HomeMy WebLinkAbout19923 - RESOLUTIONS - 10/18/2000 RESOLUTION NO. 19923
THE CITY COUNCIL OF THE CITY OF PALM SPRINGS,
CALIFORNIA, APPROVING A SECOND AMENDMENT TO '
THE SUBDIVISION IMPROVEMENT AGREEMENT NO.
2171
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 Map No. 17043 (duly filed in the County of Riverside Recorder's
Office); and
WHEREAS, securities for the improvements required as a condition precedent to the filing of
the final Subdivision Map of Tract 17043 were placed with the City of Palm Springs; and
WHEREAS, the owner of said subdivided lands requested a First Amendment to the
Subdivision Improvement Agreement involving a) time extension for a five year period within
which to complete the improvements and b) a substitution of security in the form of a Deed
of Trust to the City of Palm Springs (recorded in the Riverside County Recorder's Office on
February 25, 1993 as Instrument No. 72634) which would insure faithful performance of said
improvements; and
WHEREAS, the City Council of the City of Palm Springs approved said First:Amendment to
the Subdivision Improvement Agreement per Resolution No. 17995 on December 2, 1992;
and
WHEREAS, the First Amendment to the Subdivision Improvement Agreement also provided '
for the Subdivider to elect to delay or extend the performance of the Subdivision
Improvement Agreement annually for a period of up to three (3) additional years from
Termination. The Subdivider exercised its options through November 1, 2000; and
WHEREAS, Palm Hills Land Corporation, a California corporation, (the current owner) is
requesting a Second Amendment to the Subdivision Improvement Agreement for an
additional five (5) years commencing November 1, 2000, subject to all terms and conditions
of said Subdivision Improvement Agreement, as amended.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Palm Springs,
California, does hereby approve the Second Amendment to the Subdivision Improvement
Agreement with the City of Palm Springs, accepts substitution of security, and directs the
City Clerk to record same.
ADOPTED THIS 8 th _ day Of Ortober 12000.
AYES: Members Jones, Oden and Mayor pro tem Reller-Spurgin
NOES: Member Hodges
ABSENT: Mayor Kleindienst
ATTEST: CITY OF PALM SPRINGS, CALIFORNIA
By City Clerk City Manager
REVIEWED &APPROVED AS TO FORM: X�� 49 ,