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HomeMy WebLinkAbout04-264 - ResolutionsRESOLUTION NO. 04-264 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING A MASTER PLAN TRANSPORTATION FACILITY REIMBURSEMENT AGREEMENT FOR THE INSTALLATION OF A TRAFFIC SIGNAL AT THE INTERSECTION OF BANYAN STREET AND ETIWANDA AVENUE WHEREAS, the City Council of the City of Rancho Cucamonga has for its consideration a Master Plan Transportation Facility Reimbursement Agreement submitted by Pacific Crest Communities, Inc., the developer of Tract 16147, for the installation of a traffic signal at the intersection of Banyan and Etiwanda Avenue; and WHEREAS, the developer, at developer's expense, has completed the required improvements; and WHEREAS; the developer request reimbursement for the portion of the traffic signal improvements 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, CALIFORNIA, HEREBY RESOLVES that said reimbursement agreement be and the same is hereby approved and the Mayor is herby authorized to sign said Reimbursement Agreement on behalf of the City of Rancho Cucamonga and the City Clerk to attest thereto and cause said agreement to record. Please see the following page for formal adoption, certification and signatures Resolution No. 04-264 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 18th day of August 2004. AYES: Alexander, Gutierrez, Howdyshell, Kurth, Williams NOES: None ABSENT: None ABSTAINED: None ATTEST: J vwj I V" j D ra J. AdaW , 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 adopted by the City Council of the City of Rancho Cucamonga, California, at a Regular Meeting of said City Council held on the 18th day of August 2004. Executed this 19th day of August 2004, at Rancho Cucamonga, California. Debra J. Adalmd, CMC, City Clerk