HomeMy WebLinkAbout98-182 - Resolutions RESOLUTION NO. 98-182
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAM.ONGA, CALIFORNIA, APPROVING
IMPROVEMENT AGREEMENT, IMPROVEMENT SECURITY,
MONUMENTATION CASH DEPOSIT AND RELATED
AGREEMENTS FOR TRACT 13812 AND RELEASING THE
IMPROVEMENT A~REEM;ENT, IMPROVEMENT SECURITY,
MONUMENTATION CASH DEPOSIT AND RELATED
AGREEMENTS PREVIOUSLY ACCEPTED BY CITY COUNCIL ON
SEPTEMBER 20, 1990
WHEREAS, the City Council of the City of Rancho Cucamonga, California did
consider an Improvement Agreement, related Security and Monumentation Cash Deposit,
submitted by Wealth V, LLC, as developer, for the improvement of public right-of-way adjacent to
the real property specifically described therein, and generally located on the west side of Etiwanda
Avenue, south of Summit Avenue and release of the previously approved Improvement Agreement,
Security, Monumentation Cash Deposit and related agreements for Watt Southern California, Inc.,
and
WHEREAS, sand 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, CALIFORNIA, HEREBY RESOLVES that:
(1) said Improvement Agreement, Security, Monumentation
Cash Deposit and related agreements submitted by Wealth
V., LLC are hereby approved;
(2) the previously approved Improvement Agreement, Security,
Monumentation Cash Deposit and related agreements from
Watt Southern California, Inc., are hereby released and;
(3) the Mayor is hereby authorized to sign said Improvement
Agreement and related agreements on behalf of the City of
Rancho Cucamonga, and the City Clerk to attest thereto.
Resolution No. 98-182
Page 2
PASSED, APPROVED, AND ADOPTED this 7th day of October, 1998.
AYES: Alexander, Curatalo, Dutton, Williams
NOES: None
ABSENT: Biane
ABSTAINED: None
William J. AI Mayor
ATTEST:
~a J. Ad~r~, 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 7th day of October, 1998.
Executed this 8th day of October, 1998, at Rancho Cucamonga, California.
Debra J. Adar~'/, CMC, City Clerk