HomeMy WebLinkAbout92-038 - Resolutions - (no action) PL~,T,~ FROM AGt~DA
RESOLUTION NO. 92-038
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, CALIFORNIA, APPROVING AN ACQUISITION ~PRBI4~T
OF OFF-SITE PROPER~Y, SECURITY, AND DEPOSIT FOR 1ARK
DRIVE FRC~ THE WITI.TAM LYON COMPANY AND AUTHORIZING THE
MAYOR AND CITY ~,~RK TO SIGN SAME
WHEREAS, The William Lyon Company has entered into a 3rd party
agreement with the C~affey High School District and the City of Rancho
Cucamonga to construct lark Drive and obtain Rights-of-way therefore as shown
on Exhibit "A"; and
WHEREAS, The William Lyon Company has called upon the City to
complete the acquisition process; and
WHEREAS, for The William Lyon Company to meet the requirements
established by said agreement The William Lyon Company has offered the
Acquisition Agreement submitted herewith for approval and execution by said
City, together with good and sufficient security and deposit.
NOW, ~RE, the City Council of the City of Rancho Cucamonga does
hereby resolve as follows:
1. That said Acquisition Agreement be and the same is hereby
approved and the Mayor is hereby authorized to sign said
Acquisition Agreement on behalf of said City and the City Clerk
is authorized to attest thereto; and
2. That said Acquisition Agreement is accepted as good and
sufficient, subject to approval as to form and content thereof
by the City Attorney.
NOT PASS~D, APPROVED, or ADOPTED this 19th day of February, 1992.