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HomeMy WebLinkAbout06-114 - Resolutions RESOLUTION NO. 06-114 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITIES FOR DRC2004-00721 WHEREAS,the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed on April 19, 2006, by Fairway Business Centre, LLC and Milliken and Greystone Properties, LLC, as Developer, for the improvement of the public right-of-way adjacent to the real property specifically described therein, and generally located at the northwest corner of Milliken Avenue and 7th Street; and WHEREAS,said Improvement Agreement is secured and accompanied by good and sufficient Improvement Securities, which are identified in said Improvement Agreement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, HEREBY RESOLVES as follows: 1. That said Improvement Agreement, be and the same is approved and the Mayor is authorized to execute same on behalf of said City and the City Clerk is authorized to attest thereto; and 2. That said Improvement Securities are accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. Please seethe following page for formal adoption,certification and signatures Resolution No. 06-114 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 19`h day of April 2006. AYES: Alexander, Michael, Spagnolo, Williams NOES: None ABSENT: Gutierrez ABSTAINED: None William J. AlS ander, Mayor ATTEST: LLU- Debra J. Ad s, 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 19`h day of April 2006. Executed this 20`h day of April 2006, at Rancho Cucamonga, California. e a J. Ad s, CMC, City Clerk