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HomeMy WebLinkAbout03-325 - Resolutions RESOLUTION NO. 03-325 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITIES FOR DRC2003-00330 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed on December 17, 2003, b y S ilver Oak Development 1, LLC, as Developer, for the improvement of the public right-of-way adjacent to the real property specifically described therein, and generally located at the southwest corner of 6th Street and Milliken Avenue; and WHEREAS, said Improvement Agreement is secured and accompanied by good and sufficient Improvement Securities, which are identified in said Improvement Agreement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, HEREBY RESOLVES as follows: 1. That said Improvement Agreement, be and the same is approved and the Mayor is authorized to execute same on behalf of said City and the City Clerk is authorized to attest thereto; and 2. That said Improvement Securities are accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. Please see the following page for formal adoption,certification and signatures Resolution No. 03-325 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 17th day of December 2003. AYES: Alexander, Gutierrez, Howdyshell, Kurth, Williams NOES: None ABSENT: None ABSTAINED: None William . Alexande , Mayor ATTEST: Debra J. Ada s, CMC, City Clerk 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 17th day of December 2003. Executed this 18th day of December 2003, at Rancho Cucamonga, California. Debra J. Adams, C, City Clerk