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HomeMy WebLinkAbout81-87 - ResolutionsRESOLUTION NO. 81-87 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA APPROVING THE EXECUTION OF AGREEMENTS FOR REIMBURSEMENT AND REACCELERATION OF STREET AND STORM DRAIN IMPROVEMENTS IN CONJUNCTION WITH ASSESSMENT DISTRICT 79-1. WHEREAS, The City Council of the City of Rancho Cucamonga, California, has directed the continuation of Industrial Assessment District No. 79-1 and; WHEREAS, in order to complete the improvements within said district in the most rapid and cost effective manner, and; WHEREAS, certain developers have requested that they receive reimbursement from the district for improvement constructed on an accelerated schedule, and; WHEREAS, to accomplish said reimbursement agreements are required limiting and defining City responsibility in construction. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rancho Cucamonga, California, that said Reimbursement and Reacceleration Agreements are hereby approved and the Mayor is hereby authorized to sign said Agreements on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. PASSED, APPROVED and ADOPTED this 17th day of June, 1981. AYES: Frost, Mikels, Palombo, Bridge, Schlosser NOES: None ABSENT: None ATTEST: