HomeMy WebLinkAbout16-132 - Resolutions RESOLUTION NO. 16-132
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA, APPROVING
IMPROVEMENT AGREEMENT, IMPROVEMENT SECURITIES
AND MONUMENTATION CASH DEPOSIT FOR TRACT 16578
AND RELEASING THE IMPROVEMENT AGREEMENT,
IMPROVEMENT SECURITIES AND MONUMENTATION CASH
DEPOSIT PREVIOUSLY ACCEPTED BY THE CITY COUNCIL
ON AUGUST 20, 2014
WHEREAS, the City Council of the City of Rancho Cucamonga, California, did consider
the Improvement Agreement and related Improvement Securities submitted by Owens Ct Estates,
LLC, as Developer, for the improvement of public right-of-way adjacent to the real property
specifically described therein, and generally located on the west side of East Avenue, south of
Victoria Street, and release of previously accepted Improvement Agreement, Improvement
Securities and Monumentation Cash Deposit; and
WHEREAS, said Improvement Agreement is secured and accompanied by good and
sufficient Improvement Securities, which are identified in said Improvement Agreement.
NOW, THEREFORE, the City Council of the City of Rancho Cucamonga, hereby resolves,
that(1) said Improvement Agreement, Improvement Securities and Monumentation Cash Deposit
submitted by Owens Ct Estates, LLC, are hereby approved, (2) the previously approved
Improvement Agreement, Improvement Securities and Monumentation Cash Deposit are
released and (3) the mayor is hereby authorized to sign said Improvement Agreement on behalf
of the City of Rancho Cucamonga, and the City Clerk to attest thereto.
Resolution No.16-132 - Page 1 of 2
PASSED, APPROVED, AND ADOPTED this 17th day of August 2016.
AYES: Alexander, Kennedy, Michael, Spagnolo, Williams
NOES: None
ABSENT: None
ABSTAINED: None
' , 42/'
L.Dennis Michael, Mayor
ATTEST:
anice C. Reynolds, Cit, 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 17th day of August 2016.
Executed this 18`h day of August 2016, at Rancho Cucamonga, California.
aa 'ice C. Reynolds, City Clerk
Resolution No.16-132 - Page 2 of 2