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HomeMy WebLinkAbout91-001 - Resolutions RESOLUTION NO. 91-001 A RESOLUTION OF THE CITY OOUNCIL OF THE CITY OF RANCHO ~, CALIFORNIA, APPROVING ]/~P~0V~M~9~ AGR~ AND ]/~OV~SNT SECURITY FOR DEVELO~ REVI~5~ NO. 87-20 WHEREAS, the city Council of the City of Rancho Cucamonga barn for its oonsideration an Improvement Agreement executed on January 2, 1991, by Indumar Investments as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located on the northeast corner of 6th Street and Hermosa Avenue; and WHEREAS, the installation of such improvements, described in said Improvement ~3reement and subject to the terms thereof, is to be done in conjunction with the development of said real property as referred to Planning C~u,~ssion, Development Review No. 87-20; and WHEREAS, said Improvement Agreement is secured and accc~ed by good and sufficient Improvement Security, which is identified in said Improvement Agreement. NC~, THEREFORE, the City Council of the City of Rancho Cucamonga does hereby resolve that said Improvement Agreement and said Improvement Security be and the same are hereby approved and the Mayor is hereby authorized to sign said Improvement Agreement on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. PASSED, APPROVED, and ADOPI~D this 2nd day of January, 1991. AYES: Alexander, Buquet, Stout, Williams, Wright NOES: None ABSENT: None '~/ ~ ~~ ~_~, ~ De~is L. Stout, Mayor , City Clerk Resolution No. 91-001 Page2 I, DW~A J. ADAMS, CITY CLWRK of the City of Rancho Cucamonga, California, do hereby certify that the foregoir~ 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 J~, 1991. Executed this 3rd day of January, 1991 at Rancho Cucamonga, California. pemra J. Ad~, City ~1~--