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HomeMy WebLinkAbout99-259 - Resolutions RESOLUTION NO. 99-259 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING THE IMPROVEMENT AND MAINTENANCE AGREEMENT FOR A FACILITY TO BE CONSTRUCTED ON LOTS 95 THROUGH 100 OF TRACT 13812 AND RELEASING THE IMPROVEMENT AND MAINTENANCE AGREEMENT FOR A DETENTION BASIN SUBMI'I-I'ED BY WEALTH V, LLC - APN 225-431-44 THROUGH 49 WHEREAS, the City Council of the City of Rancho Cucamonga, California, did consider an Improvement Agreement submitted by Wealth V, LLC, as developer, for the improvement of a facility specifically described therein, and generally located on the west side of Etiwanda Avenue, south of Summit Avenue and release of the previously approved Improvement Agreement for a detention basin for Wealth V, LLC; 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, CALIFORNIA, HEREBY RESOLVES that said Improvement Agreement, submitted by Wealth V, LLC is hereby approved, the previously approved Improvement Agreement from Wealth V, LLC is hereby released and the Mayor is hereby authorized to sign said Improvement Agreement on behalf of the City of Rancho Cucamonga, and City Clerk to attest thereto. The City Clerk shall cause the agreement and letter waving issuance of building permit for lot 86 to be recorded. Please see the following page for formal adoption, certification and signatures Resolution No. 99-259 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 1st day of December, 1999. AYES: Alexander, Dutton, Williams NOES: None ABSENT: Biane, Curatalo ABSTAINED: None ' ~'~ayor ATTEST: D*'e~ra J. Ada~C, City Clei:k '"'" 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 1st day of December, 1999. nd Executed this 2 day of December, 1999, at Rancho Cucamonga, California. ~r~CMC, City Clerk