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CC Resolution 2010-026RESOLUTION NO. 2010 - 026 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, GRANTING AN EXTENSION OF TIME FOR THE COMPLETION OF THE ONSITE IMPROVEMENTS AS SPECIFIED IN THE APPROVED SUBDIVISION IMPROVEMENT AGREEMENT TO FEBRUARY 18, 2011 FOR PARCEL MAP 32891, TRADITION CLUB ASSOCIATES, LLC WHEREAS, the City Council approved the Subdivision Improvement Agreement (SIA) for Parcel Map 32891 on February 18, 2008; 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 February 18, 2010, 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 onsite improvements as required by the approved SIA is extended to February 18, 201 1. Section 2. The time extension for completing the improvements shall expire when City offices close for regular business on February 18, 2011. 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. 2010-028 Time Extension for Completion of Onsite Improvements Parcel Map 32891, Tradhion Club Assoc, LLC Adopted: April 6, 2070 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 6`" day of April 2010, by the following vote, to wit: AYES: Council Members Evans, Franklin, Henderson, Sniff, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None DON ADO , M or City of La Quinta, California ATTEST: VERONICA City of La ONTECINO, CMC, City Clerk I, California APPROVED AS TO FORM: ~ ~~ M. KATH RINE JENS ,City Attorney City of La Quinta, California P1 (City Seap -