CC Resolution No. 9705- RESOLUTION NO. 9705
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
APPROVING THE FINAL MAP AND IMPROVEMENT PLANS OF TRACT
NO. 8822, LOCATED ON PENINSULA AVENUE; DEVELOPER,
PENINSULA 7-DEBCOR GROUP, INC. PARTNER; 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. 8822, located on Peninsula Avenue,
showing certain avenues, drives, places, and roads by Peninsula 7-Debcor Group, Inc.
Partner; 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. 8822, 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 16th day of September, 1996, by the following vote:
Resolution No. 9705
Page 2
Vote Members of the City. Council
AYES: Bautista, Chang, Dean, Sorensen, BurneCC
NOES: ltone
ABSENT: lqone
ABSTAIN: lqone
ATTEST: APPROVED:
Mayor, City of Cupertino
Resolution No. 9705
Page 3
EXHIBIT "A"
SCHEDULE OF BOND, FEES, AND DEPOSITS
DEVELOPMENT: Tract No. 8822
Peninsula 7-Debcor Group, Inc. Partner
LOCATION: Peninsula Avenue
A. Faithful Performance Bond: $ 61,424.00
SIXTY-ONE THOUSAND FOUR HUNDRED TWENTY-FOUR & 00/100 DOLLARS
B. Labor & Material Bond: $ 61,424.00
SIXTY-ONE THOUSAND FOUR HUNDRED TWENTY-FOUR & 00/100 DOLLARS
C. Checking & Inspection Fees: $ 3,071.20
THREE THOUSAND SEVENTY-ONE & 20/100 DOLLARS
D. Indirect City Expenses: N/A
E. Development Maintenance Deposit: $ 3,000.00
THREE THOUSAND & 00/100 DOLLARS
F. Storm Drainage Fee: Basin #3 $ 1,416.00
ONE THOUSAND FOUR HUNDRED SIXTEEN & 00/100 DOLLARS
G. One Year Power Cost: $ 300.00
THREE HUNDRED & 00/100 DOLLARS
H. Street Trees: By Developer
I. Map Checking Fee: $ 408.00
FOUR HUNDRED EIGHT & 00/100 DOLLARS
J. Park Fee: Zone I $110,250.00
Acct # 480-416-011
ONE HUNDRED TEN THOUSAND TWO HUNDRED FIFTY AND & 00/100 DOLLARS
K. Water Main Reimbursement: $ 12,517.63'
TWELVE THOUSAND FIVE HUNDRED SEVENTEEN & 63/100 DOLLARS
L. Maps &/or Improvement Plans: As specified in
Item #23 of agreement
*Water Main Reimbursement*
8" D.I.P. 653.41L. F. x $11.90/L. F. = $ 7,775.58
Type I Trench 653.41L. F. x $5.00/L. F. = $ 3,267.06
Fire Hydrant 1 ea. X $1,475.00 = $1,475.00
$12,517.63'
10' Roadway Vacation (retaining P.U.E.) = $12,000.00 (110-464-000)