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CC Resolution 2015-049RESOLUTION NO. 2015 - 049 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA; CALIFORNIA, GRANTING EXTENSION OF TIME TO OCTOBER 20, 2016 FOR THE COMPLETION OF THE ON-SITE IMPROVEMENTS AS SPECIFIED IN THE SUBDIVISION IMPROVEMENT AGREEMENT FOR TRACT MAP NO. 310871 DARBY ESTATES WHEREAS, the City Council approved the Subdivision Improvement Agreement (SIA) for Tract Map No. 31087, Darby Estates, on July 15, 2014; 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 on-site improvements by July 29, 2015 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 20, 2016. SECTION 2. The time extension for completing the on-site improvements shall expire when City offices close for regular business on October 20, 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. Resolution No. 2015-049 Tract Map No. 31087 Adopted: October 20, 2015 Page 2 PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council held on this 20th day of October 2015; by the following vote: AYES: Council Members Franklin, Pena, Radi, Mayor Evans NOES: None ABSENT: None ABSTAIN: Council Member Osborne It LINDA EVANS, Mayor City of La Quinta, California ATTEST: SUSAN MAYSELS, City C k City of La Quinta, California (CITY SEAL) APPROVED AS TO FORM: WILLIAM H. IHRKE, City Attorney City of La Quinta, California