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HomeMy WebLinkAbout90-269 - Resolutions RESOLUTION NO. 90-269 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT EXTENSION AND IMPROVEMENT SECURITY FOR TRACT 12902 WHEREAS, the City Council of the City of Rancho Cucamonga has for its consideration an Improvement Agreement Extension executed on June 20, 1990, by Nordic Woods II 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 Hermosa Avenue and Almond Street; 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 12902; and WHEREAS, said Improvement Agreement Extension is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement Extension. WHEREAS, no further occupancies until 100% completion; and WHEREAS, this will be the last extension, with the project to be inspected in forty-five (45) days with significant progress to be made, and if it is not, the City Attorney will start proceedings against their bonds. NOW, THEREFORE, the City Council of the City of Rancho Cucamonga does hereby resolve 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. PASSED, APPROVED, and ADOPTED this 20th day of June, 1990. AYES: Alexander, Brown, Buquet, Stout, Wright NOES: None ABSENT: None D~n-nis L St-6ut, Mayo~ ATTEST: Debra J. Adams, City Clerk Resolution No. 90-269 Page 2 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 20th day of June, 1990. Executed this 21st day of June, 1990 at Rancho Cucamonga, California. Debra J. Adams, City Clerk