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CC Resolution 2014-057RESOLUTION NO. 2014-057 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 SUBDIVISION IMPROVEMENT AGREEMENT UNTIL OCTOBER 7, 2015 FOR TRACT MAP NO. 33336, PALO VERDE II WHEREAS, the City Council approved the Subdivision Improvement Agreement (SIA) for Tract Map No. 33336, Palo Verde 11, on January 20, 2009; 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 on-site improvements as required by the approved SIA is extended to October 7, 2015. SECTION 2. The time extension for completing the improvements shall expire when City, offices close for regular business on October 7, 2015 if the installation of the 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. 2014-057 Tract Map No. 33336 Extension to Complete On -Site Improvements Adopted: October 7, 2014 Page 2 PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council held on this 75 day of October 2014, by the following vote: AYES: Council Members Evans, Franklin, Henderson, Osborne, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None ATTEST: SUSAN MAYSELS, City rk City of La Quinta, California .1 - (CITY, SEAL) APPROVED AS TO FORM: WILLIAM H. IHRKE, City Attorney City of La Quinta, California ( V41.1 DON AD LPH, MIdor City of La Quinta, California