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HomeMy WebLinkAbout88-458 - Resolutions RESOLUTION NO. 88-458 A RESOLUTION OF THE CIT~ COUNCIL OF THE CITY OF RANCHO ~3CAMDNGA, CALIFORNIA, APPROVILI3 IMPROVEMENT AGREEMENT EXTENSION AND IMPROVEMENT SEO3RITY FOR TRACT 12577 ~REAS, the City Oouncll of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement Extension executed on July 20th. 1988, by Nordic Develo~ent as developer, for the improvement of public right-of-way adjacent to the real property speclflcally described therein, and generally located on 19th Street between Beryl Street and Hellman 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 develo~aent of said Tract 12577 and WHEREAS, said Improvement Agreement Extension is secured and accompanied by good and sufficient Improvement Security, which is identified in said Improvement Agreement Extension. NOW, ]ltEREFORE, BE IT RESOLVED by the City Council of the City of Rancho Cucamonga, California, that said Improvement Agreement Extension and said Improvement Security be and the same are hereby approved and the Mayor is hereby authorized to sign said Improvement Agreement Extension on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. PASSED, APPROVED, and ADOPTED this 20th day of July, 1988. AYES: Brown, Buquet, Stout NOES: None ABSENT: King, Wright Dennis L. Stout. Mayor ATTEST: Beverly ~. Authelet, Cit~ Clerk Resolution No. 88-/~58 ?age 2 l, BEVERLY A, AUT~ELRT, CITY CLERK of the City of Rancho Cuca~onga, California, do hereby certify that the foregoing Resolutlon was duly passed, approved, and adopted by the City Council of the City of Rancho Cuca~onga, California, at a regular ieetlng of said City Council held on the 20th day of July, 1988. Executed this 21st day of July, 1988 at Rancho Cucmaonga, California. ge~e-rly ~/Authelet, Ci[y Clerk