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CC Resolution No. 9783- RESOLUTION NO. 9783 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING FINAL PLAN FOR THE IMPROVEMENT OF FRONTAGE LOCATED AT 10115 LOCKWOOD DRIVE; DEVELOPER, CHEN'S GOLDEN STAR INVESTMENTS, LP, 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 at 10115 Lockwood Drive by Chen's Golden Star Investments, LP; 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 10115 Lockwood Drive 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 3rd day of February, 1997, by the following vote: Vote Members _o_f the City Council AYES: Burnet t, NOES: None ABSENT: None ABSTAIN: None Chang, Dean, Sorensen, Bautista ATTEST: APPROVED: ~ M y~Cfty of Cup~'l~fnc; Resolution No. 9783 Page 2 DEVELOPMENT: LOCATION: EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS Single-Family Homes Chen's Golden Star Investments, LP 10115 Lockwood Drive A. Faithful Performance Bond: $11,450.00 ELEVEN THOUSAND FOUR HUNDRED FIFTY & 00/100 DOLLARS B. Labor & Material Bond: $11,450.00 ELEVEN THOUSAND FOUR HUNDRED FIFTY & 00/100 DOLLARS C. Checking & Inspection Fees: TWO HUNDRED SIXTY-SIX & 00/100 DOLLARS $ 266.00 D. Indirect City Expenses: N/A E. Development Maintenance Deposit: FIVE HUNDRED & 00/100 DOLLARS $ 500.00 F. Storm Drainage Fee: Basin #3 TWO HUNDRED NINETY-FIVE & 00/100 DOLLARS $ 295.00 G. One Year Power Cost: N/A H. Street Trees: By Developer I. Map Checking Fee: N/A J. Park Fee: Zone I N/A Acct # 480-416-011 K. Water Main Reimbursement: ONE THOUSAND FIVE HUNDRED THIRTY & 00/100 DOLLARS $ 1,530.00 Lo Maps &/or Improvement Plans: As specified in Item #23 of agreement