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HomeMy WebLinkAbout10-182 - Resolutions RESOLUTION NO. 10-182 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT EXTENSION AND IMPROVEMENT SECURITY FOR DRC2005-00831 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement Extension executed on December 15, 2010, by Mapleton International Financial L.P., 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 Vineyard Avenue and San Bernardino Road; 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 DRC2005-00831; 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 PASSED, APPROVED, AND ADOPTED this 15" day of December 2010. AYES: Alexander, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: Buquet Dennis Michael, Mayor ATTEST: n� 61 nice C. Reynolds, City Clerk I, JANICE C. REYNOLDS, 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 15th day of December 2010. Executed this 16`h day of December 2010, at Rancho Cucamonga, California. Jza" G � � ice C. Reynolds, Cy Clerk Resolution.No. 10-182 - Page 2 of 2