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HomeMy WebLinkAbout95-010 - ResolutionsRESOLUTION NO. 95-010 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENTS AND IMPROVEMENT SECURITIES FOR TRACT 14139 AND RELEASING THE IMPROVEMENT AGREEMENTS AND IMPROVEMENT SECURITIES PREVIOUSLY ACCEPTED BY THE CITY COUNCIL ON NOVEMBER 6, 1991 WHEREAS, the City Council of the City of Rancho Cucamonga, California, did consider the Improvement Agreements and related Improvement Securities submitted by Centex Real Estate Corporation, as Developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located on the southwest comer of 25th Street and Etiwanda Avenue and release of the previously approved Improvement Agreements and Improvement Securities from Ahmanson Development. WHEREAS, said Improvement Agreements are secured and accompanied by good and sufficient Improvement Securities, which are identified in said Improvement Agreements. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, HEREBY RESOLVES that (1) said Improvement Agreements and Improvement Securities submitted by Centex Real Estate Corporation are hereby approved, (2) the previously approved Improvement Agreements and Improvements Securities from Ahmanson Development are released and (3) the Mayor is hereby authorized to sign said Improvement Agreements on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. PASSED, APPROVED, AND ADOPTED this 1st day of February, 1995. AYES: Alexander, Biane, Curatalo, Williams NOES: None ABSENT: Gutierrez William J. Al.~e'xander, Mayor ATTEST: Resolution 95-010 Page 2 I, DEBRA J. ADAMS, CITY CLERK 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 1 st day of February, 1995. Executed this 2nd day of February, 1995, at Rancho Cucamonga, California.