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HomeMy WebLinkAbout95-167 - ResolutionsRESOLUTION NO. 95-167 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, RELEASING A REAL PROPERTY IMPROVEMENT CONTRACT AND LIEN AGREEMENT FROM FOOTHILL MARKETPLACE PARTNERS WHEREAS, the City Council of the City of Rancho Cucamonga adopted Resolution No. 92-134 and 94-044 accepting an Improvement Agreements with Lien Rights in Lieu of Completion Bond as security with respect to completion of certain on-site grading and drainage improvements from Foothill Marketplace Partners; and WHEREAS, said Improvement Agreement with Lien Rights in Lieu of Completion Bond was recorded in Official Records of San Bernardino County, California, on June 2, 1992, and April 14, 1994, as Document Nos. 92230762 and 94176321, respectively; and WHEREAS, said Improvement Agreement with Lien Rights in Lieu of Completion Bond is no longer required. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Rancho Cucamonga does hereby release said Improvement Agreement with Lien Rights in Lieu of Completion Bond and that the City Clerk shall cause Release of Lien to be recorded in the office of the County Recorder of San Bernardino County, California. ATTEST: .Debra J. Ad~i"ms, C , ' y PASSED, APPROVED, AND ADOPTED this 6th day of December, 1995. AYES: Alexander, Biane, Curatalo, Gutierrez, Williams NOES: None ABSENT: None William J. A/~X'ander, Mayor Resolution No. 95-167 Page 2 I, DEBRA J. ADAMS, CITY CLERK of the City of Rancho Cucamonga, Califomia, 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 6th day of December, 1995. Executed this 7th day of December, 1995, at Rancho Cucamonga, California.