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HomeMy WebLinkAbout04-126 - Resolutions RESOLUTION NO. 04-126 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT EXTENSION AND IMPROVEMENT SECURITY FOR TRACT 16116 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement Extension executed on April 21, 2004, by KB Home Greater Los Angeles, Inc., as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located at the southwest corner of Banyan Street and East Avenue; 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 16116; 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. 04-126 Page 2of2 PASSED, APPROVED, AND ADOPTED this 21" day of April 2004. AYES: Alexander, Gutierrez, Nowdyshell, Williams NOES: None ABSENT: Kurth ABSTAINED: None 7nder, Mayor ATTEST: "In� bra J. Ada 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 21s` day of April 2004. Executed this 22nd day of April 2004, at Rancho Cucamonga, California. zh.Q�- ox" Detbb J. Adams MC, City Clerk