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HomeMy WebLinkAbout06-360 - Resolutions RESOLUTION NO. 06-360 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA APPROVING IMPROVEMENT AGREEMENT AND SECURITY FOR PARCEL MAP 16482 AND RELEASING THE IMPROVEMENT AGREEMENT AND SECURITY PREVIOUSLY ACCEPTED BY CITY COUNCIL ON OCTOBER 20, 2006 WHEREAS, the City Council of the City of Rancho Cucamonga, California did consider an Improvement Agreement and related Security, submitted by Ash Gupta & Sapna Gupta, husband & wife, as developers, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located on the west side of Hellman Avenue, south of Base Line and at the terminus of Eiger Way and release of the previously approved Improvement Agreement and Security for Magyar Homes, LLC. 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 HEREBY RESOLVES that said Improvement Agreement and Security submitted by Ash Gupta & Sapna Gupta, husband & wife are hereby approved, the previously approved Improvement Agreement and Security from Magyar Homes, LLC are released and the Mayor is hereby authorized to sign said Improvement Agreement 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. 06-360 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 15`h day of November 2006. AYES: Alexander, Gutierrez, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None William J. Alexand r, Mayor ATTEST: ebra J. Ada s, MC, 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 15`h day of November 2006. Executed this 16`h day of November 2006, at Rancho Cucamonga, California. Debra J. Ad , CMC, City Clerk