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HomeMy WebLinkAbout17995 - RESOLUTIONS - 12/2/1992 RESOLUTION NO. 17995 THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING AN AMENDMENT TO SUBDIVISION IMPROVEMENT AGREEMENT NO. 2171 AND SUBSTITUTION OF IMPROVEMENT SECURITIES WHEREAS the City of Palm Springs and Environmental Research and Development Corporation entered into an Agreement on May 11, 1984, to accept security for required improvements of Tract No. 17043 ; and WHEREAS a final Subdivision Map of Tract No. 17043 , in the City of Palm Springs, has been filed in the County of Riverside; and WHEREAS securities for the improvements required as a condition precedent to the filing of final Subdivision Map of Tract No. 17043 were placed with the City of Palm Springs; and WHEREAS the owner of the subdivided lands has requested an extension of time for a five-year period within which to complete the improvements required under the Subdivision Improvement Agreement No. 2171; and WHEREAS the owner of the subdivided lands has requested a substitution of security which would ensure faithful performance of the Subdivision Improvement Agreement. NOW THEREFORE BE IT RESOLVED that the City Council of the City of Palm Springs does hereby approve First Amendment to Subdivision Improvement Agreement with the City of Palm Springs and accepts substitution of security. ADOPTED this 2nd day of December , 1992 . AYES: Councilmembers Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov NOES: Councilmember Hodges ABSENT: None ATTE_ /t TY ING City Clerk I I Mana er REVIEWED & APPROVED �) J �C J