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HomeMy WebLinkAbout92-064 - Resolutions RESOI33TIONNO. 92-064 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANf~O ~, CALIFORNIA, APPROVING IMPR0V~4EN~ AGR~T EXT~SION AND IMPRO~ S~CURITY FOR TRACT 12462 - D~ONBASIN WHEREAS, the City Council of the City of Rancho Cucamonga ham for its consideration an Improvement Agreement Extension executed on March 18, 1992, by First Family Homes 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 Summit Avenue between.East Avenue and Etiwanda 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 Tract 12462 - Detention Basin; and WHEREAS, said Improvement Agreement Extension is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement Extension. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga does hereby resolve that said Improvement Agreement Extension and said Improvement Security be and the same are hereby approved and the Mayor is hereby authorized to sign said Improv~t Agreement Extension on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. PASSID, APPROVED, and ADOPTED this 18thday of March, 1992. AYES: Alexander, Buquet, Stout, Williams NOES: None ABSENT: Wright Dennis L. Stout, Mayor City Clerk Resolution No. 92-064 Page 2 I, Dk~RA J. ADAMS, CITY CT.RRK 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 18thday of March, 1992. Executed this 19th day of March, 1992, at Rancho Cucamonga, California. ~_bra J. ~ City Clerk ~