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HomeMy WebLinkAbout94-118 - ResolutionsRESOLUTI(~ NO. 94-118 A RESOLUTI~ OF ~E CITY (IX~CIL OF ~E CITY OF RANC~0 ~JCAMS~A, (:~LI1K~gIA, APPROVING A~) ~ SEC%~i~S, A~D DEPOSIT FCR ~ACT 14121 A~) R~ASIN~ 20, 1991 ~EAS, the City Council of the City of l~a~cho O~m~3a, California, did co~sider an ~ ~z3z~, relat~ Securities and Mo~umentati~ ~.~h Deposit, su~mitt~ b~ K. B~manian C~es of Southern Califcxnia II, Inc., as developer, for the ~ of public right-of-way adjacent to the real property s~ecifically deecribed therein, and generally located at the ~ corner of Milliken a~ Highlan~ Ave~aes andre lease of thepx~viouslyapprovedI~A~, Securities andMo~ume~tatic~ CashDeco,it for Rhoades/SanJuan, A CaliforniaT.~mitedPart~ership; and NOW, ~]RE, THE CITY ~ OF THE CITY OF RANC~0 H~R~BY RESOLVES that (1) said I~ ;~3ree~ent Securities, and F~m~Ycatio~ Cash Deposit submi~ by K. Hownanian C~Hmanies of Southern California II, Inc., are hereby approved, (2) the previously approved Im~ Agreement, Securities and F~xamm~cation Cash Depoeit from Rhoades/San Juan, A California Limited Partr~rship are released and (3) the Mayor is hereby authorized to sign said I~ A~3reement c~ behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto.