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HomeMy WebLinkAbout01-197 - Resolutions RESOLUTION NO. 01-197 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR RANCHO ETIWANDA REVISED UNIVERSITY PROJECTAND THE UNIVERSITY ELEMENTARY SCHOOL FRONTAGE IMPROVEMENTS ♦ 1 ♦ WHEREAS,the City Council of the City of Rancho Cucamonga,California,has for its consideration an Improvement Agreement by Rancho Etiwanda 685, LLC, a Delaware Limited Liability Company, as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein,and generally located at the northwest comer of Summit and Bluegrass (formerly Hanley)Avenues; and WHEREAS, the installation of such improvements, described in said Improvement Agreement and subject to the terms thereof, is to be done in conjunction with the development of said real property referred to as Rancho Etiwanda Revised University Project and University Elementary School; and WHEREAS,said Improvement Agreement is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA HEREBY RESOLVES,as follows: `1" That said Improvement Agreement be and the same is approved and the Mayor is authorized to execute same on behalf of said City and the City Clerk is authorized to attest thereto; and 2. That said Improvement Security is accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. PASSED, APPROVED, AND ADOPTED this 5"'day of September 2001. AYES: Alexander, Biane, Curatalo, Dutton, Williams NOES: None ABSENT: None ABSTAINED: None illiam JAle n r, Mayoff Resolution No. 01-197 Page 2 of 2 ATTEST: D6ra J. Adam MC, City Clerk I, DEBRA J.ADAMS,CITY CLERK of the Cityof Rancho Cucamonga,California,do hereby certify that the foregoing Resolution was duly passed, approved and adopted by the City Council of the City of Rancho Cucamonga, California,at a Regular Meeting of said City Council held on the 5`h day of September 2001. Executed this 6`" day of September 2001, at Rancho Cucamonga, California. AL-4e9 D bra J. Adam , MC, City Clerk