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HomeMy WebLinkAbout94-022 - ResolutionsRESOLUTION NO. 94-022 A RESOLUTION OF THE CITY OC~qCIL OF ~HE CITY OF RAN(~O (N3CAMONGA, ~JJ3~-iA, AOCEPTING CEREAIN ~ WITHIN TRACT 12671-1 THRU -4 WHICH INCLLDE THE INTERI~ IANDSCAPING; THE REDUCTION OF THE P~~NCE ~ FOR DRIVE, TO AN AMC~NT ~ TO 10% OF THE ORIGINAL AM~t~TS; THE APPROVAL OF AN EXTENSION TO ~ ~ AG~R~I~qT FOR A TIME P~IOD OF TWO YEARS FRC~ THE DATE OF ~IS WHEREAS, the oonstruction of public ~ for Tract 12671-1 thru -4 including interior tract streets, sidewalk and parkway i~ and landscaping, have been completed to the satisfacti~ of the City Engineer; WHEREAS, the reduced amount of the performance bond are pursuant to the Subdivision Map Act and the Street Capping Agreement and are in an amount sufficient to secure the c~letion of tb~ remainin~ improvements; and WHEREAS, the City Council of the City of Rancho Cucamc~ga, California, ba~ for its consideration an Improvement Agreement Extension executed on F~h~ ,ary 2, 1994, by Lewis Homes as developer, for the i~0rove~e~t of public right-of-way adjacent to the real property specifically described therein, and generally located on the northwest corner of Mill/ken Avenue and Mt. View Drive; 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 12671-1 thru -4; and WHERFAS, said Improvement Agreement Extension is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement Extension. NOW, THEREFORE, BE IT RESOLVED, that the described work is hereby accepted, the reduction of the Performance Bond is hereby approved, that said Improvement Ac3re~ment Extension and said Improvement Security are hereby approved. PASSED, AP~, and ADOPI~D this 2ndday of Fe__~hruary, 1994. Alexander, Buquet, Gutierrez, Stout, Williams NOES: None ABS~]~T: None Dennis L. Stout, Mayor Resolution No. 94-022 Page2 · ~, City Clerk' I, DWRRA J. ADAMS, CITY CLWRK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing ~solution was duly passed, approved, and adopted by the city (~uncil of the City of Rancho CU~mL~d, Califox~ia, at a re~3ular meeting of said City Ccuncil held on the 2nd day of February, 1994. Executed this 3rd day of Fe~, 1994, at Rancho Cucamo~, California.