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HomeMy WebLinkAbout89-466 - Resolutions RESOLUTION NO. 89-466 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR DEVELOPMENT .~VIEW NO. 88-14 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed on October 4, 1989, by Indumar Investments, Incorporated, as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located on the northwest corner of Archibald Avenue and 8th Street; 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 as referred to Planning Con~nission, Development Review No. 88-14; 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 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 4th day of October, 1989. AYES: Alexander, Buquet, Brown, Stout, Wright NOES: None ABSENT: None ~~~~ Dennis L. Stout, Mayor ATTE ST: ~ , City Clerk I, DEBRA J. ADAMS, 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 4th day of October, 1989. Resolution No. 89-466 Page 2 Executed this 5th day of October, 1989 at Rancho Cucamonga, Cali forn ia. ' era J. ~d~ms, City Clerk