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CC Resolution No. 9910- RESOLUTION NO. 9910 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING PARCEL MAP OF PROPERTY LOCATED AT 10227 ADRIANA AVENUE, APN 326-20-019; DEVELOPER, R & Z DEVELOPMENT CO., INC., A CALIFORNIA CORPORATION; AUTHORIZING EXECUTION OF IMPROVEMENT AGREEMENT; AUTHORIZING SIGNING OF PARCEL MAP WHEREAS, there has been presented to the City Council for approval of the parcel map of property located at 10227 Adriana Avenue by R & Z Development Co., Inc., a California Corporation; 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 (letter of credit), 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 parcel map herein referred to is hereby approved. The offer of dedication for street areas and all easements is hereby accepted. The City Engineer and the City Clerk are hereby authorized to sign said parcel map and have it recorded. 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 21st day of July, 1997, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Bumett, Chang, Dean, Sorensen, Bautista None None None ATTEST: APPROVED: , a~'r, City'of ~t~l}~ ~r[~no - Resolution No. 9910 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Single-Family Homes R & Z Development Co., Inc., a Cali£omia Corporation LOCATION: 10227 Adriana Avenue, APN 326-20-019 A. Faithful Performance Bond: EIGHTY-THREE THOUSAND AND 00/100 DOLLARS $ 83,000.00 B. Labor and Material Bond: EIGHTY-THREE THOUSAND AND 00/100 DOLLARS $ 83,000.00 C. Checking and Inspection Fees: $ 4,150.00 FOUR THOUSAND ONE HUNDRED FIFTY AND 00/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS $ 1,000.00 F. Storm Drainage Fee: Basin #3 $ 1,190.00 ONE THOUSAND ONE HUNDRED NINETY AND 00/100 DOLLARS G. One Year Power Cost: ONE HUNDRED EIGHT AND 00/100 DOLLARS N/A H. Street Trees: By Developer I. Map Checking Fee: THREE HUNDRED EIGHTY-ONE AND 00/100 DOLLARS $ 381.00 J. Park Fee: Zone II Acct # 480-416-011 THIRTY-ONE THOUSAND FIVE HUNDRED AND 00/100 DOLLARS $ 31,500.00 K. Water Main Reimbursement: FIVE HUNDRED THIRTY-EIGHT AND 00/100 DOLLARS $ 538.00 Maps and/or Improvement Plans: As specified in Item #23 of agreement