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HomeMy WebLinkAbout92-051 - Resolutions RESOI33TIONNO. 92-051 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO ~, CALIFORNIA, APPROVING IMP~OVS~9~T AGP~ AND I~5~RDV~V~5~T SECTSqlTIES FOR 24TH STREET, (~5~RY AVENUE, TRAFFIC SIGNAL AND A 30" WATER LINE IN 24TH WHEREAS, the City Council of the City of Rancho Cucamonga has for its consideration Improvement Agreements executed by First City/Hunter's Ridge L~mited Partnership as developer, for the improvement of Public right-of-way generally located in 24th Street and Cherry 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 Tract 13750 located within the City of Fontana; and WHEREAS, said Improvement Agreements secured and accc~¥~anied by good and sufficient Improvement Securities, which is identified in said Improvement NOW, THEREFOR, the City Council of the City of Rancho Cucamonga does hereby resolve as follows: 1. That said Improvement Agreements 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. ~%at said Improv~t Securities are accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. PASS~D, APPRDV~D, and ADOPTEDthis 4thday of March, 1992. AYES: Alexander, Buquet, Stout, Williams, Wright NOES: None ABS~T: None ~ennis L. Stout, Mayor Resolution No. 92-051 Page 2 I, DEBRA J. ADAMS, CITY c~,k~K 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 March, 1992. Executed this 5th day of March, 1992, at Rancho Cucamonga, California. 'D~a J. A~ms, City Clerk