Loading...
HomeMy WebLinkAbout10-160 - Resolutions RESOLUTION NO. 10-160 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 EAST SIDE OF ETIWANDA AVENUE, SOUTH OF BASE LINE ROAD WHEREAS, the City Council of the City of Rancho Cucamonga has for its consideration a Reimbursement Agreement (URA-27) submitted by KB HOME, as developer for Tract 17455 and 16643, for the undergrounding of the existing overhead utilities on the east side of Etiwanda Avenue, south of Base Line Road (URA-27); and WHEREAS, the Developer, at the Developer's expense, has completed said utility undergrounding; and WHEREAS, the owners of the adjoining properties have shared in the expense of the utility undergrounding by paying previously in-lieu fees and the other parcels will share 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 $ 191,181.35 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,certification and signatures I PASSED, APPROVED, AND ADOPTED this 3rd day of November 2010. AYES: Kurth, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None Donald J. Kurth, M.D., Mayor ATTEST: lice C. Reynolds, City 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 3rd day of November 2010. Executed this 4'h day of November 2010, at Rancho Cucamonga, California. nice C. Reynolds, City C16& Resolution No. 10-160 - Page 2 of 2