Loading...
CC Resolution No. 9440RESOLUTION NO. 9440 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING PARCEL MAP AND IMPROVEMENT PLANS OF PROPERTY LOCATED ON ALCALDE ROAD AT FOOTHILL BOULEVARD, DEVELOPER E & H PARTNERSHIP, 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 Alcalde Road at Foothill Boulevard by E & H 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 (letter of credit), 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 parcel map and improvement plans herein referred 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 18th day of September , 1995, by the following vote: RESOLUTION NO. 9* • Page 2 Vote: RESOLUTION NO. A Page 3 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single - Family Residences E & H Partnership LOCATION: Alcalde Road at Foothill Boulevard A. Faithful Performance Bond: $101,780.00 ONE HUNDRED ONE THOUSAND SEVEN HUNDRED EIGHTY & 00 /100 DOLLARS B. Labor and Material Bond: $101,780.00 ONE HUNDRED ONE THOUSAND SEVEN HUNDRED EIGHTY & 00/100 DOLLARS C. Checking and Inspection Fee: 5 5,088.96 FIVE THOUSAND EIGHTY -EIGHT & 96/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: $ 1,000.00 ONE THOUSAND & 00 /100 DOLLARS F. Storm Drainage Fee: $ 444.21 FOUR HUNDRED FORTY -FOUR & 21/100 DOLLARS G. One Year Power Cost: 75.00 SEVENTY -FIVE & 00 /100 DOLLARS H. Street Trees: By Developer I. Map Checking Fee: 5 381.00 THREE HUNDRED EIGHTY -ONE & 00 /100 DOLLARS J. Park Fee: Zone II 5 31,500.00 Acct #480- 416-022 THIRTY -ONE THOUSAND FIVE HUNDRED & 00 /100 DOLLARS K. Water Main Reimbursement Fee: N/A L. Maps and/or Improvement Plans As specified in Item #23 of Agreement