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HomeMy WebLinkAboutReso 182-02 TDA Tr6961DubRanL6 RESOLUTION NO. 182 - 02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING SECOND AMENDMENT TO THE TRACT DEVELOPER AGREEMENT FOR TRACT 6961 (DUBLIN RANCH, PHASE I - NEIGHBORHOOD L-6) WHEREAS, the City of Dublin (hereinafter referred to as "CITY") and Shea Homes, Limited Partnership (hereinafter referred to as "DEVELOPER"), entered into a Tract Developer Agreement (hereinafter referred to as AGREEMENT) on September 5, 2000; and WHEREAS, the AGREEMENT was extended until September 5, 2002, on November 20, 2001, via City Council Resolution No. 197-01; and WHEREAS, Section 1 of said AGREEMENT states that the DEVELOPER shall complete all improvements governed by the AGREEMENT no 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 one year, or until September 5, 2003; and WHEREAS, it is in the City's best interest 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; NOW, THEREFORE, BE IT RESOLVED that the amendment (Exhibit "A" of this resolution) to the Tract Development Agreement for Tract 6961, Dublin Ranch, Phase 1, Neighborhood L-6, is hereby approved, and the City Council hereby authorizes the Mayor to execute Exhibit "A". PASSED, APPROVED AND ADOPTED this 1 st day of October, 2002. AYES: Councilmembers McCormick, Oravetz, Sbranti and Zika and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: No ne 94~ ~ ~ (/~'/J~~~e~ ~'~/ K2/G/10-1-02/reso-~6 ~.doc (Item 4.5) G:develop~Dub Ranch~L-6~reso 2nd mend tr der agmt EX/tlBIT "A" OF P. rSOLV ON NO. t so[vt o oF OF T~ CI~ OF D~Lm SECO~ ~~NT TO T~.CT DE.LOPER AG~E~NT FOR D~L~ ~CH-P~SE I, T~CT 6961 ~IG~O~OOD L-6) BE~EN CITY OF D~L~ ~ S~A HO~S, L~TED P~T~~P ~~AS, ~e CiW of Dubl~ ~ereina~cr ref~ed to as "C~") ~d Shca Homes, Li~ted P~ership (here~ah~ refe~ed to as "DEVELOPER"), ~tered into a Tract Developer A~eem~t ~e~after refe~cd to as AG~E~) on September 5, 2000; ~d ~~AS, the AG~E~ was extended to September 5, 2002 on November 20, 2001 ~a CiW Co~cil Resolution No. 197-01; ~d ~~AS, Section 1 of said AG~EME~ states that ~e DE.LOPER shall complete all improvements governed by the AG~E~ not later ~ 365 days following thc date of~e execution; ~d ~~AS, ~e DE.LOPER has a~eed to amend the AG~E~ to extend the completion ~tc by one year or ~til September 5, 2003; and ~~AS, it is in~ ~e best interest of ~c C~ to cxt~d ~e completion ~te of the AG~E~; and ~~AS, this ~en~ent hereby inco~omtes by reference all t~ ~d con~fions se~ fo~h in the AG~E~, and all tern and conditions w~ch ~e not specifically modified by t~s ~en~ent shall retain in ~11 force ~d effect; and NOW, T~FO~, ~c p~ics hereto a~ce as follows: Completion time for the improvement work governed by ~e AG~E~ is h~eby extended one year or ~til September 5, 2003. ~ Shea Homes, Li~ted Pa~ership, ~r~ ~ a California limted p~ership, By: J.F. Shea Co. ~c., ~da Co~oration, its general pa~er Its: Assistant Secret~ Its: Assist~t Secreta~ C:kDocuments and Settings\jonmc'J~ocal Settings\Temporary Intemet Files\OLK14keso 2nd amend tr dev L6.doc