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HomeMy WebLinkAbout99-065 - ResolutionsRESOLUTION NO. 99-065 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING AN IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITIES FOR CUP 96-26 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed on March 17, 1999, by N & L Nilar Corporation as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located at the northeast corner of Aspen and Laurel Streets; 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 real property as referred to Planning Commission, CUP 96-26; 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 hereby approved and the Mayor is authorized to execute same on behalf of the City of Rancho Cucamonga, 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. PASSED, APPROVED, AND ADOPTED this 17th day of March, 1999. Alexander, Biane, Curatalo, Dutton, Williams AYES: NOES: None ABSENT: None ABSTAINED: None William J. Resolution No. 99-065 Page 2 ATTEST: Debra J. Adarr~, 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 17th day of March, 1999. Executed this 18th day of March, 1999, at Rancho Cucamonga, California. Debra J. Ad~a~s, ~MC, City Clerk