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CC Resolution No. 01-051RESOLUTION NO. o~-o~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTiNO APPROVING THE FINAL MAP OF TRACT NO. 9325, LOCATED 10060 S. STELLING ROAD; DEVELOPER TA-CHENG WANG AND OLIVIA YAN SHUI HSIA, TRUSTEES OF THE TA- CHENG WANG AND OLIVIA YAN SHUI HSIA REVOCABLE TRUST DATED AUGUST 18,1994 AND TA-HSIUNG WANG AND HUEY-YI WANG, TRUSTEES OF THE TA-HSIUNG WANG AND HUEY-YI WANG REVOCABLE TRUST DATED JANUARY 10, 1995; ACCEPTING CERTAIN EASEMENTS; AUTHORIZING SIGNING OF FINAL MAP AND EXECUTION OF AGREEMENT WHEREAS, there has been presented to the City Council for approval and for authorization to record final map of Tract No. 9325, located on S. Stelling Road, showing certain avenues, drives, places, and roads by Ta-Cheng Wang and Olivia Yan Shui Hsia, Trustees of the Ta-Cheng Wang and Olivia Yan Shui Hsia Revocable Trust dated August 18, 1994 and Ta-Hsiung Wang and Huey-Yi Wang, Trustees of the Ta-Hsiung Wang and Huey-Yi Wang Revocable Trust dated January 10, 1995; and WHEREAS, there has been presented to the City Council a proposed agreement for the construction of streets, curbs, and gutters and for other improvements, and good and sufficient bonds, 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 final map of Tract No. 9325, be and the same is 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. 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 5th day of March, 2001, by the following vote: Vote AYES: NOES: ABSENT: ABSTAiN: Members of the City Council Burnett, Chang, James, Lowenthal None None None ATTEST: APPROVED: '~ayor, City of Cupe~nf'o Resolution No. 01-051 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Ta-Cheng Wang and Olivia Yan Shui Hsia, Trustees of the Ta-Cheng Wang and Olivia Yan Shui Hsia Revocable Trust dated August 18, 1994 and Ta-Hsiung Wang and Huey-Yi Wang, Trustees of the Ta-Hsiung Wang and Huey-Yi Wang Revocable Trust dated January 10, 1995 Tract No. No.9325 LOCATION: 10060 S. Stelling Road A. Faithful Performance Bond: Off-site: $ 7,600.00 On-site: $ 52,750.00 FIFTY-TWO THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS B. Labor and Material Bond: Off-site: $ 7,600.00 On-site: $ 52,750.00 FIFTY-TWO THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS C. Checking and Inspection Fees: THREE THOUSAND SEVENTEEN AND 41/100 DOLLARS $ 3,017.41 D. Indirect City Expenses: N/A E. Development Maintenance Deposit: THREE THOUSAND AND 00/100 DOLLARS $ 3,000.00 F. Storm Drainage Fee: ONE THOUSAND FIFTY AND 78/100 DOLLARS $ 1,050.78 G. One Year Power Cost: N/A H. Street Trees: By Developers I. Map Checking Fee: FIVE HUNDRED FOUR AND 00/100 DOLLARS $ 504.00 J. Park Fee: FIFTY FOUR THOUSAND AND 00/100 DOLLARS $ 54,000.00 K. Water Main Reimbursement: N/A L. Maps and/or Improvement Plans: As specified in Item #23 of agreement