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HomeMy WebLinkAbout02-244 - Resolutions RESOLUTION NO. 02-244 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR BANYAN STREET BETWEEN DAY CREEK BOULEVARD AND ROCHESTER AVENUE WHEREAS,the City Council of the City of Rancho Cucamonga,California,has for its consideration an Improvement Agreement by Rancho Etiwanda 685, LLC, as developer, for the improvement of the real property specifically described therein,and generally located between Day Creek Boulevard and Rochester 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 Rancho Etiwanda Revised University Project; 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 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 Security is accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. Please see the following page for formal adoption,certitication and signatures Resolution No. 02-244 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 4`h day of September 2002. AYES: Alexander, Biane, Curatalo, Dutton, Williams NOES: None ABSENT: None ABSTAINED: None William J. AI ander, May r ATTEST: Kath L. ott, D p ty City Clerk F I, KATHRYN L.SCOTT, DEPUTY 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 4th day of September 2002. Executed this 5'h day of September 2002, at Rancho Cucamonga, California. Q7 o4'1- KathVyn L. ott, 06p6ty City Clerk