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HomeMy WebLinkAbout01-244 - Resolutions RESOLUTION NO. 01-244 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITIES FOR THE INSTALLATION OF DRAINAGE FACILITIES ON PARCEL 2 OF PARCEL MAP 15536 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed on November 7, 2001, by Fairway Palms LLC, a Delaware Limited Liability Company, as Developer, for the installation of drainage facilities on Parcel 2 of Parcel Map 15536 and generally located on the south side of 5`h Street, west of Milliken Avenue; and WHEREAS, the installation of such improvements, described in said Improvement Agreement and subject to terms thereof, is to be done in conjunction with the development of said real property referred to as Parcel 2 of Parcel Map 15536; and WHEREAS, said Improvement Agreement is secured and accompanied by good and sufficient Improvement Securities, which are identified in said Improvement Agreement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, HEREBY RESOLVES as follows: 1. 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; and 2. That said Improvement Securities are accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. PASSED, APPROVED, AND ADOPTED this 7`h day of November 2001. AYES: Alexander, Biane, Curatalo, Dutton, Williams NOES: None ABSENT: None ABSTAINED: None William J exander, M yor Resolution No. 01-244 Page 2 of 2 ATTEST: Debra I Adams, MC, 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 7`h day of November 2001. Executed this 81" day of November 2001, at Rancho Cucamonga, California. Debra J. Adams, C, City Clerk it