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HomeMy WebLinkAbout92-045 - Resolutions RESOI//PION NO. 92-045 A RESOL[/I~ON OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVSNENT AGRE~MENT EXTENSION AND IMPROVEMENT SECURITY FOR TRACT 13703 WHEREAS, the City Council of the City of Rancho Cucamonga ba~ for its consideration an Improvement Agreement Extension executed on February 19, 1992 by Kajima Development as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located on the west side of Haven Avenue north of Banyan Street; 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 13703; 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, ~EREFORE, the City Council of the City of Rancho Cucamonga does hereby resolve t_hat said Improvement Agreement Extension and said Improvement Security be and the same are hereby approved and the Mayor is hereby authorized to sign said Improvement Agreement Extension on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. PASS~D, APPROVED, and ADOPTED this 19th day of February, 1992. AYES: Alexander, Stout, Williams, Wright NOES: None ABSENT: Buquet ~~~_~_ ~Dennis L. Stout, Mayor I, DEBRA J. ADAMS, CITY CT.k~qK 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 19th day of February, 1992. Resolution No. 92-045 Page 2 Executed this 20th day of February, 1992, at Rancho Cucamor~a, California.