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CC Resolution 2007-073 RESOLUTION NO. 2007-073 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, GRANTING AN EXTENSION OF TIME FOR THE COMPLETION OF THE ON-SITE IMPROVEMENTS AS SPECIFIED IN THE APPROVED SUBDIVISION IMPROVEMENT AGREEMENT TO JUNE 18, 2009 FOR TRACT MAP NO. 32279, MIRAGE, STANDARD PACIFIC HOMES WHEREAS, the City Council approved the Subdivision Improvement Agreement (SIA) for Tract Map No. 32279, Mirage, on February 8, 2006; and WHEREAS, Section 6. Completion of Improvements, of the approved SIA requires that th'3 Subdivider begin construction of the improvements within ninety days and compllete the construction within twelve months after the approval of the Agreement; and WHEREAS, failure by the Subdivider to complete construction of the improvements by February 8, 2007, 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 extensio~ 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 improvements as required by the approved SIA is extended to June 18, 2009. Section 2. The time extension for completing the improvements shall expire when City officles close for regular business on June 18, 2009. 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. 2007-073 Tract Map No. 32279. Mirage Adopted: August 7. 2007 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 Ouinta City Council held on this 7th day of August 2007, by the following vote, to wit: AYES: Council Members Henderson, Kirk, Osborne, Sniff, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None ATTEST: ~;&4~ VERONICA J.,MONTECINO, CMC, City Clerk City of La Ouinta, California {City Seal} APPROVED AS TO FORM: M. KATHERINE LiENSON, City,/..; City of La Ouinta, California V Uv~. DON AD LPH, ayor City of La Ouinta, Califomia