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HomeMy WebLinkAbout05-058 - Resolutions RESOLUTION NO. 05-058 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENTS EXTENSION AND IMPROVEMENT SECURITIES FOR PM 16245 AND PM 16245 FOURTH STREET STORM DRAIN SYSTEMS WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreements Extension executed on February 16, 2005, by Jefferson on Fourth, L.P., as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located at the northwest corner of 4'" Street and Milliken Avenue; and WHEREAS, the installation of such improvements, described in said Improvement Agreements and subject to the terms thereof, is to be done in conjunction with the development of said PM 16245 and PM 16245 Fourth Street Storm Drain Systems; and WHEREAS, said Improvement Agreements Extension is secured and accompanied by good and sufficient Improvement Securities, which is identified in said Improvement Agreements Extension. NOW, THEREFORE, The City Council of The City of Rancho Cucamonga hereby resolves, that said Improvement Agreements Extension and said Improvement Securities be and the same are hereby approved and the Mayor is hereby authorized to sign said Improvement Agreements Extension on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. PASSED, APPROVED, AND ADOPTED this 16`h day of February 2005. AYES: Alexander, Gutierrez, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None 4AIex'Williader, Mayor ATTEST: 4uUt-(W-c Debra J. Ada CMC, City Clerk Resolution No. 05-058 Page 2 of 2 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 February 2005. Executed this 17`h day of February 2005, at Rancho Cucamonga, California. Debra J. A s, CMC, City Clerk