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HomeMy WebLinkAbout04-198 - Resolutions RESOLUTION NO. 04-198 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT, AND IMPROVEMENT SECURITIES FOR DRCDR00-41 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed on June 16, 2004, by Cabot Industrial Properties, L.P., a Delaware Limited Partnership, as Developers, for the improvement of the public right-of-way adjacent to the real property specifically described therein and generally located on the south side of 6th Street between Haven and Hermosa Avenues; and WHEREAS, said Improvement Agreement is secured and accompanied by good an sufficient Improvement Securities, which are 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 Securities are 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. 04-198 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 16`h day of June 2004. AYES: Alexander, Gutierrez, Howdyshell, Kurth, Williams NOES: None ABSENT: None ABSTAINED: None rdG William J. Ar nder, Mayor ATTEST: ebra J. Adam MC, 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 16`h day of June 2004. Executed this 17`h day of June 2004, at Rancho Cucamonga, California. Debra J. Ada CMC, City Clerk