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HomeMy WebLinkAbout89-326 - Resolutions RESOLUTION NO~ 89-326 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING REIMBURSEMENT AGREEMENT EXECUTED ON JU~E 8, 1989 BY ARICAL PROPERTIES, INCORPORATED FOR UNDERGROUHDING OF OVERHEAD UTILITIES ON 6TH STREET AT THE INTERSECTION OF HAVEN AVENUE WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration a Reimbursement Agreement executed on June 8, 1989, by Arical Properties, Incorporated , as developer of DR 86-07 for the undergrounding of overhead utilities (UR 002) on 6th Street at Haven Avenue Intersection; 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 operation costs as stipulated in said Reimbursement 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 19th day of July 1989. AYES: Alexander, Brown~ Stout, Wri9ht NOES: None ABSENT: Buquet ~~~ Dennis L. Stout-[, Mayor ATTEST: [~eb-~ J. Adam~/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 19th day of July, 1989. Resolution No~ 89L326 Page 2 Executed this 20th day of July, i9~9 at Rancho Cucamonga~ California~ .,',' ....... ~./~ ....... f.~e~b~a~ J. Ad~s, City Clerk