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CC Resolution 2011-079 Griffin Ranch SIA TM 32879 Time ExtensionRESOLUTION NO. 2011 - 079 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, GRANTING AN EXTENSION OF TIME FOR THE COMPLETION OF THE ONSITE IMPROVEMENTS AS SPECIFIED IN THE APPROVED SUBDIVISION IMPROVEMENT AGREEMENT TO SEPTEMBER 20, 2012 FOR TRACT MAP 32879, GRIFFIN RANCH WHEREAS, the City Council approved the Subdivision Improvement Agreement (SIA) for Tract Map No. 32879, Griffin Ranch, on January 16, 2006; 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 September 16, 2011, 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 September 20, 2012. Section 2 . The time extension for completing the improvements shall expire when City offices close for regular business on September 20, 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 SIA is satisfactory. No additional securities are required. Resolution No. 2011 -079 SIA Time Extension - Onsite Improvements Tract Map No. 32879, Griffin Ranch Adopted: September 20, 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 20 day of September 2011, by the following vote, to wit: AYES: Council Members Evans, Henderson, Sniff, Mayor Adolph NOES: None ABSENT: Council Member Franklin ABSTAIN: None 4-1 DON ADOL H, Mayor City of La Quinta, California ATTEST VERONICA_J,,�FONTECINO, CMC, City Citv'of La Winta, California 1CITY- SEAL)` ?= APPRO EDASTO FORM: U `/ / M. KATHERINE JE qff, City Attorney City of La Quinta, gAifornia