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CC Resolution 2015-010RESOLUTION NO. 2015 - 010 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, GRANTING EXTENSIONS OF TIME TO AUGUST 31, 2015 FOR THE COMPLETION OF THE OFF-SITE IMPROVEMENTS AND TO MARCH 17, 2016 FOR THE COMPLETION OF THE ON-SITE IMPROVEMENTS AS SPECIFIED IN THE SUBDIVISION IMPROVEMENT AGREEMENTS FOR TRACT MAP NO. 32070, CODORNIZ WHEREAS, the City Council approved the Subdivision Improvement Agreements (SIA) for Tract Map No. 32070, Codorniz, on November 3, 2005; 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 off-site improvements by January 1, 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, failure -by the developer to complete construction of the on-site improvements by June 7, 2012 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 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 improvements as required by the approved SIA is extended to August 31, 2015. The time for the completion of the on-site improvements as required by the approved SIA is extended to March 17, 2016. Resolution No. 2015-010 Tract Map No. 32070 Adopted: March 17, 2015 Page 2 SECTION 2. The time extension for completing the off-site improvements shall expire when City offices close for regular business on August 31, 2015 if the installation of the off-site improvements has not been completed. The time extension for completing the on-site improvements shall expire when City offices close for regular business on March 17, 2016 if the installation of the 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. 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 171h day of March 2015, by the following vote: AYES: Council Members Franklin, Osborne, Pena, Radi, Mayor Evans NOES: None ABSENT: None ABSTAIN: None c. LINDA EVANS, Mayor City of La Quinta, California ATTEST: SUSAN MAYSELS, CO -Clerk City of La Quinta, California Resolution No. 2015-010 Tract Map No. 32070 Adopted: March 17, 2015 Page 3 (CITY SEAL) APPROVED AS TO FORM: /// r -7 - WILLIAM - - WILLIAM H. IHRKE, City Attorney City of La Quinta, California