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HomeMy WebLinkAbout05-155 - Resolutions RESOLUTION NO. 05-155 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR TRACT 16262 AND RELEASING THE IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY PREVIOUSLY ACCEPTED BY CITY COUNCIL ON JUNE 4, 2003 WHEREAS, the City Council of the City of Rancho Cucamonga did consider an Improvement Agreement and related Security, submitted by Toll CA IV, L.P., as Developer,for the improvement of public right-of-way adjacent to the real property specifically described therein,and generally located between Archibald Avenue and Klusman Avenue, approximately 427 feet north of the centerline of Hillside Road and release of the previously approved Improvement Agreement and Improvement Security for Piedra Architectural Development. WHEREAS,said Improvement Agreement is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, DOES HEREBY RESOLVE AS FOLLOWS: 1. Said Improvement Agreement and Improvement Security by Toll CA IV, L.P. are hereby approved. 2. The previously approved Improvement Agreement and Security for Piedra Architectural Development are released. 3. The Mayor is hereby authorized to sign said Improvement Agreement and Security 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. 05-155 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 4th day of May 2005. AYES: Alexander, Gutierrez, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None pGC William J. xander, Mayor ATTEST: AL� Rvzoto'/ 0 � -�� Debra J. Adan s C, 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 4`h day of May 2005. Executed this 5`h day of May 2005, at Rancho Cucamonga, California. ad ebra J. Ada s C, City Clerk