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HomeMy WebLinkAbout11-168 - Resolutions RESOLUTION NO. 11-168 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING AN ACQUISTION AGREEMENT FOR OFF SITE PROPERTY, SECURITY AND DEPOSIT, FOR TRACT 18806, FROM LVD RANCHO CUCAMONGA, LLC, A DELAWARE LIMITED LIABILITY COMPANY AND AUTHORIZING THE MAYOR AND CITY CLERK TO SIGN SAME WHEREAS, the Developer, LVD Rancho Cucamonga, LLC, a Delaware Limited Liability Company, has submitted to the City of Rancho Cucamonga Tract 18806 final map and improvement plans for review as conditioned by Planning Commission Resolution No. 11-39, located on the north side of Base Line Road between Etiwanda Avenue and East Avenue; and WHEREAS, for the Developer to meet the requirements established as prerequisite to recording the final map of said development, said Developer has offered the Acquisition Agreement submitted herewith for approval and execution by said City, together with good and sufficient security and deposit. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA DOES HEREBY RESOLVE AS FOLLOWS: 1.That said Acquisition Agreement be and the same is hereby approved and the Mayor is hereby authorized to sign said agreement on behalf of the City of Rancho Cucamonga, and the City Clerk is authorized to attest thereto; and 2.That said Acquisition Agreement is accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. Pease see fhe lolloxfigpage for formal adoption,certification and signatures PASSED, APPROVED, AND ADOPTED this 1g'" day of October 2011. AYES: Alexander, Buquet, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None . Dennis Michael, Mayor ATTEST: Qaazl:�� d nice C. Reynolds, City Glerk 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 1 gt" day of October 2011. Executed this 20th day of October 2011, at Rancho Cucamonga, California. 02� z�&OXY"?j4p Janice C. Reynolds, City Clerk Resolution No. 11-168 - Page 2 of 2