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CC Resolution No. 05-066 RESOLUTION NO. 05-066 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE PARCEL MAP AND IMPROVEMENT PLANS OF PROPERTY LOCATED AT 21851 LOMITA A VENUE, APN 357-16-064; DEVELOPER, LANDS OF LI; 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 and improvement plans of property located at 21851 Lomita Avenue, APN 357-16-064 by Lands ofLi; 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 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. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 3'd day of May, 2005, by the following vote: Vote Members of the City Council AYES: NOES: ABSENT: ABSTAIN: Kwok, Lowenthal, Sandoval, Wang, James None None None ATTEST: ~~ ~~~ City Clerk \ Resolution No. 05-066 Page 2 EXHIBIT "An SCHEDULE OF BOND, FEES, AND DEPOSITS DEVELOPMENT: Lands ofLi LOCATION: 21851 Lomita Avenue APN 357-16-064 A. Faithful Performance Bond: $ 20,274.00 TWENTY THOUSAND TWO HUNDRED SEVENTY-FOUR AND 00/100 DOLLARS B. Labor and Material Bond: $ 20,274.00 TWENTY THOUSAND TWO HUNDRED SEVENTY-FOUR AND 001100 DOLLARS C. Checking and Inspection Fee: $ 2,268.00 TWO THOUSAND TWO HUNDRED SIXTY-EIGHT AND 001100 DOLLARS D. Development Maintenance Deposit: ONE THOUSAND AND 00/100 DOLLARS $ 1,000.00 E. Storm Drainage Fee: Basin 2 FIVE HUNDRED NINETY-THREE AND 40/100 DOLLARS $ 593.40 F. Street Light - One Year-Power Cost: N/A G. Map Checking Fee: FIVE HUNDRED TWENTY AND 00/100 DOLLARS $ 520.00 J. Park Fee: Zone I $ 15,750.00 FIFTEEN THOUSAND SEVEN HUNDRED FIFTY AND 00/100 DOLLARS