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HomeMy WebLinkAbout89-348 - Resolutions RESOLUTION NO~ 89-348 A RESOLUTION OF THE .CITY COUNCIL .OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA,~ APP. ROVI.NG IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR DEVELOPMENT REVIEW NOS. 87-19 AND 87-20 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed on August 2, 1989, by Indumar Investments, Inc., as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located on the north and south side of Sharon Circle, east of 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 real property as referred to Planning Commission, Development Review Nos. 87-19 and 87-20; and WHEREAS, said Improvement Agreement is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA DOES HEREBY RESOLVE that said Improvement Agreement and said Improvement Security be and the same are approved and the Mayor is authorized to sign said Improvement Agreement on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. PASSED, APPROVED, and ADOPTED this 2nd day of August, 1989. AYES: Alexander, Brown, Stout NOES: None ABSENT: Buquet, Wright - ' ' L. Sto~t, Mayor ATTEST: Debra J. Ad~s, City Clerk Resolution No. 89-348 Page 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, ~,t a.~egular.~meeting of sa~id £ity Council] held .on the 2nd day of August, 198.9. ................. ,, .... Executed this 3rd day of August,, 1989 at Rancho Cucamonga, California. .. - . 'lDebra J. A~ams, City Clerk