HomeMy WebLinkAbout02-093 - Resolutions RESOLUTION NO. 02-093
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA, APPROVING A STREET
FRONTAGE REIMBURSEMENT AGREEMENT (SRA-26)
EXECUTED ON MARCH 20, 2002, FOR THE INSTALLATION OF
BANYAN STREET (FORMERLY SUMMIT AVENUE) FROM
BLUEGRASS AVENUE TO ETIWANDA AVENUE
WHEREAS, the City Council of the City of Rancho Cucamonga has for its
consideration a street frontage Reimbursement Agreement submitted by Panda Development, as
developer of Tract 13812 for the installation of Banyan Street (formerly Summit Avenue) from
Bluegrass Avenue to Etiwanda Avenue—SRA-26; and
WHEREAS, the developer, at the developer's expense, has completed said street
improvements; and
WHEREAS, the developer request reimbursement from future development for the
portion of street improvements beyond the limits of his development as entitled to per the conditions
of his development by means of said Reimbursement Agreement.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, DOES HEREBY RESOLVE that said reimbursement agreement be and same is
hereby approved, and the Mayor is hereby authorized to sign said reimbursement agreement on
behalf of the City of Rancho Cucamonga, and the City Clerk to attest hereto and cause said
agreement to record.
PASSED, APPROVED, AND ADOPTED this 20`" day of March 2002.
AYES: Alexander, Biane, Curatalo, Dutton, Williams
NOES: None
ABSENT: None
ABSTAINED: None
William J. t
xander, Mayor
Resolution No. 02-093
Page 2 of 2
ATTEST:
J"Cc-
ebra J. Adam MC, 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 20th day of March 2002.
Executed this 21 s'day of March 2002, at Rancho Cucamonga, California.
9404C Q 44. )
Adarr&/CMC, City Clerk