CC Resolution 2018-054 Time Extension for TM 30092
RESOLUTION NO. 2018 - 054
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LA QUINTA, CALIFORNIA, GRANTING
EXTENSION OF TIME TO NOVEMBER 6, 2019,
FOR THE COMPLETION OF THE OFF-SITE AND
ON-SITE IMPROVEMENTS AS SPECIFIED IN THE
SUBDIVISION IMPROVEMENT AGREEMENTS
FOR TRACT MAP NO. 30092, PIAZZA SERENA
WHEREAS, the City Council approved the Assignment and Assumption
Agreements and Amendment to the Subdivision Improvement Agreements
(SIA) for Tract Map No. 30092, on June 7, 2011; and
WHEREAS, Section 6. Completion of Improvements, of the approved
SIA requires that the developer begin construction of the improvements
within ninety days and complete the construction within twelve months after
the approval of the Agreements; and
WHEREAS, failure by the developer to complete construction of the
off-site and on-site improvements by August 2, 2017 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 off-site and on-site
improvements as required by the approved SIA is extended to November 6,
2019.
SECTION 2. The time extension for completing the off-site and on-site
improvements shall expire when City offices close for regular business on
November 6, 2019 if the installation of the off-site and on-site improvements
has not been completed.
SECTION 3. The provided security amount as required in the approved SIA
is satisfactory. No additional securities are required.