HomeMy WebLinkAbout10-153 - Resolutions RESOLUTION NO. 10-153
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA, APPROVING A
REIMBURSEMENT AGREEMENT FOR THE UNDERGROUNDING
OF EXISTING OVERHEAD UTILITIES,LOCATED ON THE NORTH
SIDE OF 9TH STREET, EAST OF MADRONE AVENUE
WHEREAS, the City Council of the City of Rancho Cucamonga has for its
consideration a Reimbursement Agreement (URA-26) submitted by KB HOME, as developer for
Tract 17455,for the undergrounding of the existing overhead utilities on the north side of 9"'Street,
east of Madrone Avenue (URA-26); and
WHEREAS, the Developer, at the Developer's expense, has completed said utility
undergrounding; and
WHEREAS, the owner of the adjoining properties will share in the expense of the
utility undergrounding as stipulated in said Reimbursement Agreement.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, HEREBY RESOLVES, that said Reimbursement Agreement be and the same is
hereby approved and appropriate $60,880.73 to Account No. 1129303-5650/1026129-0 from
Underground Utilities Fund Balance 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 hereto and
cause said agreement to record.
Please see the following page
for formal adoption,certXlcadon and slgnatures
PASSED, APPROVED, AND ADOPTED this 6`h day of October 2010.
AYES: Gutierrez, Michael, Spagnolo, Williams
NOES: None
ABSENT: Kurth
ABSTAINED: None
1.
L. en is ichael, Ma r P o T m
ATTEST:
e
Janice C. Reynolds, C y Clerk
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 6`h day of October 2010.
Executed this 7th day of October 2010, at Rancho Cucamonga, California.
anice C. Reynolds, Cit Clerk
Resolution No. 10-153 - Page 2 of 2