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HomeMy WebLinkAbout91-186 - Resolutions RESOLUTION NO. 91-186 A RESOLUI~ON OF THE CITY COUNCIL OF THE CITY OF RANCHO ~, CALIFORNIA, APPROVING IMPROV~4K~T AG~~, ~ SECURITIES FOR AM~qDING TRACT NO. 10210 AND PREVIOUSLY A~ WHEREAS, Tract No. 10210, located on the north side of Almond Avenue, west of Sapphire Street was approved by City Council on September 4, 1985; and WHEREAS, an Amending Map for Tract 10210 was approved by City Council on October 18, 1989, due to lot line adjustment and special setback require- WHEREAS, First Hotel Investment Corporation, a Delaware Corporation has offered the Improvement Agreement su~tted herewith for approval and execution by said city, together with good and sufficient Improvement Securities. Said Improve~_nt Agreement and Improvement Securities replaces Improvement Agreements and Improvement Securities accepted at the City Council meetings of November 16, 1988, and October 18, 1989, respectively. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga does hereby resolve 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; and 3. ~nat the Improvement Agreements and Improvement Securities for public improvements accepted at the City Council meetings of November 16, 1988, and Improvement Agreement and Improvement Securities for und~ utilities acoepted at the City Oouncil meeting of October 18, 1989, are hereby released. PASS~D, AP~, and ADOPI~D this 3rd day of July, 1991. AYES: Alexander, Buquet, Stout, Williams, Wright NOES: None ABS~I~T: None Resolution No. 91-186 Page 2 Dennis L. Stout, Mayor I, DEBRA J. ADAMS, CITY cLRRK 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 Cucamo~, California, at a regular meeting of said City Council held on the 3rd day of July, 1991. Executed this 5th day of July, 1991 at Rancho Cucamonga, California. 'D~a J, ~ City Clerk