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HomeMy WebLinkAbout01-243 - Resolutions RESOLUTION NO. 01-243 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR PM 15579 (CUP 00-34) WHEREAS,the City Council of the City of Rancho Cucamonga,California,has for its consideration an Improvement Agreement by Costco Wholesale Corporation, a Washington Corporation, as successor by merger to the Price Company, as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein,and generally located on the north side of 4`h Street between Buffalo Avenue and the 1-15 Freeway ramps; 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 PM 15579 (CUP 00-34); 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 7`h day of November 2001. AYES: Alexander, Biane, Curatalo, Dutton, Williams NOES: None ABSENT: None ABSTAINED: None William . Alexande , Mayor Resolution No. 01-243 Page 2 of 2 ATTEST: Debra J. Adams C, City Clerk I, DEBRA J.ADAMS,CITY CLERK of the City of 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 7th day of November 2001. Executed this 8`h day of November 2001, at Rancho Cucamonga, California. aD 2 6� Debra J. Adams, C, ity Clerk