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CC Resolution No. 9325 RESOLUTION NO. 9325 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE FINAL MAP AND IMPROVEMENT PLANS OF PROPERTY LOCATED ON BLANEY A VENUE AND BA YWOOD DRIVE; DEVELOPER EMILY CHEN; 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 on Blaney Avenue and Baywood Drive by Emily Chen; 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, Said final map and improvement plans herein refereed to are hereby approved. b. The offer of dedication for street areas and all easements is hereby accepted, c, The City Engineer is hereby authorized to sign said improvement plans, d. The City Engineer and the City Clerk are hereby authorized to sign said parcel map and have it recorded. e. 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 April , 1995, by the following vote: · Resolution No. 9325 Page 2 YQ1!: Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Burnett, Koppel, Sorensen, Dean None Bautista None APPROVED: /s/ Wally Dean Mayor, City of Cupertino ATTEST: /s/ Kimberly Smith City Clerk .. Resolution No, 9325 Page 3 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Tract No. 8723 Landmark Development LOCATION: Rainbow Drive A. Faithful Performance Bond: $50,242,00 FIFTY THOUSAND TWO HUNDRED FORTY TWO & 00/100 DOLLARS B, Labor and Material Bond: $50,242,00 FIFTY THOUSAND TWO HUNDRED FORTY TWO & 00/100 DOLLARS C, Checking and Inspection Fee: $ 2,512.00 TWO THOUSAND FIVE HUNDRED TWELVE & 00/100 DOLLARS D. Indirect City Expenses: NIA E. Development Maintenance Deposit: ONE THOUSAND & 00/100 DOLLARS $ 1,000,OQ F. Storm Drainage Fee: ONE THOUSAND TWO & 33/100 DOLLARS $ 1,002.33 G. One Year Power Cost: ONE HUNDRED FIFTY & 00/100 DOLLARS $ 150,00 H, Street Trees: By Developer I. Map Checking Fee: THREE HUNDRED EIGHTY-ONE & 00/100 DOLLARS $ 381.00 J, Park Fee: Zone III - Account # 480-416-033 SIXTY-THREE THOUSAND & 00/100 DOLLARS $63,000,00 K, Water Main Reimbursement: NIA L. Maps and/or Improvement Plans: As specified in Item No. 23 of agreement