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HomeMy WebLinkAbout01-063 - Resolutions RESOLUTION NO. 01-063 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR DEVELOPMENT REVIEW NO. 99-54 WHEREAS, the City Council of the City of Rancho Qwo Mgrga,.,California�.!has,for'its consideration an Improvement Agreement 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 south side of 6'" Street between Buffalo Avenue and Richmond Place; 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 Development Review No. 99-54; 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 as follows: 1. That §aid.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; and 2. That said Improvement Security is accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. PASSED, APPROVED AND ADOPTED this 21st day of March, 2001. AYES: Alexander, Biane, Curatalo, Dutton, Williams NOES: None ABSENT: None ABSTAINED: None c William J. 91 xander, Mayor Resolution No. 01-063 Page 2 of 2 ATTEST: Debra J. Ada CMC, City Clerk I, DEBRA J. ADAMS, CITY CLERK of 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 21st day of March, 2001. Executed this 22nd day of March, 2001, at Rancho Cucamonga, California. " 2= a, r�-� Deb J. Adams, MC, City Clerk