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Travertine Vesting Date Notice 2024-10-18ta Quixta CALIFORNIA October 18, 2024 Travertine Corporation c/o Hofmann Land Development Company, LLC 3000 Oak Road, Suite 600 Walnut Creek, CA 94597 Attn: Lou Miramontes RE: NOTICE OF VESTING DATE PURSUANT TO SECTION 1.1.78 OF DEVELOPMENT AGREEMENT 2021-0001 BY AND BETWEEN THE CITY OF LA QUINTA AND TRAVERTINE CORPORATION FOR THE TRAVERTINE PROJECT This correspondence confirms that as of this writing, there have been no referendums and/or legal challenges or petitions filed or submitted, with regards to any of the approvals related to the Travertine project. Said approvals are as follows: • Ordinance No. 617, adopted September 17, 2024, approving Development Agreement 2021-0001 • Ordinance No. 616, adopted September 17, 2024, approving Zone Change 2017- 0002 • Resolution No. 2024-033, adopted August 6, 2024, approving Environmental Assessment 2017-0008 and certifying Environmental Impact Report (SCH # 2018011023) • Resolution No. 2024-034, adopted August 6, 2024, approving General Plan Amendment 2017-0002, Specific Plan 2017-0004 (repealing and replacing SP 1994-026), and Tentative Tract Map 2017-0008 (TTM 27387) Thus, since all legal deadlines for contests have elapsed, and in accordance with Section 1.1.78 "Vesting Date," the Vesting Date of the Development Agreement by and between the City of La Quinta and Travertine Corporation is October 18, 2024. Regards, -- :7 n c illen City Manager, City of La Quinta « Nossaman LLP, Liz Klebaner, Attorney at Law TRG Land, Mike Cho, Vice President and Mark Rogers, President Citv Attorney's Office