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HomeMy WebLinkAbout89-480 - Resolutions RESOLUTION NO' 89-480 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING IMPROVEMENT AGREEMENT AND IMPROVEMENT SECURITY FOR TRACT 10246 AND RELEASING THE IMPROVEMENT AGREEMENT AND SECURITY PREVIOUSLY ACCEPTED BY CITY COUNCIL ON AUGUST 17, 1988 WHEREAS, the City Council of the City of Rancho Cucamonga, California, has for its consideration an Improvement Agreement executed on October 18, 1989, by J.C.R. Development Company Partnership as developer, for the improvement of public right-of-way adjacent to the real property specifically described therein, and generally located at the southwest corner of Haven Avenue and Hillside Road; and release of previously submitted Improvement Agreement, Improvement Security and Monumentation deposit accepted by City Council on August 17, 1988, from Jung Hwang & Sons Real Estate Partnership. 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 hereby approved, and release of previously submitted Improvement Agreement, Improvement Security and Monumentation Deposit accepted by City Council on August 17, 1988, from Jung Hwang & Sons Real Estate Partnership, 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. PASSED, APPROVED, and ADOPTED this 18th day of October, 1989. AYES: Alexander, Buquet, Brown, Stout, Wright NOES: None ABSENT: None ATTEST: / Debra J. Ad~, City Clerk Resolution No. 89-480 Page 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 18th day of October, 1989. Executed this 19th day of October, 1989 at Rancho Cucamonga, California. ra ~. Adams, City Clerk