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HomeMy WebLinkAbout10-090 - Resolutions RESOLUTION NO. 10-090 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING A NEW IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR TRACT MAP 16227-2 AND RELEASING THE CURRENT IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY WHEREAS, Tract Map number 16227-2, consisting of 114 lots generally located north of Day Creek Boulevard on the west side of Etiwanda Avenue, was approved by the City of Rancho Cucamonga on July 5, 2006, and all of the requirements established as prerequisite to approval of the final map were met by entry into an Improvement Agreement guaranteed by acceptable Improvement Security by Lennar Homes of California, as developer; and WHEREAS, a new Developer, Ryland Homes of California, is now submitting for approval a substitute Improvement Agreement and Improvement Security. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA HEREBY RESOLVES, that said substitute Improvement Agreement and Improvement Security submitted by Ryland Homes of California, Inc., be and the same are hereby approved and the Mayor is hereby authorized to sign said agreement on behalf of the City of Rancho Cucamonga, and the City Clerk attest; and that the City Clerk is hereby authorized to release the Improvement Agreement and Improvement Security submitted by Lennar Homes of California, Inc. Please see the following page for formal adoption,certification and signatures PASSED, APPROVED, AND ADOPTED this 16`h day of June 2010. AYES: Gutierrez, Kurth, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None C ✓ L-- Donald J. Kurth, M.D., Mayor ATTEST: �afiice C. Reynolds, City Offerk I, JANICE C. REYNOLDS, 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 June 2010. Executed this 17`h day of June 2010, at Rancho Cucamonga, California. a2� � zg � 6�6nice C. Reynolds, City Clerk Resolution No. 10-090 - Page 2 of 2