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CC Resolution 2009-072RESOLUTION NO. 2009 - 072 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA Q.UINTA, CALIFORNIA, GRANTING AN EXTENSION OF TIME FOR THE COMPLETION OF THE ONSITE IMPROVEMENTS AS SPECIFIED IN THE APPROVED SUBDIVISION IMPROVEMENT AGREEMENT TO FEBRUARY 18, 2010 FOR PARCEL MAP 32891 WHEREAS, the City Council approved the Subdivision Improvement Agreement (SIA) for Parcel Map 32891 on February 18, 2008; and WHEREAS, Section 6. Completion of Improvements, of the approved SIA requires that the Subdivider begin construction of the improvements within ninety days and complete the construction within twelve months after the approval of the Agreement; and WHEREAS, failure by the Subdivider to complete construction of the improvements by February 18, 2009, shall constitute cause for the City, in its sole discretion and when it deems necessary, to declare the Subdivider in default of the approved agreement; and WHEREAS, Section 8. Time Extension, of the approved SIA allows for, at the City Council's sole and absolute discretion, an extension of time for completion of the improvements with additions or revisions to the terms and conditions of the Agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of La Quinta, California, as follows: Section 1. The time for the completion of the on-site improvements as required by the approved SIA is extended to February 18, 2010. Section 2. The time extension for completing the improvements shall expire when City offices close for regular business on February 18, 2010. If the Subdivider has not completed the improvements, the City, in its sole discretion Bind when deems necessary, may declare the Subdivider in default of the Agreement. Section 3. The provided security amount as required in the approved SIA is satisfactory. No additional securities are required. Section 4. All other terms, responsibilities and conditions as listed in the approved SIA shall remain in full force and effect. Resolution No. 2009-072 Parcel Map 32591 Onsite Improvements, Time Extension Tradition Club Associates, LLC Adopted: September 15, 2009 Page 2 PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council held on this 15`h day of September 2009, by the following vote, to wit: AYES: Council Members Evans, Franklin, Henderson, Sniff, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None ON ADOLPH, M or City of La Quinta, California ATTEST: VERONICA City of La (City Seal) )NTECINO, CMC, City Clerk California APPROVED AS TO FORM: TVI. KATHERI JE ON, City Attorney City of La Qui a, California