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HomeMy WebLinkAbout92-063 - Resolutions RESOLUTION NO. 92-063 A RESOLIII~ON OF THE CITY OOUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, RESCINDING AG~~ FOR RIGHT-OF- WAY ACQUISITION BEIWESN THE CITY OF RANCHO CUCAMONGA AND ~r{E WILT.TAM LYON COMPANY APPROVED BY CITY COUNCIL ON MARCH 4, 1992 WHEREAS, the City Council of the City of Rancho Cucamonga has for its consideration the Rescission of Agreement with the William Lyon Cc~ for the acquisition of Street Rights-of-Way for lark Drive between Rochester Avenue west to its existing terminus (the "A~reement"); and WHEREAS, such Agreement is related to a 3-party agreement previously entered into between the City, the William Lyon Company and the f~affey High School District; and WHEREAS, said Agreement does not properly reflect the intent of the parties and is to be reconsidered pursuant to further investigation. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga does hereby resolve as follows: 1. That said A~3reement be and the same is R~scinded. PASSt~D, APPROVED, and ADOPTED this 18th day of March, 1992. AYES: Alexander, Buquet, Stout, Williams NOES: None ABS~T: Wright Dennis L. Stout, Mayor Debra J. ~, City Clerk I, DEBRA J. ADAMS, CITY ~.k~K of the City of Rancho Cucamonga, California, do hereby certify that the foregoing R~solution 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 18th day of March, 1992. Resolution No. 92-063 Page 2 Executed this 19th day of March, 1992, at Rancho Cucamonga, California. Debra J. City Clerk