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HomeMy WebLinkAbout06-293 - Resolutions RESOLUTION NO. 06-293 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR RANCHO ETIWANDA ESTATES INFRASTRUCTURE (LMD LANDSCAPING FOR TRACTS 16226 & 16227) WHEREAS, The City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement by JTY Investment LLC, as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located north of the extension of Day Creek Boulevard and west of Etiwanda Avenue; and WHEREAS, the installation of such Landscape Maintenance District improvements, described in said Improvement Agreement and subject to the terms thereof, is to be done in conjunction with the development of said real property referred to as Tracts 16226-1, 16226-2, 16226, 16227-1, 16227-2 and 16227, the first five of which have already been approved; and WHEREAS, said Improvement Agreement is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement all the requirements established as prerequisite to approval of the final map by the City 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 Security is accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. Please see the following page for formal adoption,certification and signatures Resolution No. 06-293 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 20th day of September 2006. AYES: Alexander, Gutierrez, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None C William J. Al ander, Ma or ATTEST: Debra J. Adam 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 20`" day of September 2006. Executed this 21" day of September 2006, at Rancho Cucamonga, California. Debra J. Adams CM , City Clerk