CC Resolution 2008-045RESOLUTION NO. 2008-045
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 OCTOBER 31, 2008 FOR TRACT MAP NO. 32068,
GOLD RESERVE AT THE CITRUS.
WHEREAS, the City Council approved the Subdivision Improvement
Agreement (SIA) for Tract Map No. 32068, Gold Reserve at the Citrus, on October
18, 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 April 30, 2008, 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 extensioFl 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
Quints, California, as follows:
SECTION 1 . The time for the completion of improvements as required by the
approved SIA is extended to October 31, 2008.
SECTION 2. The time extension for completing the improvements shall
expire when City offices close for regular business on October 31, 2008. 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. 2008-045
Tract Map No. 32068, Gold Reserve at the Citrus
Adopted: July 1, 2008
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 1 s` day of July 2008, by the following vote, to wit:
AYES: Council Members Henderson, Kirk, Osborne, Sniff, Mayor Adolph
NOES: Noes
ABSENT: Noes
ABSTAIN: Noes
DON ADOLIbH, M
City of La Quinta,
ATTEST:
VERONICA J.
City of La Qui
(City Seal)
~ECINO, CMC, City Clerk
California
APPROVED AS TO FORM:
M. A HERI E JEN N, City Attorney
City of La Quinta, California