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HomeMy WebLinkAbout05-312 - Resolutions RESOLUTION NO. 05-312 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING A REIMBURSEMENT AGREEMENT FOR IMPROVEMENTS TO BANYAN STREET, BETWEEN BLUEGRASS AVENUE AND THE WEST BOUNDARY OF TRACT 13812, SRA-38 WHEREAS, the City Council of the City of Rancho Cucamonga has for its consideration a Reimbursement Agreement submitted by Rancho Etiwanda 685, LLC, the Developer, for off site improvements in conjunction with the development of the Rancho Etiwanda Project adjacent to Tract 13812, on the south side of Banyan Street between Bluegrass Avenue and the west tract boundary; and WHEREAS, the Developer, at Developer's expense, has completed the required improvements; and WHEREAS, the City has on deposit a contribution in lieu of construction for these improvements from an adjacent developer. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, HEREBY RESOLVES that said Reimbursement Agreement be and the same is hereby approved and the Mayor is hereby authorized to sign said Reimbursement Agreement on behalf of the City of Rancho Cucamonga and the City Clerk to attest thereto. Please see the following page for formal adoption,certification and signatures Resolution No. 05-312 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 16th day of November 2005. AYES: Alexander, Gutierrez, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None 4J. er, ayor ATTEST: )f _ Debra J. Ada6d, 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 16th day of November 2005. Executed this 17`h day of November 2005, at Rancho Cucamonga, California. Debra J. AdamC,,QMC, City Clerk