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HomeMy WebLinkAbout15-197 - Resolutions RESOLUTION NO. 15-197 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR DRC2006-01012 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement by Chase Back Bay, LLC, 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 6th Street and Charles Smith Avenue; 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 referred to as DRC2006-01012; and WHEREAS, said Improvement Agreement is secured and accompanied by good and sufficient Improvement Security, which is 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 approved and the Mayor is authorized to execute same on behalf of said City and the City Clerk is authorized to attest thereto; and 2. That said Improvement Security is accepted as good and sufficient, subject to approval as to form and content thereof by the City Attorney. Resolution No. 15-197 — Page 1 of 2 PASSED, APPROVED, AND ADOPTED this 41" day of November 2015. AYES: Alexander, Kennedy, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None nni ichael, Mayor ATTEST: J ice C. Reynolds, City alerk 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 41" day of November 2015. Executed this 51" day of November 2015, at Rancho Cucamonga, California. 04U el*e_ r J 'ce C. Reynolds, City Jerk Resolution No. 15-197 — Page 2 of 2