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CC Resolution No. 9715 RESOLUTION NO. 9715 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING PARCEL MAP AND IMPROVEMENT PLANS OF PROPERTY LOCATED AT 10382 STELLING ROAD; DEVELOPER, PINEBRIDGE, A CALIFORNIA LIMITED LIABILITY COMPANY; 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 of property located at 10382 Stelling Road, by Pinebridge, a California Limited Liability Company; 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 faithfial 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 7th day of October, 1996, by the following vote: Resolution No. 9715 Page 2 Vote Members ~.fthe City. Council AYES: Baut~sta, Chang, Dean, Sorensen, Burnett NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: Resolution No. 9715 Page 3 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single-Family Homes Pinebridge, a California Limited Liability Company LOCATION: 10382 Stelling Road A. Faithful Performance Bond: $ 52,772.50 FIFTY-TWO THOUSAND SEVEN HUNDRED SEVENTY-TWO & 50/100 DOLLARS B. Labor and Material Bond: $ 52,772.50 FIFTY-TWO THOUSAND SEVEN HUNDRED SEVENTY-TWO & 50/100 DOLLARS C. Checking and Inspection Fees: $ 2,638.63 TWO THOUSAND SIX HUNDRED THIRTY-EIGHT AND 63/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: $ 3,000.00 THREE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: Basin #2 $ 580.59 FIVE HUNDRED EIGHTY AND 59/100 DOLLARS G. One Year Power Cost: N/A H. Street Trees: By Developer I. Map Checking Fee: $ 381.00 THREE HUNDRED EIGHTY-ONE AND 00/100 DOLLARS J. Park Fee: Zone II $ 31,500.00 Acct # 480-416-022 THIRTY THOUSAND FIVE HUNDRED AND 00/100 DOLLARS K. Water Main Reimbursement: N/A L. Maps and/or Improvement Plans: As specified in Item #23 of agreement