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CC Resolution 2011-008 SIA Time Extension TR 31733RESOLUTION NO. 2011 - 008 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, GRANTING AN EXTENSION OF TIME FOR THE COMPLETION OF THE OFFSITE AND ONSITE IMPROVEMENTS AS SPECIFIED IN THE APPROVED AMENDED SUBDIVISION IMPROVEMENT AGREEMENTS TO APRIL 7, 2012 FOR AMENDED TRACT MAP 31733, PALIZADA WHEREAS, the City Council approved the Subdivision Improvement Agreements (SIAs) for Tract Map 31733, Palizada, on April 7, 2006; and WHEREAS, the City Council approved the Amended Subdivision Improvement Agreements (SIAs) for Amended Tract Map 31733, Palizada, on July 5, 2007; and WHEREAS, Section 6. Completion of Improvements of the approved Amended 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 original Agreement; and WHEREAS, failure by the Subdivider to complete construction of the improvements by April 7, 2010, 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 Amended SIAs 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 offsite and onsite improvements as required by the approved Amended SIA is extended to April 7, 2012. Section 2 . The time extension for completing the improvements shall expire when City offices close for regular business on April 7, 2012. If the Subdivider has not completed the improvements, the City, in its sole discretion and when deems necessary, may declare the Subdivider in default of the Agreement. Section 3 . The provided security amount as required in the approved Amended SIA is satisfactory. No additional securities are required. Resolution No. 2011 -008 Time Extension to Complete Onsite & Offsite Improvements Tract Map 31733, Palizads Adopted: February 1, 2011 Page 2 Section 4 . All other terms, responsibilities and conditions as listed in the approved SIA shall remain in full force and effect. PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council held on this 1 s day of February 2011, by the following vote, to wit: AYES: Council Members Evans, Franklin, Henderson, Sniff, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None 6"ao�= DON ADO PH, Ma or City of La Quinta, California /_ VERONICAMONTECINO, CMC, City Clerk City of La Ouinta, California (CITY SEAL)'; APPROVED AS TO FORM: 4/ATHERINE J N City Attorney City of La Quinta, ornia