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HomeMy WebLinkAbout05-249 - Resolutions RESOLUTION NO. 05-249 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT, AND IMPROVEMENT SECURITY FOR RANCHO ETIWANDA ESTATES INFRASTRUCTURE (TENTATIVE TRACTS 16226 AND 16227) WHEREAS, The City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement by JTY Investment LLC, as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located north of the extension of Day Creek Boulevard and west of Etiwanda Avenue; and WHEREAS, the installation of such backbone infrastructure 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 referred to as Tracts 16226-1, 16226-2, 16226, 16227-1, 16227-2 and 16227, the first two of which are scheduled for concurrent approval; and WHEREAS, said improvement Agreement is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement all the requirements established as prerequisite to approval of the final map by the City NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, HEREBY RESOLVES 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 Security is accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. Please see the following page for formal adoption,certification and signatures Resolution No. 05-249 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 7'h day of September 2005. AYES: Alexander, Gutierrez, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None to William J. Alex nder, Mayor ATTEST: Debra CMC, City Clerk 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 7 1 day of September 2005. Executed this 8`h day of September 2005, at Rancho Cucamonga, California. A4t,w-a a Debra J. Ada MC, City Clerk