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HomeMy WebLinkAbout84-96 - ResolutionsRESOLUTION NO. 84-96 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR PARCEL MAP 7349 AND RELEASE PREVIOUSLY ACCEPTED BONDS AND AGREEMENT WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed on April 18, 1984, by Lewis Development Co. as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located on the north side of 4th Street, east of the 1- 15 Freeway; 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; and WHEREAS, said Improvement Agreement is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Rancho Cucamonga, California, 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. BE IT FURTHER RESOLVED, that the City Council of the City of Rancho Cucamonga, California, authorizes the release of the Improvement Agreement and Improvement Security previously accepted on September 7, 1983 for Parcel Map 7349. PASSED, APPROVED, and ADOPTED this 18th day of April, 1984. AYES: Wright, Buquet, Mikels, Dahl, King NOES: None ABSENT: None ATTEST: