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HomeMy WebLinkAboutReso 133-02 Scarlett TDA Tr7181 RESOLUTION NO. 133 - 02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING AN AMENDMENT TO THE TRACT DEVELOPER AGREEMENT FOR TRACT 7181 (SCARLETT HOMES LLC) WHEREAS, the City of Dublin (hereinafter referred to as "CITY") and Scarlett Homes LLC, a California Limited Liability Company (hereinafter referred to as "DEVELOPER"), entered into a Tract Developer Agreement (hereinafter referred to as "AGREEMENT") on August 21,2001; and WHEREAS, Section 1 of said AGREEMENT states that DEVELOPER shall complete all improvements governed by the AGREEMENT not later than 365 days following the date of execution; and WHEREAS, it is in the best interest of the CITY to extend the completion date of the AGREEMENT by six months, or until February 21, 2003; and WHEREAS, this Amendment hereby incorporates by reference all terms and conditions set forth in the AGREEMENT, and all terms and conditions which are not specifically modified by this Amendment shall remain in full force and effect; NOW, THEREFORE, BE IT RESOLVED that the Amendment (Exhib. it "~.". of this Resolution) to the Tract Development Agreement for Tract 7181 is hereby approved, and the City Council hereby authorizes the Mayor to execute Exhibit "A". PASSED, APPROVED AND ADOPTED this 6th day of August, 2002. AYES: Councilmembers McCormick, Oravetz, Sbranti and Zika and MayOr Lockhart NOES: None ABSENT: None Mayor K2/G/8-6-02/reso-7181 .doc (Item 4.6) g: ldevelop~carlett place lreso amend tr der agmt EXHIBIT "A" OF CITY COUNCIL RESOLUTION ]~-02 AMENDMENT TO TRACT DEVELOPER AGREEMENT FOR TRACT 7181 (SCARLETT PLACE) BETWEEN CITY OF DUBLIN AND SCARLETT HOMES, LLC WHEREAS, the City of Dublin (hereinafter referred to as "CITY") and Scarlett Homes LLC, a California Limited Liability Company (hereinafter referred to as "DEVELOPER"), entered into a Tract Developer Agreement (hereinafter referred to as "AGREEMENT") on August 21,2001; and WHEREAS, Section 1 of said AGREEMENT states that DEVELOPER shall complete all improvements governed by the AGREEMENT not later than 365 days following the date of execution; and WHEREAS, the DEVELOPER has agreed to amend the AGREEMENT to extend the completion date by six months, or until February 21st 2003; and WHEREAS, it is in the best interest of the CITY to extend the completion date of the AGREEMENT; and WHEREAS, this Amendment hereby incorporates by reference all terms and conditions set forth in the AGREEMENT, and all terms and conditions which are not specifically modified by this Amendment shall remain in full force and effect; and NOW, THEREFORE, the parties hereto agree as follows: Completion time for improvement work governed by the AGREEMENT is hereby extended six months or until February 21st, 2003. CITY OF DUBLIN: AT~ ~// .... Mayo; -- C~rt ~ ~it~~' b/~ Company '- ' 'k.// 'k- -- O:XdevelopXscarlea placeXexhibit A tract der