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CC Resolution No. 94910 0 RESOLUTION NO. 9491 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING FINAL PLAN FOR THE IMPROVEMENT OF FRONTAGE LOCATED AT 10120/10130 ORANGE AVENUE, DEVELOPER, LOTUS DEVELOPMENT AND CONSTRUCTION, INC.; AUTHORIZING THE CITY ENGINEER TO SIGN THE FINAL PLAN; AND AUTHORIZING EXECUTION OF AGREEMENT IN CONNECTION THEREWITH WHEREAS, there has been presented to the City Council for approval of the final plan for the improvement of street frontage located at 10120/10130 Orange Avenue by Lotus Development and Construction, Inc.; and WHEREAS, there has been presented to the City Council a proposed agreement for the construction of streets, curbs, gutters, sidewalks, 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 plan, agreement, and bonds having been approved by the City Attorney; NOW, THEREFORE, BE IT RESOLVED that said final plan for the improvement of street frontage at 10120/10130 Orange Avenue be and the same is, hereby, approved and the City Engineer is hereby authorized to sign said final plan; and the Mayor and the City Clerk are hereby authorized to execute the agreement herein referred to on behalf of the City of Cupertino. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 6th day of November , 1995, by the following vote: YQIe. Members of the City Council AYES: Bautista, Burnett, Koppel, Sorensen, Dean NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: � v v City Clerk J Mayor, City o pertino Resolution No. 9491 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single - Family Dwelling Lotus Development and Construction, Inc. LOCATION: 10120/10130 Orange Avenue A. Faithful Performance Bond: $15,000.00 FIFTEEN THOUSAND & 00 /100 DOLLARS B. Labor and Material Bond: $15,000.00 FIFTEEN THOUSAND & 00 /100 DOLLARS C. Checking and Inspection Fee: 5 1,744.00 ONE THOUSAND SEVEN HUNDRED FORTY -FOUR & 00 /100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: 5 500.00 FIVE HUNDRED & 00 /100 DOLLARS F. Storm Drainage Fee: $ 356.00 THREE HUNDRED FIFTY -SIX & 00 /100 DOLLARS G. One Year Power Cost: $ 35.00 THIRTY -FIVE & 00 /100 DOLLARS H. Street Trees: By Developer I. Map Checking Fee: N/A J. Park Fee: Zone II N/A Acct #480416 -011 K. Water Main Reimbursement Fee: $1,460.00 ONE THOUSAND FOUR HUNDRED SIXTY & 00/100 DOLLARS L. Maps and/or Improvement Plans As specified in Item #23 of Agreement