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HomeMy WebLinkAbout87-526 - Resolutions RESOLUTION NO. 87-526 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCMO COCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SEf~3RITY FOR TRACT NO. 13057 AND RELEASING IMPROVEMENT AGREEMENT AND IMPROVEMENT S EC~3RITY PREVIOUSLY SUBMITTED BY THE WILLIAM LYON COMPANY WHEREAS, Tract Map No. 13057, consisting of 149 lots, submitted by The WLlliam Lyon Company, Subdivider, located between Milliken Avenue and The Deer Creek (~annel, northerly of the Southern Pacific Railroad tracks approved by City Council on August 6, 1986, and an Improvement A~reement and Improvement Security were accepted. The Fieldstone Company, the new developer of Tract 13057, has offered the Improvement Agreement submitted herewith for approval and execution by said City, together with good and sufficient Improvement Security to replace the Improvement Agreement and Security accepted by the City on August 6, 1986, submitted by The William Lyon Company. NCW,, THEREFORE. BE IT RESOLVED by the City Council of the City of Rancho Cucsmonga. California. as follows: 1. That said Improvement A~reement submitted by The Fieldstone Company is approved and the Mayor is authorized to execute same on behalf of said City and The City Clerk is authorized to attest thereto: 2. That said Improvement Security is accepted as good and sufficient. subject to approval as to form and content thereof by the City Attorney: and 3. That the Improvement Agreement and Improvement Security submitted by The Williem Lyon Company be re/eased. PASSED, APPROVED, and ADOPTED this 7th day of October, 1987. AYES: Brown, Buquet, Stout, King, Wright NOES: None ABSENT: None Dennis'L. Stout. Mayor Resolution No. 87-526 Page 2 ATTEST: Beverly A Au~. I, BEVERLY A. AUTHELET, 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 7th day of October, 1987. Executed this 8th day of October, 1987 at Rancho Cucamonga, Ca1 ifornia. Beverly A Aut~