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CC Resolution No. 5992 ~ ~ RESOLUTION N0. 5992 A RESOLUTION OF THE CITY COUNCIL OF TfIB CITY OF CUPERTINO APPROVING THE FINAL MAP AND IMPROVEPiENT PLANS OF TRACT N0. 7105, WOODSPRING LOCATED AT HOMESTCAD ROAD AND FALLEN LEAF DRIVE; DEVELOPER, WOODSPRING, INC., ACCcPTING CER- ~ TAIN EASEMENTS; AUTHORIZING SIGNING OF FINAL P1AP AND iM- PROVEMENT PLANS, AUTlIORIZING THE EXECUTION OE AGREEMENT IN CONNECTION TNEREWITH WtiEREAS, there has been presented [o the City Council foc approval and for authorization [o record final map of Tract :Jo. 1105, Woodspring located at Homestead Road and Fallen Leaf Drive showing certain avenues, drives, places, and roads by Woodspring, Inc.; and WHEREAS, there has been presented to the City Council a proposed agreement for the construction oE streets, curbs, and gutters, and for other iinprovements, and good and sufficient bonds, fees, and deposi[s as set forth in Exhibit "A" iiaving been presented for the faithful performance of said work and the carrying out of said agreement; and said map, agree- ment, and bonds having been approved by the City Attorney; NOW, THEREPORE, BE IT RESOLVED TffAT a. Said tinal map and improvement plans ofTract 7105, Woodspring, be and the same are hereby approved. b. The offer of dedication for roadway and for easements is hereby accepted. c. The City Engineer and the City Clerk are hereby authorized to sign said final map. d. The Ci[y Engineer is hereby authorized to sign the improvement plans. e. The Mayor and the Ci[y Clerk are hereby suthorized to execute [he agreement herein referred to. PASSED AND ADOPTED at a regular mee[ing of [he Ci[y Council of the City of Cupertino on the 6th day of December , 1982 by the following vote: Vote Membera of the City Council AYES: Johnson, Plungy. Rogera~ Sparks, Catto NOES: None ABSENT: None ~ ABSTAIN: None ~ ATTEST• AP VED: - ~ e [y Clerk Mayor City of C ertino i • . ~ Exhibit "A" Res. No. 5992 SCHEDULE OF BOND, FEES, AND DEPOSITS DEVEIAPMENT: Trac[ No. 7105, Woodsprings Woodspring, Inc. LOCATION: Homestead Road and Fallen Leaf Lane A. Faithful Performance Bond: On-Site - One Fiundred Ten Thousand Dollars $110,OOQ.00 Off-Site - Twelve Thousand Dollars 12,000.00 B. Labor nnd Material Bond: On-Si[e - Five Thousand Five Hundred Dollars 5,500.00 ~ Off-Si[e - Six Hundred and no/100 Dollars 600.00 ' C. Checking and Inspec[ion Fee: ' On-Site - 6ight Hundred Twenty-Five and no/100 Dollars 825.00 Off-Site - Ninety and no/100 Dollars 90.00 E. Map Filing Fee: One Hundred Two and no/100 Dollars 102.00 F. Development Maintenance Deposit: . Two Hundred Sixty-Five and no/100 Dollara 265.00 G. Storm Drninage Fee: Two Thousand Four Hundred Fifteen and no/100 Dollars 2.415.00 N. One Year Power Cost: Seventy-Two and no/100 Dollars 72.00 I. Street Trees: By Developer J. Park Fees. One Hundred Two Thousand One Hundred Fourteen Dollara* 101,114.00 K. Water Main Ex[ene~ion Depoait: N/A L. Traffic Signal Fee: Eigh[ Thousund Four Hundred Dollars 8,400.00 * Council approved deferral of park dedication fee until the building permit stage. An irrevoceble letter of credit has been filed as aecurity , to assure payment. '