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HomeMy WebLinkAbout90-088 - Resolutions RESOLUTION NO. 90-088 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT EXTENSION AND IMPROVEMENT SECURITY FOR DR 87-19 AND -20 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement Extension executed on February 21, 1990, by Indumar Investments as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located on the northeast corner of 6th Street and Hermosa 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 DR 87-19 and -20; and WHEREAS, said Improvement Agreement Extension is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement Extension. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga, California, does hereby resolve that said Improvement Agreement Extension and said Improvement Security be and the same are hereby approved and the Mayor is hereby authorized to sign said Improvement Agreement Extension on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. PASSED, APPROVED, and ADOPTED this 21st day of February, 1990. AYES: Alexander, Brown, Buquet, Stout, Wright NO ES: None ABSENT: No ne Dennis L. Stout, Mayor ATTEST: 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 21st day of February, 1990. Resolution No. 90-088 Page 2 Executed this 22nd day of February, 1990 at Rancho Cucamonga, Call fornia. 'Bebra J. Ad~s, City Clerk