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HomeMy WebLinkAbout14-162 - Resolutions RESOLUTION NO. 14-162 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING A MASTER PLAN TRANSPORTATION FACILITY REIMBURSEMENT AGREEMENT FOR A TRAFFIC SIGNAL AT BANYAN STREET AND GOLDEN LOCK PLACE FOR TRACT 17651, SRA-60 WHEREAS, the City Council of the City of Rancho Cucamonga has for its consideration a Reimbursement Agreement submitted by K. Hovnanian at Andalusia, LLC, the Developer, for a master planned transportation facility installed in conjunction with the development of Tract 17651, located on the south side of Banyan Street east of East Avenue; and WHEREAS, the Developer, at Developer's expense, has completed the required improvements; and WHEREAS, the Developer has requested reimbursement for the master plan transportation facility improvements, as he is entitled to per Section 3.28.040 of the Municipal Code, by means of said Reimbursement Agreement. NOW THEREFORE, the City Council of the City of Rancho Cucamonga hereby resolves that said Reimbursement Agreement be and the same is hereby approved and the Mayor is hereby authorized to sign said agreement on behalf of the City of Rancho Cucamonga, and the City Clerk attest thereto. Resolution No. 14-162 — Page 1 of 2 PASSED, APPROVED, AND ADOPTED this 2nd day of September 2014. AYES: Alexander, Michael, Spagnolo, Steinorth, Williams NOES: None ABSENT: None ABSTAINED: None U L. ennis Michael, Mayor ATTEST: L4,11 - e--- gwLactj *ice 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 2nd day of September 2014. Executed this 3m day of September 2014, at Rancho Cucamonga, California. Qctwe," L, 6dj J ' ce C. Reynolds, City glerk Resolution No. 14-162 — Page 2 of 2