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CC Resolution No. 02-101RESOLUTION NO. 02-101 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE FINAL MAP OF TRACT NO. 9405, LOCATED AT CAMPO DE LOZANO, 20075 DE PALMA LANE; DEVELOPER R & Z DEVELOPMENT COMPANY, INC.; AUTHORIZING SIGNING OF FINAL MAP AND EXECUTION OF AGREEMENT WHEREAS, there has been presented to the City Council for approval and for authorization to record final map of Tract No. 9405, located at Campo de Lozano, 20075 De Palma Lane, showing certain avenues, drives, places, and roads by R & Z Development Company, Inc.; 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 of Tract No. 9405, be and the same is hereby approved. b. The City Engineer and the City Clerk are hereby authorized to sign said final map. 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 3rd day of June, 2002, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Lowenthal, Chang, James, Kwok, Sandoval None None None ATTEST: City Clerk ~7 - Mayor, City of Cupertino Resolution No. 02-101 Page 2 EXHIBIT "A" SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: R & Z Development Company, Inc. Tract No. # 9405 LOCATION: Campo de Lozano, 20075 De Palma Lane A. Faithful Performance Bond: $118,200.00 ONE HUNDRED EIGHTEEN THOUSAND TWO HUNDRED AND 00/100 DOLLARS B. Labor and Material Bond: $118,200.00 ONE HUNDRED EIGHTEEN THOUSAND TWO HUNDRED AND 00/100 DOLLARS C. Checking and Inspection Fees: $ 5,910.00 FIVE THOUSAND NINE HUNDRED TEN AND 00/100 DOLLARS D. Indirect City Expenses: N/A E. Development Maintenance Deposit: $ 3,000.00 THREE THOUSAND AND 00/100 DOLLARS F. Storm Drainage Fee: $ 1,520.26 ONE THOUSAND FIVE HUNDRED TWENTY AND 26/100 DOLLARS G. One Year Power Cost: N/A H. Street Trees: By Developer I. Map Checking Fee: $ 553.00 FIVE HUNDRED FIFTY-THREE AND 00/100 DOLLARS J. Park Fee: $ 56,250.00 FIFTY-SIX THOUSAND TWO HUNDRED FIFTY AND 0/100 DOLLARS K. Water Main Reimbursement: L. Maps and/or Improvement Plans: N/A As specified in Item #22 of agreement