HomeMy WebLinkAbout12-131 - Resolutions RESOLUTION NO. 12-131
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA, APPROVING A NEW
IMPROVEMENT AGREEMENT AND IMPROVEMENT
SECURITY FOR TRACT MAP 16651 AND RELEASING THE
CURRENT IMPROVEMENT AGREEMENT AND IMPROVEMENT
SECURITY
WHEREAS, Tract Map number 16651, consisting of 1 lot for residential
condominium purposes, generally located on the north side of Foothill Boulevard west of
Cucamonga Channel, was approved by the City of Rancho Cucamonga on December 6, 2006,
and all of the requirements established as prerequisite to approval of the final map were met by
entry into an Improvement Agreement guaranteed by acceptable Improvement Security by
LB/L-Villa Tuscany, LLC, as developer; and
WHEREAS, a new Developer, D.R. Horton Los Angeles Holding Company, Inc.,
is now submitting for approval a substitute Improvement Agreement and Improvement Security.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA HEREBY RESOLVES, that said substitute Improvement Agreement and
Improvement Security submitted by D.R. Horton Los Angeles Holding Company, Inc., be and
the same are hereby approved and the Mayor is hereby authorized to sign said agreement on
behalf of the City of Rancho Cucamonga, and the City Clerk attest; and that the City Clerk is
hereby authorized to release the Improvement Agreement and Improvement Security submitted
by LB/L-Villa Tuscany, LLC.
Please see the lopowirg page
for formal adoption,certification and signatures
PASSED, APPROVED, AND ADOPTED this 1'day of August 2012.
AYES: Alexander, Buquet, Michael, Spagnolo, Williams
NOES: None
ABSENT: None
ABSTAINED: None
l n
L. ennis Michael, yor
ATTEST:
ice 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 1st day of August 2012.
Executed this 2M day of August 2012, at Rancho Cucamonga, California.
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Z!"' /� �Je C. Reynolds, City Jerk
Resolution No. 12-131 - Page 2 of 2