CC Resolution No. 04-340
RESOLUTION NO. 04-340
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
APPROVING THE FINAL MAP OF TRACT NO. 9547, MURANO HOMES, LOCATED AT
RAINBOW DRIVE/POPPY WAY; DEVELOPER CENTEX HOMES, A NEVADA GENERAL
PARTNERSHIP; 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. 9547, Murano Homes, located at Rainbow
Drive/Poppy Way, showing certain avenues, drives, places, and roads by Centex Homes, a
Nevada general partnership; 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.
b.
c.
d.
Said final map of Tract No. 9547, be and the same is hereby approved.
The offer of dedication for roadway and for easements is hereby accepted.
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 adjourned meeting of the City Council ofthe City
of Cupertino this 21" day of June 2004, by the following vote:
Vote
AYES:
NOES:
ABSENT:
ABSTAIN:
Members Qfthe Q!y Council
James, Kwok, Lowenthal, Sandoval, Wang
None
None
None
ATTEST:
~.~
City Clerk ~
APPROVED:
Resolution No. 04-340
Page 2
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT:
Centex Homes, a Nevada general partnership
Tract No. # 9547
LOCATION:
Murano Homes
Rainbow Drive/Poppy Way
A. Faithful Performance Bond: $ 670,520.50
SIX HUNDRED SEVENTY THOUSAND FIVE HUNDRED TWENTY AND 50/100 DOLLARS
B. Labor and Material Bond: $ 670,520.50
SIX HUNDRED SEVENTY THOUSAND FIVE HUNDRED TWENTY AND 50/100 DOLLARS
C. Checking and Inspection Fees: $ 33,526.03
THIRTY-THREE THOUSAND FIVE HUNDRED TWENTY-SIX AND 3/100 DOLLARS
D.
Development Maintenance Deposit:
NA
E.
Storm Drainage Fee:
NA
F.
One Year Power Cost:
NA
G.
Street Trees:
By Developer
H. Map Checking Fee:
ONE THOUSAND NINETY-SEVEN AND 75/100 DOLLARS
$
1,097.75
1. Park Fee: $ 104,850.00
ONE HUNDRED FOUR THOUSAND EIGHT HUNDRED FIFTY AND 00/100 DOLLARS
J.
Water Main Reimbursement:
N/A
K.
Maps and/or Improvement Plans:
As specified in
Item #21 of agreement