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HomeMy WebLinkAbout03-140 - Resolutions RESOLUTION NO. 03-140 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR DRC2001-00718 WHEREAS,the City Council of the Cityof Rancho Cucamonga,California, has for its consideration an Improvement Agreement by Oltmans Construction Company as developer,for the improvement of public right-of-way adjacent to the real property specifically described therein,and generally located on the east side of Buffalo Avenue north of 4th Street and at the cul-de-sac terminus of Charles Smith Avenue; 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 DRC2001-00718; 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. Please see the following page for formal adoption,certification and signatures Resolution No. 03-140 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 4'h day of June 2003. AYES: Alexander, Gutierrez, Howdyshell, Williams NOES: None ABSENT: Kurth ABSTAINED: None William J. 7-4-nder, Mayor ATTEST: e ra J. Ad s, CMC, City Clete 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,ata Regular Meeting of said City Council held on the 4'h day of June 2003. Executed this 5'h day of June 2003, at Rancho Cucamonga, California. 1e S� �, D ra J. Ada C C, City Clerk