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HomeMy WebLinkAbout01-018 - Resolutions RESOLUTION NO. 01-018 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR CONSTRUCTION OF TRAFFIC SIGNAL FOR DR 99-46 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed by Cabot Industrial Properties, L.P. as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located on the southwest corner of 6"Street and Hermosa 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 referred to as DR 99-46; and WHEREAS, said Improvement Agreement is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, HEREBY RESOLVES that said Improvement Agreement be and the same is approved and the Mayor is authorized to execute same on behalf of said City and the City Clerk is authorized to attest thereto,. : PASSED, APPROVED AND ADOPTED this 7th day of February, 2001. AYES: Alexander, Biane, Curatalo, Dutton, Williams NOES: None ABSENT: None ABSTAINED: None WilliamJ. Alexander, Mayor Resolution No. 01-018 Page 2 of 2 ATTEST: n Debra J. Adams, dQC, City Clerk I, DEBRA J.ADAMS,CITY CLERKof 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 7th day of February, 2001. Executed this 8th day of February, 2001, at Rancho Cucamonga, California. Debra J. Adams, MC, City Clerk