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HomeMy WebLinkAbout93-121 - ResolutionsRESOLUI~ONNO. 93-121 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO ~, CALIFORNIA, APPROVING A ~RIMBURS~H~T AGRFWMENT FOR THE L~D~ING OF EXISTING ~ UTTT,TTIES I_DC2tTI~ ON I4R~.TMAN AV~TUE NORI~ OF MONTE VISTA STREET TO NORTH OF ~ STREET AND ON ~ STREET FRfIM ~,TMAN AV]~iUE TO 175' EAST OF ~4k-"~',TN~AN AV]~KJE WHEREAS, the City Council of the City of Rancho Cucamonga has for its consideration a Reimbursement Agreement s~h~i~'tted by Hix Development Corporation, as developer of Tract 14192-1 for the undergrounding of the existing overhead utilities on Hellman Avenue frc~ north of Monte Vista to north of Nineteenth Street and on Nineteenth Street frc~ Hellman Avenue to 175' east of Hellman Avenue (URA-015); and WHEREAS, the developer, at the developer's expense, has completed said utility undergrounding; and WHEREAS, the owners of the adjoining properties will share in the expense of the utility undergrounding as stipulated in said Reimbursement Agreement. WHEREAS, reimbur~t payments from two of the adjacent properties (APN: 202-041-30 and 202-041-65) have been made to the City previously as utility undergrounding in-lieu fees. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA DOES HEREBY RESOLVE that said Reimbursement Agreement be and the same is hereby approved and the Mayor is hereby authorized to sign said Reimbursement Agreement on behalf of the City of Rancho Cucamonga, and the City Clerk to attest hereto and cause said Agreement to record and the Finance Director is authorized to disperse to Hix Development Corporation that portion of the previously paid in-lieu fees from adjacent properties due them per the agreement and refund to the adjacent properties any excess funds paid as in- lieu fees. PASSED, APPROVED, and ADOPTSD this 2nd day of June, 1993. Alexander, Buquet, Gutierrez, Williams NOES: None ABS~T: Stout Charles J. Buquet II Mayor Pro-Tem P~solution No. 93-121 Page 2 I, DEBRA J. ADAMS, CITY CL~{K 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 2nd day of June, 1993. Executed this 3rd day of June, 1993, at Pancho Cucamonga, California. Resolution No. 93-121 Page 3 CITY OF 'RANCHO CUCAMONGA N · ~ .[X~-15, ~ 14192-1,EELL~uN ENGINI~-~G DIVL.qlON ....... ' ....... 'T7~qT" qllll'l~,'~ r- FF Illll~1111111 tllll ilI[[111B i -'IT"~'"