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CC Resolution No. 94570 0 RESOLUTION NO. 9457 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE FINAL MAP AND IMPROVEMENT PLANS OF TRACT NO. 8687, LOCATED ON HOMESTEAD ROAD AND DE ANZA BOULEVARD, DEVELOPER SCS DEVELOPMENT COMPANY (DBA CITATION HOMES CENTRAL), 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. 8687 located on Homestead Road and De Anza Boulevard, showing certain avenues, drives, places, and roads by SCS Development Company (dba Citation Homes Central); 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. Said final map and improvement plans of Tract No. 8687, 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 2nd day of October , 1995, by the following vote: Resolution No. 9457 • e Page 2 M. " AYES: Bautista, Burnett, Koppel, Sorensen, Dean NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: . �•'a�.. City Clerk Mayor, City of C&bertino Resolution No. 9457 • • Page 3 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Tract No. 8687 SCS Development Company (dba Citation Homes Central) LOCATION: Homestead Road and De Anza Boulevard A. Faithful Performance Bond: $609,780.00 SIX HUNDRED NINE THOUSAND SEVEN HUNDRED EIGHTY & 00 /100 DOLLARS B. Labor and Material Bond: $609,780.00 SIX HUNDRED NINE THOUSAND SEVEN HUNDRED EIGHTY & 00 /100 DOLLARS C. Checking and Inspection Fee: $ 30,489.00 THIRTY THOUSAND FOUR HUNDRED EIGHTY -NINE & 00 /100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: $ 3,000.00 THREE THOUSAND & 00 /100 DOLLARS F. Storm Drainage Fee: $ 6,172.00 SIX THOUSAND ONE HUNDRED SEVENTY -TWO & 00 /100 DOLLARS G. One Year Power Cost: $ 1,125.00 ONE THOUSAND ONE HUNDRED TWENTY -FIVE & 00 /100 DOLLARS H. Street Trees: By Developer I. Map Checking Fee: $ 701.00 SEVEN HUNDRED ONE & 00 /100 DOLLARS J. Park Fee: Zone II $ 252,000.00 Acct #480 -416 -033 TWO HUNDRED FIFTY -TWO THOUSAND & 00/100 DOLLARS K. Water Main Reimbursement Fee: N/A L. Maps and/or Improvement Plans As specified in Item #23 of Agreement