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CC Resolution No. 01-147RESOLUTION NO. 01-147 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE FINAL MAP OF TRACT NO. 9335, LOCATED AT 7825 AND 7851 ORION LANE; DEVELOPER B. K. DEVELOPMENT CORPORATION, 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. 9335 located at 7825 and 7851 Orion Lane, showing certain avenues, drives, places, and roads by B. K. Development Corporation, 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. 9335, 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 2nd day of July 2001, by the following vote: Vote Members of the City Council AYES: Bumett, Chang, James, Lowenthal NOES: None ABSENT: None ABSTAIN: None ATTEST: City~ Resolution No. 01447 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: B.K. Development Corporation, a California Corporation Tract No. 9335 LOCATION: 7825 and 7851 Orion Lane A. Faithful Performance Bond: Off-site: $145,624.00 On-site: $ 27,115.00 ONE HUNDRED FORTY-FIVE SIX HLrNDRED TWENTY-FOUR & 00/100 DOLLARS TWENTY-SEVEN THOUSAND ONE HUNDRED FIFTEEN & 00/100 DOLLARS B. Labor and Material Bond: Off-site: $145,624.00 On-site: $ 27,115.00 ONE HUNDRED FORTY-FIVE SIX HUNDRED TWENTY-FOUR & 00/100 DOLLARS TWENTY-SEVEN THOUSAND ONE HUNDRED FIFTEEN & 00/100 DOLLARS C. Checking and Inspection Fees: $ 8,636.95 EIGHT THOUSAND SIX HUNDRED THIRTY-SIX & 95/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: $ 3,000.00 THREE THOUSAND & 00/100 DOLLARS F. Storm Drainage Fee: $ 3,882.90 THREE THOUSAND EIGHT HUNDRED EIGHTY-TWO & 90/100 DOLLARS G. One Year Power Cost: ONE HUNDRED FIFTY & 00/100 DOLLARS H. Street Trees: I. Map Checking Fee: FIVE HUNDRED FIFTY THREE & 00/100 DOLLARS J. Park Fee: NINETY-FOUR THOUSAND FIVE HUNDRED & 00/100 DOLLARS K. Water Main Reimbursement: L. Maps and/or Improvement Plans: $ 150.00 By Developer $ 553.00 $ 94,500.00 N/A As specified in Item #23 of agreement