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HomeMy WebLinkAbout04-043 - Resolutions RESOLUTION NO. 04-043 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT EXTENSION AND IMPROVEMENT SECURITY FOR BANYAN STREET BETWEEN DAY CREEK BOULEVARD AND ROCHESTER AVENUE WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement Extension executed on February 18, 2004, by Rancho Etiwanda 685, LLC, as developer, for the improvement of public right-of-way adjacent to the Rancho Etiwanda Project area, generally located between Day Creek Boulevard and Rochester Avenue; and WHEREAS, the installation of such improvements (Banyan Street Extension), described in said Improvement Agreement and subject to the terms thereof, is to be done in conjunction with the development of said Rancho Etiwanda Project; and WHEREAS, said Improvement Agreement Extension is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement Extension. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga, California, hereby resolves, that said Improvement Agreement Extension and said Improvement Security be and the same are hereby approved and the Mayor is hereby authorized to sign said Improvement Agreement Extension on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. Please see the following page for formal adoption,certification and signatures Resolution No. 04-043 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 18`h day of February 2004. AYES: Gutierrez, Howdyshell, Kurth, Williams NOES: None ABSENT: Alexander ABSTAINED: None Diane Williams, Mayor Pro Tem ATTEST: 6& Debra J. Ada MC, 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 18`h day of February 2004. Executed this 1 g`h day of February 2004, at Rancho Cucamonga, California. Debra J. Ada MC, City Clerk