CC Resolution No. 9326
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RESOLUTION NO. 9326
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
APPROVING THE FINAL MAP AND IMPROVEMENT PLANS OF TRACT
NO, 8723 LOCATED ON RAINBOW DRIVE; DEVELOPER LANDMARK
DEVELOPMENT; ACCEPTING CERTAIN EASEMENTS; AUTHORIZING
SIGNING OF FINAL MAP AND IMPROVEMENT PLANS; AUTHORIZING
THE EXECUTION OF AGREEMENT IN CONNECTION THEREWITH
WHEREAS, there has been presented to the City Council for approval and for
authorization to record final map of Tract No, 8723 located on Rainbow Drive showing
certain avenues, drives, places, and roads by Landmark Development; 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 Attomey;
NOW, THEREFORE, BE IT RESOLVED THAT
a. Said final map and improvement plans of Tract 8723, be and the same are
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,
d, The City Engineer is hereby authorized to sign the improvement plans.
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. 9326
Page 2
YQ1!: Members ófthe 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, 9326
Page 3
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Tract No, 8723
Landmark Development
LOCATION: Rainbow Drive
A, Faithful Performance Bond: $69,247,00
SIXTY-NINE THOUSAND TWO HUNDRED FORTY SEVEN & 00/100 DOLLARS
B, Labor and Material Bond: $69,247.00
SIXTY-NINE THOUSAND TWO HUNDRED FORTY SEVEN & 00/100 DOLLARS
C, Checking and Inspection Fee: $ 3,462.35
THREE THOUSAND FOUR HUNDRED SIXTY-TWO & 35/100 DOLLARS
D,
Indirect City Expenses:
NIA
E. Development Maintenance Deposit:
THREE THOUSAND & 00/100 DOLLARS
$ 3,000.00
F, Storm Drainage Fee:
FOUR HUNDRED THIRTY-EIGHT & 00/100 DOLLARS
$ 438,00
G.
One Year Power Cost:
NIA
H.
Street Trees:
By Developer
I. Map Checking Fee:
THREE HUNDRED EIGHTY-NINE & 00/100 DOLLARS
$ 389.00
], Park Fee: Zone 111- Account # 480-416-022
FORTY-FIVE THOUSAND & 00/100 DOLLARS
$45,000,00
K.
Water Main Reimbursement:
NIA
L.
Maps and/or Improvement Plans:
As specified in Item
No, 23 of agreement
Reimbursement to City of Cupertino
5,255 S,F. 2" A, C, Overlay 0,75
on Rainbow Drive (include grinding)
$3,941.25