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HomeMy WebLinkAbout11-053 - Resolutions RESOLUTION NO. 11-053 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, RELEASING A REIMBURSEMENT AGREEMENT AND THE ADDENDUM TO SAME REIMBURSEMENT AGREEMENT FROM FOOTCHESTER PARTNERS I, LLC WHEREAS,the City Council of the City of Rancho Cucamonga, California, adopted Resolution No. 09-045 on March 18, 2009, approving a Reimbursement Agreement and Resolution No. 09-104 on June 3, 2009, approving the addendum to same Reimbursement Agreement from Footchester Partners I, LLC; and WHEREAS, said Reimbursement Agreement and the Addendum to same Reimbursement Agreement were recorded in Official Records of San Bernardino County,California on March 26, 2009 and June 26, 2009 as Document No. 2009-0128440 and Document No. 2009-0282754 respectively; and WHEREAS, said Reimbursement Agreement and the Addendum to same Reimbursement Agreement are no longer required; and NOW,THEREFORE, BE IT RESOLVED that the City Council of the City of Rancho Cucamonga does hereby release said Reimbursement Agreement and the Addendum to same Reimbursement Agreement for Parcel Map 17818 and that the City Clerk shall cause Releases of Reimbursement Agreement and the Addendum to same Reimbursement Agreement to be recorded in the office of the County Recorder of San Bernardino County, California. Please see the following page for formal adoption,certification and signatures PASSED, APPROVED, AND ADOPTED this 6'" day of April 2011. AYES: Alexander, Buquet, Spagnolo, Williams NOES: None ABSENT: Michael ABSTAINED: None Sam Spagnolo, "7 o Tem ATTEST: nice C. Reynolds, City Cl&k 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 6h day of April 2011. Executed this 71° day of April 2011, at Rancho Cucamonga, California. J e C. Reynolds, City Cle Resolution No. 11-053 - Page 2 of 2