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HomeMy WebLinkAbout90-312 - Resolutions RESOLUTION NO. 90-312 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING REIMBURSEMENT AGREEMENT EXECUTED ON JULY 10, 1990, FOR UNDERGROUNDING OF A PORTION OF THE OVERHEAD UTILITIES ON THE EAST SIDE OF ROCHESTER AVENUE, BETWEEN ARROW ROUTE AND 8TH STREET, AND ARROW ROUTE BETWEEN ROCHESTER AVENUE AND 1-15 FREEWAY WHEREAS, the City Council of the City of Rancho Cucamonga has for its consideration a Reimbursement Agreement submitted by Watson Land Company, as developer of DR 87-26, for the undergrounding of the overhead utilities on the east side of Rochester Avenue, between Arrow Route and 8th Street, and on the south side of Arrow Route between Rochester Avenue and 1-15 Freeway; and WHEREAS, the developer, at the developer's expense, has completed said undergrounding operation; and WHEREAS, the owners of the adjoining properties will share in the expense of the undergrounding ~eration costs as stipulated in said Reimburse~ ment Agreement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA DOES HEREBY RESOLVE that said Reimbursement Agreement be and the same is approved and the Mayor is 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. PASSED, APPROVED, and ADOPTED this 1st day of August, 1990. AYES: Alexander, Brown, Buquet, Stout, Wright NOES: None ABSENT: None ATTEST: Dc~bra d. Ad~ts, City Cl-e~k