':~Clzrk `!ayor, Cit~~ oE Cupertir,o ~
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eXnibic
Res . ;lo . 4991
SCHEDLZE OF BOND, FEES AIdD DEPOSITS
DEVELOP:~SE:IT: Tract :Io. ~990 Rainbows End
L 6 L Properties, Inc., a Caliiornia Curporation
LOCATION: Rainbow Drive west of Bubb Road
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A. Faithful Performance Bond $430,000.00
B. Labor and 2laterial Bond $430,000.00
C. Checking and Inspection Fee S 17,200.00
~I D. Indirect City E:cpenses S 2,580.00
E. Hap Filing Fee $ 142.00
, F. Development Maintenance Deposit S 565.00
G. Storm Drainage Fee 5 19,740.00
H. One Year Power Cost $ 216.00
I. Tree Fees S N/a
J. Park Fee $ 230.00
h. ~ater `lain Extension Deposi[ S N/A