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HomeMy WebLinkAbout11-023 - Resolutions RESOLUTION NO. 11-023 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT,IMPROVEMENT SECURITIES AND MONUMENTATION CASH DEPOSIT FOR TRACT 18782 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed on February 16, 2011, by LGC Santa Barbara at Terra Vista LLC, as Developer, for the improvement of the public right-of-way adjacent to the real property specifically described therein, and generally located between Church Street and Town Center Drive and between Elm and Spruce Avenues; and WHEREAS, said Improvement Agreement is secured and accompanied by good and sufficient Improvement Securities and Monumentation Cash Deposit, which are identified in said Improvement Agreement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, HEREBY RESOLVES as follows: 1. That said Improvement Agreement, be and the same is approved and the Mayor is authorized to execute same on behalf of said City and the City Clerk is authorized to attest thereto; and 2. That said Improvement Securities and Monumentation Cash Deposit are accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. Please see the following page for formal adoption,certification and signatures PASSED, APPROVED, AND ADOPTED this 16�h day of February 2011. AYES: Alexander, Buquet, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None L. Dennis Michael, Mayor ATTEST: h 44,eZC �aQd nice C. Reynolds, City Jerk 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 February 2011. Executed this 17`" day of February 2011, at Rancho Cucamonga, California. C22 L e--.- Z-oe� nice C. Reynolds, Cit Clerk ir Resolution No. 11-023 - Page 2 of 2