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HomeMy WebLinkAbout89-275 - Resolutions RESOLUTION NO. 89-275 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR DEVELOPMENT REVIEW NO. 88-25 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed on June 21, 1989, by Indumar Investments, Inc. as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located on the south side of Sharon Circle east of Hermosa Avenue; and ' WHEREA~S, 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 as referred to Planning Commission, Development Review No. 88-25; and WHEREAS, said Improvement Agreement is secured and accompanied by good and sufficient #mprovement Security, which is identified in said Improvement Agreement. NOW, 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 approved and the Mayor is authorized to sign said Improvement Agreement on behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto. PASSED, APPROVED, and ADOPTED this 21st day of June, 1989. AYES: Alexander, Brown, Stout, Wright NOES: None ABSENT: Buquet Dennis L. Stout, Mayor ATTEST: Resolution No. 89-275 Page 2 I, BEVERLY A. AUTHELET, 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 21st day of June, 1989. Executed this 22nd day of June, 1989 at Rancho Cucamonga, California.