HomeMy WebLinkAbout98-127 - ResolutionsRESOLUTION NO. 98-127
RESOLUTION OF CITY COUNCIL AUTHORIZING RELEASE OF
MEMORANDUM OF UNDERSTANDING AGREEMENT RELATING
TO THE RETROFIT OF A FLOOD WALL FOR TRACT t3566 AND
REFUND OF SECURITY DEPOSIT $50,000.00, LOCATED SOUTH
OF WILSON AVENUE ADJACENT TO THE SAN SEVAINE
BASINS, SUBMITTED BY RANCHO CUCAMONGA, LLC, A
CALIFORNIA LIMITED LIABILITY COMPANY
WHEREAS, City Council approved the Memorandum of Understanding Agreement
on November 20, 1996. This Memorandum of Understanding Agreement provided for retrofit of the
existing flood wall along the westerly boundary of TR 13566. The deposit of $50,000 is security for
the retrofit.
WHEREAS, processing of the FEMA map revision for this area has been completed.
This area is designated to be outside the 500-year floodplain. The condition of approval, regarding
change of Flood Zone designation for the project area, has been satisfied.
NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA HEREBY RESOLVES AS FOLLOWS:
SECTION 1: That the above recitals are all true and correct.
SECTION 2: That said Memorandum of Understanding Agreement is hereby
released and Finance is authorized to refund the deposit of $50,000.00.
PASSED, APPROVED, AND ADOPTED this 1st day of July, 1998.
Alexander, Biane, Curatalo, Williams
AYES:
NOES: None
ABSENT: None
ABSTAINED: None
William J,,~lexander'~ Mayor
ATTEST:
Resolution No. 98-127
Page 2
I, DEBRA J. ADAMS, CITY CLERKof 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 1st day of July, 1998.
Executed this 6th day of July, 1998, at Rancho Cucamonga, California.