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HomeMy WebLinkAbout85-328 - ResolutionsRESOLUTION NO. 85-328 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING A REIMBURSEMENT AGREEMENT EXECUTED BY DAON CORPORATION FOR CONSTRUCTION OF IMPROVEMENTS ON ARROW HIGHWAY WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration a Reimbursement Agreement executed on December 4, 1985, by Daon Corporation, as developer of Parcel Map 6206 for the construction of a portion of Arrow Highway south of the centerline of said highwBy; and WHEREAS, the developer, at the developer's expense, has constructed said portion of Arrow Highway; and WHEREAS, the owners of the adjoining properties will share in the expense of said construction as stated in Agreement prior to development of said owners properties, as described in Agreement. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Rancho Cucamonga, California, that said Reimbursement Agreement be and the same is hereby approved and the Mayor is hereby authorized to sign said Reimbursement Agreement on behalf of the City of Raneho Cucamonga, and the City Clerk to attest hereto and cause said Agreement to record. PASSED, APPROVED, and ADOPTED this 4th day of December, 1985. AYES: Buquet, Mikels, Dahl, King NOES: None ABSENT: Wright ATTEST: Jo D Mikels, Mayor Bever y .~ ut ele j City Clerk' I, BEVERLY A. AUTHELET, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the fore~oing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cuea~nga, at a regular meeting of said City Council held on the 4th day of December, 1985. Executed this 5th day of December, 1985 at Rancho Cucamonga, California.