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HomeMy WebLinkAbout16-181 - ResolutionsRESOLUTION NO. 16-181 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING A ONE YEAR EXTENSION OF AN IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR TRACT 18912 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement Extension executed on November 2, 2016, by D.R. Horton Los Angeles Holdings Company, Inc. as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located between Ramona and Archibald Avenues, on the north side of the Pacific Electric Trail; and WHEREAS, the installation of such improvements, described in said Improvement Agreement and subject to the terms thereof, is to be done in conjunction with the development of said Tract 8912; and WHEREAS, said Improvement Agreement Extension is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement Extension. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga, hereby resolves that said Improvement Agreement Extension and said Improvement Security be and the same are hereby approved and the Mayor is hereby authorized to sign said Improvement Agreement Extension on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. Resolution No. 16-181 — Page 1 of 2 PASSED, APPROVED, AND ADOPTED this 211 day of November 2016. AYES: Alexander, Kennedy, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None --- �"A�z L. Uenis Michael, Mayple / ATTEST: Janice C. Reynolds, City Jerk Ll 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 2nd day of November 2016. Executed this V day of November 2016, at Rancho Cucamonga, California. Qczli�e-o'le A d ,trice C. Reynolds, Cit Clerk Resolution No. 16-181 — Page 2 of 2