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HomeMy WebLinkAbout86-165 - ResolutionsRESOLUTION NO. 86-165 A RESOLUTION OF THE CII'Y COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMHI~T EXTRI{SION ~I;REEMENT AND IMPROVEMBIiT SECURITY FOR TRACT 12772-1 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Extension A~reemen~ executed on May 8, 1986, by M & S Residential Development, Incorporated as developer, for the improvement of public right-of-way adjacent to the real properU specifically described therein, and generally loca:ed on Palo Alto, between Turner and Teak Way; and WHEREAS, the ins=allation of such improvements, described in said Improvement Agreement and subject to the terms :hereof, is to be done in conjunction wi~h the developmen~ of said Tract 12772-i; and WHEREAS, said Improvement Extension Agreement is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Extension Agreement. N(N, THEREFORE, BE IT RESOLVED by the Cit7 Council of the City of Rancho Cucamonga, California, thaC said Improvement Extension Agreement and said Imprc~vemenC Security be and the same are hereby approved and the Mayor is hereby authorized to sign said Impruvement Extension Agreement on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. PASSED, APPROVED, and ADOPTED Pbis 4Cb day of June, 1986. AYES: NOES: Mikeis, Buquet, King, Dabl, WriSht None ABSBNT: None ATTEST: I, BEVERLY A. AUTRELET, CITY CLERK of ~he Cit7 of Rancho Cucamonga, California, do hereby certify tbs~ ~be foregoinS Resolution was duly passed, appr~ved, and adopted by the Cit7 Council of the Cit7 of Rancho Cucamonga, California, at a reSular meeting of said City Council held on the 4th day of June, 1986. Executed this 5tb day of June, 1986 aC Rancbo Cucamonga, California.