Loading...
HomeMy WebLinkAbout84-263 - ResolutionsRESOLUTION NO. 84-263 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR CONDITIONAL USE PERMIT 83-22 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed on OCTOBER 1, 1984 by Blanco Security as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located at Helms Avenue; 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 real property as referred to Planning Commission, Conditional Use Permit 83-22; and WHEREAS, said Improvement Agreement is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rancho Cucamonga, California, that said Improvement Agreement and said Improvement Security be and the same are hereby approved and 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. PASSED, APPROVED, and ADOPTED this 17th day of October, 1984. AYES: Wright, Buquet, Mikels, Dahl, King NOES: None ABSENT: None ATTEST: B~ Au~'he ~rk Resolution No. 84-218 Page 2 4. At such time as the developers shall have complied with the deposit requirements of the Program Deposit Agreement, the City Clerk shall cause to be delivered to the Mortgage Bond Allocation Cor~ittee a certified copy of this resolution, together with a certificate executed by the City Manager and substantially in the form attached hereto as Exhibit A, and hereby made a part hereof, to the effect that the City has on deposit in an interest-bearing trust account or, to the extent applicable, has secured by a letter of credit an amount which equals 1/2 of 1% of the principal amount of the Bonds requested for allocation. PASSED, APPROVED, and ADOPTED this 1st day of August, 1984. AYES: Wright, Buquet, Mikels, Dahl, King NOES: None ABSENT: None ATTEST: Authelet, City