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CC Resolution 2014-002RESOLUTION NO. 2014 - 002 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, GRANTING AN EXTENSION OF TIME FOR THE COMPLETION OF THE OFF -SITE AND ON -SITE IMPROVEMENTS AS SPECIFIED IN THE APPROVED AMENDED SUBDIVISION IMPROVEMENT AGREEMENTS UNTIL FEBRUARY 4, 2015 FOR AMENDED TRACT MAP NOS. 31732 AND 31733, PALIZADA WHEREAS, the City Council approved the Off -site and On -site Amended Subdivision Improvement Agreements (SIAs) for Amended Tract Map Nos. 31732 and 31733, Palizada on April 7, 2006; 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 Agreement; and WHEREAS, failure by the developer to complete construction of the improvements by May 15, 2013, 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 February 4, 2015. SECTION 2. The time extension for completing the improvements shall expire when City offices close for regular business on February 4, 2015 if the installation of the off- 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. Resolution No. 2014 -002 Tract Map No. 31732 and 31733, Palizada Extension to Complete Off -Site & On -Site Improvements Adopted: February 4, 2014 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 4' day of February 2014, by the following vote: AYES: Council Members Evans, Franklin, Henderson, Osborne, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None ATTEST- SUSAN MAYSELS, CR4 Clerk City of La Quinta, ,California (CITY SEAL) APPROVEDAS TO FORM: . M. K*FFERINE JENSON,My Attorney City of La Quinta, California o'['V'L DON ADCILPH, MWyor City of La Quinta, California