CC Resolution No. 4497 ~
RESOLUTION N0. 4497
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
APPROVING PARCEL MAP AND IMPROVEMENT PLANS OF PROPERTY
LOCATED ALONG NORTH WALNUT CIRCLE; DEVELOPER, MAY INVEST-
MENT COMPANY; AUTHORIZING EXECUTION OF IMPROVEMENT AGREE-
MENT; AUTHORIZING SIGNING OF PARCEL MAP AND IMPROVEMENT
PLANS
WHEREAS, there has been presented to the City Council for approval of
the parcel map and improvement plans of property located along North Walnut
Circle by May Investment 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 (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 and,impro~ement plans herein referred to are hereby
approved.
b. The offer of dedication for street areas and easements is hereby ac-
cepted.
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. ~
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 5th day of JulY , 1977, by the following vote:
Vote Members of the City Council
AYES: Jackson, Meyers, Nellis, 0'Keefe, Frolich
NOES: None
ABSENT: None
ABSTAIN: None
APPROVED:
ATTEST• /s/ Donald A. Frolich
• Mayor, City of Cupertino
/s/ Wm. E. Ryder
City Clerk
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Exhibit "A"
' Res. No. 4497
SG'HEDULE OF BOND, FEES AND DEPOSITS
DEVELOPMENT: Single Family Residences
May Investment Co.
LOCATION: North Walnut Circle
A. Faithful Performance Bond $14,000.00
B. Labor and Material Bond $14,000.00
C. Checking and Inspection Fee $ 700.00
D. Indirect City Expenses $ 105.00
E. Map Checking Fee $ 20.00
F. Development Maintenance Deposit $ 1,000.00
G. Storm Drainage Fee $ 1,161.00
H. One Year Power Cost $ 36.00
I. Tree Fees By Developer $ N/A
J. Park Fee $ 2,000.00