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CC Resolution 2015-001RESOLUTION NO. 2015-001 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, GRANTING AN EXTENSION OF TIME TO APRIL 23, 2015 FOR THE COMPLETION OF THE OFF-SITE AND ON-SITE IMPROVEMENTS AS SPECIFIED IN THE SUBDIVISION IMPROVEMENT AGREEMENTS FOR PARCEL MAP NO. 36405, LA QUINTA, RETIREMENT COMMUNITY WHEREAS, the City Council approved the Subdivision Improvement Agreements (SIA) for Parcel Map No. 36405, La Quinta Retirement Community, on April 23, 2015; 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 Agreements; and WHEREAS, failure by the developer to complete construction of the improvements by April 23, 2014 shall constitute cause for the City, in its sole discretion and when it deems necessary, to declare the Subdivider in default of the approved agreements; 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 Agreements. 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 April 23, 2015. SECTION 2. The time extension for completing the improvements shall expire when City offices close for regular business on April 23, 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. Resolution No. 2015-001 Parcel Map No. 36405 Adopted: January 6, 2015 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 6th day of January 2015, by the following vote: AYES: Councilmembers Franklin, Osborne, Pena, Radi, Mayor Evans NOES: None ABSENT: None ABSTAIN: None C LINDA EVANS, Mayor City of La Quinta, California ATTEST: SUSAN MAYSELS, City tferk City of La Quinta, California (CITY SEAL) APPROVED AS TO FORM: WILLIAM H. IHRKE, City Attorney City of La Quinta, California