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HomeMy WebLinkAbout06-300 - Resolutions RESOLUTION NO. 06-300 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT EXTENSION AND IMPROVEMENT SECURITY FOR RANCHO ETIWANDA ESTATES INFRASTRUCTURE (TRACTS 16226 & 16227) WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement Extension executed on September 20, 2006, 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 improvements, described in said Improvement Agreement and subject to the terms thereof, is to be done in conjunction with the development of said Rancho Etiwanda Estates Infrastructure (Tracts 16226 & 16227); and WHEREAS, said Improvement Agreement Extension is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement Extension. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, HEREBY RESOLVES, 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. Please see the following page for formal adoption,certification and signatures Resolution No. 06-300 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 201h day of September 2006. AYES: Alexander, Gutierrez, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None William . Alexander, Mayor ATTEST: DebM J. Adam VMC, 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`h day of September 2006. Executed this 21''day of September 2006, at Rancho Cucamonga, California. Debra J. Adam , C C, City Clerk