HomeMy WebLinkAbout99-134 - ResolutionsRESOLUTION NO, 99-134
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA, APPROVING
IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITIES
FOR TRACT 13812 AND THE OFFSITE REQUIREMENTS
CONDITIONED FOR BOTH TRACT 13812 AND TENTATIVE
TRACT 14120 AND RELEASING THE IMPROVEMENT
AGREEMENT AND IMPROVEMENT SECURITY PREVIOUSLY
ACCEPTED BY CITY COUNCIL ON OCTOBER 7, 1998 FOR
TRACT 13812
WHEREAS, the City Council of the City of Rancho Cucamonga, California, did
consider an Improvement Agreement and related Security, submitted by Wealth V., LLC, Wealth
Summit Estate Partnership LLC, a Limited Liability Corporation, Panda Development Corporation,
a California Corporation and Calvin Tan and Caroline Tan, as developers, for the improvemnt of
public right-of-way adjacent to the real property specifically described therein; and
WHEREAS, said Improvement Agreement is secured and accompanied by good
and sufficient Improvement Security, which are identified in said Improvement Agreement; and
NOW, THEREFORE, 'I'HE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, HEREBY RESOLVES as follows:
1. That said Improvement Agreement and Security submitted by Wealth V., LLC,
Wealth Summit Estate Partnership LLC, a Limited Liability Corporation, Panda
Development Corporation% a California Corporation and Calvin Tan and Caroline
]'"an are hereby approved; and
2. The previously accepted Improvement Agreement and Security from Wealth V.,
LLC, are hereby released and
3. The Mayor is hereby authorized to sign said Improvement Agreement and
related agreements on behalf of the City of Rancho Cucamonga, and the City Clerk
to attest hereto.
PASSED, APPROVED, AND ADOPTED this 16th day of June, 1999.
AYES:
NOES:
ABSENT:
ABSTAINED:
Alexander, Biane, Curatalo, Dutton, Williams
None
None
None
William J. AI,
Mayor
Resolution No. 99-134
Page 2
ATTEST:
D
J. Ad;
City Clerk
I, DEBRA J. ADAMS, CI'I'Y 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 16th day of June, 1999.
Executed this 17~h day of June, 1999, at Rancho Cucamonga, California.
Debra J. Adam~, CMC, City Clerk
Resolution No. 99-134
Page 3
~'",2SUIMMIT AVENUE
_HIGHLAND AVENUE
-7;~·~ ........ ' ;if
CITY OF
RANCHO CUCAMONGA
ENGINEERING DIVISION
ITEM:
TITLE:
EXHIBIT:
TT 14120 & Tract
13812
Vicinity Map