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CC Resolution No. 02-090RESOLUTION NO. 02-090 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE FINAL MAP OF TRACT NO. 9410, LOCATED ON IMPERIAL AVENUE; DEVELOPER TAYLOR WOODROW HOMES, INC. A CALIFORNIA CORPORATION; 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. 9410, located on Imperial Avenue, showing certain avenues, drives, places, and roads by Taylor Woodrow Homes, Inc. a California Corporation; 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. 9410, 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 20th day of May, 2002, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAiN: Lowenthat, Chang, James, Kwok, Sandoval None None None ATTEST: City Clerk ~7 Resolution No. 02-090 Page 2 EXHIBIT"A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Taylor Woodrow Homes, Inc. a California Corporation Tract No. 9410 LOCATION: Imperial Avenue A. Faithful Performance Bond: Off-site: $126,888.00 On-site: $ 953,187.00 ONE HUNDRED TWENTY-SIX THOUSAND EIGHT HUNDRED EIGHTY-EIGHT AND 00/100 DOLLARS N1NE HUNDRED FIFTY-THREE THOUSAND ONE HUNDRED EIGHTY-SEVEN AND 00/100 DOLLARS B. Labor and Material Bond: $126,888.00 On-site: $ 953,187.00 ONE HLrNDRED TWENTY-SIX THOUSAND EIGHT HUNDRED EIGHTY-EIGHT AND 00/I00 DOLLARS NINE HUNDRED FIFTY-THREE THOUSAND ONE HUNDRED EIGHTY-SEVEN AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 53,544.00 FIFTY-THREE THOUSAND FIVE HUNDRED FORTY-FOUR AND 00/100 DOLLARS D. Indirect City Expenses: E. Development Maintenance Deposit: THREE THOUSAND AND 00/100 DOLLARS N/A $ 3,000.00 G. One Year Power Cost: TWO HUNDRED AND 00/100 DOLLARS H. Street Trees: I. Map Checking Fee: $ 200.00 By Developer $ 1,183.00 K. Water Main Reimbursement: N/A L. Maps and/or Improvement Plans: As specified in Item 23 of agreement ONE THOUSAND ONE HUNDRED EIGHTY-THREE AND 00/100 DOLLARS J. Park Fee: $ 388,800.00 THREE HUNDRED EIGHTY-EIGHT THOUSAND EIGHT HUNDRED AND 00/100 DOLLARS F. Storm Drainage Fee: $ 7,762.90 SEVEN THOUSAND SEVEN HUNDRED SIXTY-TWO AND 90/100 DOLLARS