HomeMy WebLinkAbout10-175 - Resolutions RESOLUTION NO. 10-175
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 V 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. 1129303-565011026129-0 from
Underground Utilities Fund Balance and the Mayor is herby 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.
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PASSED, APPROVED, AND ADOPTED this 1" day of December 2010.
AYES: Michael, Spagnolo, Williams
NOES: None
ABSENT: None
ABSTAINED: Alexander
L. ennis Michael, Mayor
ATTEST:
Ja ice C. eynold' , City Clerk
u 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 1s' day of December 2010.
Executed this 2"' day of December 2010, at Rancho Cucamonga, California.
i
Jan i It
C. Reynolds, City Clerk
Resolution No. 10-175 = Page 2 of 2