HomeMy WebLinkAbout89-550 - Resolutions RESOLUTION NOj 89'550
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT
AND IMPROVEMENT SECURITY FOR DEVELOPMENT REVIEW NO. 87-48
AND RELEASING THE IMPROVEMENT AGREEMENT AND SECURITY
PREVIOUSLY SUBMITTED
WHEREAS, the City Council of the City of Rancho Cucamonga,
California, accepted an Improvement Agreement and Improvement Security on
September 20, 1989, by Sebastiano Filpi, 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 9th Street, between
Hellman Avenue and Archibald Avenue; and
WHEREAS, the Developer is requesting that the City Council release
the Improvement Agreement and Improvement Security previously submitted and
replace it with Faithful Performance and Labor and Material Irrevocable Letter
of Credit; 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 Security be and the same are hereby
approved and the Mayor is hereby authorized to accept Improvement Security on
behalf of the City of Rancho Cucamonga, and the City Clerk to attest thereto.
PASSED, APPROVED, and ADOPTED this 15th day of November, 1989.
AYES: Alexander, Buquet, Brown, Stout, Wright
NOES: None
ABSENT: None
Dennis L. Stout, Mayor
ATTEST:
~)ebra J. Ada~F, City Clerk-
Resolution No. 89-550
Pa ge 2
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 15th day of
November, 1989.
Executed this 16th day of November, 1989 at Rancho Cucamonga,
California.