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HomeMy WebLinkAbout03-012 - Resolutions RESOLUTION NO. 03-012 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, RELEASING THE IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITIES (FUTURE BUS BAY INSTALLATION ON 6T" STREET) FOR DR 00-31 WHEREAS, the City Council of the City of Rancho Cucamonga, California, adopted a Resolution on April 18, 2001, accepting an Improvement Agreement and Improvement Securities from Jefferson at Empire Lakes, L.P.; and WHEREAS, said Improvement Agreement and Improvement Securities are for the future installation of a bus bay on the north side of 6th Street; and WHEREAS, said Improvement Agreement and Improvement Securities are no longer required due to cash deposit as full payment by the Developer; and NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Rancho Cucamonga does hereby release said Improvement Agreement and Improvement Securities (future Bus Bay installation on 6th Street) from DR 00-31. Please see the following page for formal adoption,certification and signatures Resolution No. 03-012 Page :' of 2 PASSED, APPROVED, AND ADOPTED this 15th day of January 2003. AYES: Alexander, Gutierrez, Howdyshell, Kurth NOES: None ABSENT: Williams ABSTAINED: None illiam J. Alex der, ayor ATTE;T: A-4�,e� �4L � Debra J. Adams, CMC, 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 adoptej by the City Council of the City of Rancho Cucamonga, California, at a Regular Meeting of said City Council held on the 15'h day of January 2003. Executed this 16`h day of January 2003, at Rancho Cucamonga, California. Xa" SL ak," Debra J. Adams, C, City Clerk