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CC Resolution 2017-044 City Eng CA Dept of Transportation State-Funded AgrmtsRESOLUTION NO. 2017 - 044 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, GRANTING EXTENSION OF TIME TO SEPTEMBER 19, 2018 FOR THE COMPLETION OF THE OFF- SITE AND ON-SITE IMPROVEMENTS AS SPECIFIED IN THE SUBDIVISION IMPROVEMENT AGREEMENTS FOR TRACT MAP NO. 36762, FLORESTA WHEREAS, the City Council approved the Subdivision Improvement Agreements (SIA) for Tract Map No. 36762, on January 19, 2016; 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 February 18, 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 September 19, 2018. SECTION 2. The time extension for completing the off-site and on-site improvements shall expire when City offices close for regular business on September 19, 2018 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. SECTION 4. All other terms, responsibilities and conditions as listed in the approved SIA shall remain in full force and effect. Resolution No. 2017-044 Tract Map No. 36762 - Floresta Adopted: September 19, 2017 Page 2 of 2 PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council held on this 19th day of September 2017, by the following vote: AYES: Council Members Fitzpatrick, Pena, Radi, Sanchez, Mayor Evans NOES: None ABSENT: None ABSTAIN: None ATTEST: SUSAN MAYSELS, City CI City of La Quinta, Californ a (CITY SEAL) APPROVED AS TO FORM: A L. ff//ff// WILLIAM H. IHRKE, City Attorney City of La Quinta, California &?-1,/iFj-- ‘t LINDA EVANS, Mayor City of La Quinta, California