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HomeMy WebLinkAbout03-018 - Resolutions RESOLUTION NO. 03-018 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT,IMPROVEMENT SECURITIES AND MONUMENTATION CASH DEPOSIT FOR DRC2001-00772 (TRACT 10246) AND RELEASING THE IMPROVEMENT AGREEMENT, IMPROVEMENT SECURITIES AND MONUMENTATION CASH DEPOSIT PREVIOUSLY ACCEPTED BY CITY COUNCIL ON OCTOBER 18, 1989 WHEREAS,the City Council of the City of Rancho Cucamonga,California,has for its consideration an Improvement Agreement executed on February 5, 2003,by Prestige Homes,L.P., as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located at the southwest corner of Haven Avenue and Hillside Road and release of the previously approved Improvement Agreement, Improvement Securities and Monumentation Cash Deposit for J.C.R. Development Company Partnership; 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 and Monumentation Cash Deposit are accepted as good and sufficient,subject to approval as to form and content thereof by the City Attorney, and 3. That the previously approved Improvement Agreement, Improvement Securities and Monumentation Cash Deposit from J.C.R. Development Company Partnership are released. Please see the following page for formal adoption,certification and signatures Resolution No. 03-018 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 5'h day of February 2003. AYES: Alexander, Gutierrez Howdyshell, Kurth, Williams NOES: None ABSENT: None ABSTAINED: None t Will 71ander, Mayor ATTEST: Debra J. Ad4pg, 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 5'h day of February 2003. Executed this Wh day of February 2003, at Rancho Cucamonga, California. Zh4'0-Q� &09'�-4 - e ra J. Adams MC, City Clerk