HomeMy WebLinkAbout02-192 - Resolutions RESOLUTION NO. 02-192
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA, APPROVING
IMPROVEMENT AGREEMENT AND IMPROVEMENT
SECURITY FOR TRACT 14162 AND RELEASING THE
IMPROVEMENT AGREEMENT AND IMPROVEMENT
SECURITY PREVIOUSLY ACCEPTED BY CITY COUNCIL ON
AUGUST 16, 2000
WHEREAS, the City Council of the City of Rancho Cucamonga, California, did
consider an Improvement Agreement, and related Security, submitted by Walton Development,
LLC, 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 19`h Street at the
western city limits, and release of the previously approved Improvement Agreement and
Improvement Security for Promus Investment Network, Inc.
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. Said Improvement Agreement and Security submitted by Walton
Development, LLC, are hereby approved.
2. The Monumentation Cash Deposit is assigned to Walton Development, LLC.
3. The previously approved Improvement Agreement and Security for Promus
Investment Network, Inc. are released.
4. The Mayor is hereby authorized to sign said Improvement Agreement and
Security on behalf of the City of Rancho Cucamonga, and the City Clerk to
attest thereto.
Please see the following page
for formal adoption,certification and signatures
Resolution No. 02-192
Page 2 of 2
PASSED, APPROVED, AND ADOPTED this 19`" day of June 2002.
AYES: Alexander, Biane, Curatalo, Dutton, Williams
NOES: None
ABSENT: None
ABSTAINED: None
"A
William J. Alexa er, Mayor
ATTEST:
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Debr
J. Aclarbg, 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 19`" day of June 2002.
Executed this 201h day of June 2002, at Rancho Cucamonga, California.
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Debra J. Adams, WC, City Clerk