HomeMy WebLinkAbout99-076 - ResolutionsRESOLUTION NO. 99-076
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA, APPROVING
IMPROVEMENTAGREEMENT AND IMPROVEMENT SECURITIES
FOR TRACT 13851 AND RELEASING THE IMPROVEMENT
AGREEMENT AND IMPROVEMENT SECURITIES PREVIOUSLY
ACCEPTED BY CITY COUNCIL ON JANUARY 3, 1990 AND
AUGUST 1, 1990, RESPECTIVELY
WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for
its consideration an Improvement Agreement executed on April 7, 1999, by DPDG Fund I, LLC, as
Developer, for the improvements of public right-of-way specifically described therein for Tract
13851, and generally located north of Wilson Avenue and west of Deer Creek Channel; and
WHEREAS, said Improvement Agreement is secured and accompanied by good
and sufficient Improvement Securities, which are identified in said Improvement Agreement; and
WHEREAS, the Developer is requesting that the City Council release the
Improvement Agreement and Securities previously accepted by City Council on January 3, 1990
and August 1, 1990 respectively and replace them with new Improvement Agreement and
Securities.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, HEREBY RESOLVES as follows:
1. That said Improvement Agreement and Securities submitted by DPDG Fund I,
LLC, are hereby approved; and
2. The previously accepted Improvement Agreement and Securities from Pacific
International Development, Inc. are released and the City Clerk is authorized to
replace same with said Improvement Agreement and Securities; and
3. The Mayor is hereby authorized to sign said Improvement Agreement on behalf
of the City of Rancho Cucamonga, and the City Clerk to attest hereto.
PASSED, APPROVED, AND ADOPTED this 7th day of April, 1999.
Alexander, Biane, Curatalo, Dutton, Williams
AYES:
NOES: None
ABSENT: None
ABSTAINED: None
'.~. ,_._11,,%
William J. Alexa/~er, Mayor
Resolution No. 99-076
Page 2
ATTEST:
Debra J. Adar~'i 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 April, 1999.
Executed this 8th day of April, 1999, at Rancho Cucamonga, California.
Debra J. Ad~~a MC, City Cler~~kk