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CC Resolution No. 04-316 RESOLUTION NO. 04-316 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE PARCEL MAP AND IMPROVEMENT PLANS OF PROPERTY LOCATED AT 1358 SOUTH STELLING ROAD, APN 366-17-105; DEVELOPER, DEBCOR, INC,; AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT; AUTHORIZING SIGNING OF PARCEL MAP AND IMPROVEMENT PLANS WHEREAS, there has been presented to the City Council for approval of the parcel map and improvement plans of property located at 1358 South Stelling Road, APN 366-17-105, by Debcor, INC,; 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 (letter of credit), fees, and deposits as set forth in Exhibit "A" having been presented for the faithful perfonnance 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. b. c. d, e. Said parcel map and improvement plans herein referred to are hereby approved. The offer of dedication for street areas and all easements is hereby accepted. The City Engineer is hereby authorized to sign said improvement plans. The City Engineer and the City Clerk are hereby authorized to sign said parcel map and have it recorded. 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 17th day of May 2004, by the following vote: Vote AYES: NOES: ABSENT: ABSTAIN: ATTEST: Members Qfthe Q!y Council Kwok, Lowenthal, Sandoval, Wang None James None APPr¡:ED: /~{ /' Vice-Mayor, City ol'"C'upertino '.M C~ Resolution No. 04-316 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Debcor, Inc. APN 366-17-105 LOCATION: 1358 South Stelling Road A. Faithful Performance Bond: $ 13,958.01 THIRTEEN THOUSAND NINE HUNDRED FIFTY-EIGHT AND 1/100 DOLLARS B, Labor and Material Bond: $ 13,958.01 THIRTEEN THOUSAND NINE HUNDRED FIFTY-EIGHT AND 1/100 DOLLARS C. Checking and Inspection Fees: $ 2,385.00 TWO THOUSAND THREE HUNDRED EIGHTY-FIVE AND 00/100 DOLLARS D. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS $ 1,000.00 E. Storm Drainage Fee: Basin #2 SIX HUNDRED FIFTY-SEVEN AND 90/100 DOLLARS $ 657.90 F. One Year Power Cost: NA G, Street Trees: By Developer H, Map Checking Fee: FIVE HUNDRED TWENTY AND 00/100 DOLLARS $ 520,00 1. Park Fee: Zone I $ 15,750.00 FIFTEEN THOUSAND SEVEN HUNDRED FIFTY AND 0011 00 DOLLARS K. Water Main Reimbursement: N/A L. Maps and/or Improvement Plans: As specified in Item #21 of agreement