HomeMy WebLinkAbout23776 RESOLUTION NO. 23776
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA, AUTHORIZING TIME
EXTENSIONS OF VARIOUS SUBDIVISION
IMPROVEMENT AGREEMENTS.
WHEREAS, the City Council has approved various subdivisions for development
projects throughout the City; and
WHEREAS, included with the City Council's approval of each subdivision is
approval of a Subdivision Improvement Agreement between the City and Subdivider
identifying certain obligations of the Subdivider, including an obligation to complete
subdivision improvements within two years of commencement of work; and
WHEREAS, there are positive signs that the overall real estate market is headed
in the right direction; some investors may need more time to recover than others; and
WHEREAS, a number of residential subdivisions throughout the City are in
various stages of completion, and have been placed on an indefinite hold by the
subdivider as the real estate market slowly begins to improve; and
WHEREAS, it is necessary to grant a time extension to various subdivision
improvement agreements.
THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY
RESOLVE AS FOLLOWS:
The City Council hereby approves time extensions to the following Subdivision
Improvement Agreements, as follows:
Agreement No. 4814, Tract Map 28966, extended to June 18, 2016
Agreement No. 4955, Tract Map 30050, extended to February 3, 2016
Agreement No. 5086, Tract Map 32233-1, extended to April 2, 2016
Agreement No. 5087, Tract Map 32233-2, extended to April 2, 2016
Agreement No. 5088, Tract Map 32233-3, extended to April 2, 2016
Agreement No. 5089, Tract Map 32233-4, extended to April 2, 2016
Agreement No. 5100, Tract Map 31263, extended to February 3, 2016
Agreement No. 5131, Tract Map 30046, extended to March 18, 2016
Agreement No. 5155, Tract Map 31514, extended to June 18, 2016
Agreement No. 5246, Tract Map 33561, extended to April 2, 2016
Agreement No. 5324, Tract Map 33933, extended to May 24, 2016
Agreement No. 5426, Tract Map 32732, extended to May 20, 2016
Resolution No. 23776
Page 2
ADOPTED THIS 4TH DAY OF MARCH, 2015.
David H. Ready, C anager
ATTEST:
Fries Thompson, City Clerk
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify that
Resolution No. 23776 is a full, true and correct copy, and was duly adopted at a regular
meeting of the City Council of the City of Palm Springs on the 4th day of March, 2015, by
the following vote:
AYES: Councilmember Foat, Councilmember Hutcheson, Mayor Pro Tern Lewin,
and Mayor Pougnet.
NOES: None.
ABSENT: Councilmember Mills.
ABSTAIN: None.
ames Thompson, City Clerk
City of Palm Springs, California