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HomeMy WebLinkAbout91-267 - Resolutions Rf240~~AGf2~A RESOLUI~ON NO. 91-267 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO ~, CALIFORNIA, APPROVING IMPROVf24f~T AGRa, AND ~OVf2452~T SECURITI~ FOR 24TH STR~, CPI~RRY AV~qUE, TRAFFIC SIGNAL AND A 30" W~TER L/NE IN 24TH WHEREAS, the City Council of the City of Rancho Cucamonga has for its consideration Improvement Agreements executed by First City/Hunter's Ridge Limited Partnership as developer, for the improvement of Public right-of-way generally located in 24th Street and Cherry 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 Tract 13750 located within the City of Fontana; and WHEREAS, said Improvement Agreements secured and accc~panied by good and sufficient Improvement Securities, which is identified in said Improvement Agreements. NOW, THEREFOR, the City Council of the City of Rancho Cucamonga does hereby resolve as follows: 1. That said Improvement Agreements 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 Improv~t Securities are accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. NOT PASSfD, APPROVfD or ADOPTED this 18th day of September, 1991.