Loading...
HomeMy WebLinkAbout23505 RESOLUTION NO. 23505 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: A4814, Tract Map 28966, extended to June 18, 2015 A4955, Tract Map 30050, extended to February 3, 2015 A5086, Tract Map 32233-1, extended to April 2, 2015 A5087, Tract Map 32233-2, extended to April 2, 2015 A5088, Tract Map 32233-3, extended to April 2, 2015 A5089, Tract Map 32233-4, extended to April 2, 2015 A5100, Tract Map 31263, extended to February 3, 2015 A5105, Tract Map 32160, extended to February 18, 2015 A5131, Tract Map 30046, extended to March 18, 2015 A5155, Tract Map 31514, extended to June 18, 2015 A5246, Tract Map 33561, extended to April 2, 2015 A5324, Tract Map 33933, extended to May 24, 2015 A5393, Tract Map 31848-1, extended to May 4, 2015 A5426, Tract Map 32732, extended to May 20, 2015 A5436, Tract Map 33161, extended to August 9, 2015 1 Resolution No. 23505 Page 2 ADOPTED THIS 5T" DAY OF FEBRUARY, 2014. DAVID H. READY, ANAGER ATTEST: AMES 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.23505 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 this 5th day of February, 2014, by the following vote: AYES: Councilmember Foat, Councilmember Lewin, Councilmember Mills, Mayor Pro Tern Hutcheson, and Mayor Pougnet. NOES: None. ABSENT: None. ABSTAIN: None. /JAMES THOMPSON, CITY CLERK ity of Palm Springs, California