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HomeMy WebLinkAbout02-149 - Resolutions RESOLUTION NO. 02-149 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITIES FOR DRC2001-00493 WHEREAS,the City Council of the City of Rancho Cucamonga,California, has for its consideration an Improvement Agreement executed on May 15, 2002, by Lindsay-Ontario, LLC as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located at the northwest corner of 5`h Street and Milliken 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 DRC2001-00493; 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 15'h day of May 2002. AYES: Alexander, Biane, Curatalo, Dutton, Williams NOES: None ABSENT: None ABSTAINED: None 1 -0 William J. Ale nder, Mayo Resolution No. 02-149 Page 2 of 2 ATTEST: /111# "&10-4 z D ra J. Ad 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 15th day of May 2002. Executed this 16`h day of May 2002, at Rancho Cucamonga, California. '&J" '(�Y'4""" e ra J. Adams, C, City Clerk