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CC Resolution No. 5003 ~ ~ RESOLUTIOV :10. 5003 A RESOLL'TIOti OF THE CIT] CO~~iCIL aF TEE CITY OF CCPERTI::O APPROVI:lG PARCEL "41P 2~.~D 1*1PROb'E~tEVT PLa.\S OF PROPERTY LOCaTED SOUTk SIDE OF HO~fESTEdD R0~1D EaST OF GR~NT RO.~D ~ AT HIGHNdY 280: DECELOPER, 1. CYRIL .)OH:ISO:t; ACTHORZZISG E:CECL'?I0:7 OF I?IPROVE?fE:lT AGREE~IE:IT; aUTHORIZI:IG SIGNIVG OF P?~RCEL M~1P AND IJfPROVE:fEVT PLANS 'dHERE~S, there has been presented co the City Council for approval or the parcel map and iaproveaent plans of propertv Located en che souch side oi Hoc~estead Road east of Grant Road at Highway 280 by J. Cyril Johnsen; anZ SJHERE~S, there has been presented to the City Council a proposed agree- aent ior the consCruction oP streets, curbs and gutters, and Lor othez Laprove- ments, and good and sufiiciea[ bonds (1et[er oi credit), fees and depoaics as set forth in Eshibit "a" having been presea[ed for che iaithful per:ormance of said work and the carrying out oi said agreement; and said map, agreement, and bonds having been approved by the Cit? ~ttorney; YOIJ, THEREFORE , BE IT ?tESOLVED TH~1T a. Said parcel mzp and improveaen[ olaas herein referred tu are hereby appruved. b. The offer of dedication for street areas and all easec~ents is herebp accepted. c. The City Engineer is hereby au~hurized to sign said improvemen: plans. d. I'he City Engineer and the City Cler~c are hereby autno:ized to sign sald parcel map and forward ~ap to Los :1.Ltos for its anproval. e. The ~ta~or and the City Clerk are hereby au[horized [o exacute c~a agreement herein referred to and have i[ recorded. i. The City agrees to defer a portion oi the work until developc~ent occurs. ~OTE: This projact Ss partially wi[hin the City of Cuper[lno and the :own of Les :11tos. Only Che portion within [he City ef Cupertino is covered `.:erein. ?~SSED A.`ID ~DOPTED at a regular meeting o: the Cit~• Council oi cie Ci:^ o: Cupertino this ~~th da;: ci `Sa~ , 1979, by the following vota: t'ote `feaoers oi the Cit•: Council aIES: Jackson, 0 i~eefe, Rogers, Spa:'.<s, `leyers \OES: Vone ~13SE::?: Vone .1BST,iI\ ~one :1T-~5 : : :~PPROVED : ~ ~ ~ ~f ~ ~ , ~ ~ C G ~ / .C~-.R . r1 r~•,.>r ~ ~ n~_ . ,,:t~ ~lar: :4a~~or, Cit~• c[ Cuperti;~ ~ ~ Exhibit "A" Res. ;lo. 5003 SCHEDULE OF BOND, FEES, ~ND DEPOSITS Y DcVELOP;tE:iT: Apartment Comples J. Cyril Johnson LOCaT20ti: South side of Homestead Road, east of Grant Road at Highway 280 P~RT A. Faithful Performance Bond: $12,000.00 Deferred 4,000.00 P.1RT B. Labor and ":aterial eond: 512,000.00 Deferred 4,000.00 P~T C. Checking and Inspection Fee: S 800.00 PART D. Indirect Ci[y Expenses: S 120.00 PART E. Development "Iaintenance Deposit: S 250.00 P,1RT F. Storm Drainage Fee: S 1,345.00 PART G. Une Year Power Cos[: $ 72.00 PART H. Tree Fees: by Developer $ Deferred P~1RT I. ?fap Checking Fee: S 50.00 P~1RT J. Park Fee: $ N/A PART K. Water ~1ain Extension Deposi[: S Y/A