HomeMy WebLinkAboutReso 224-02 WaterfordImpvAg7589 RESOLUTION NO. 224 - 02
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
APPROVING AN AMENDMENT TO THE
IMPROVEMENT AGREEMENT FOR PARCEL MAP 7589
(WATERFORD PLACE/THE SHOPS AT WATERFORD
B Y SHEA HOMES LIMITED PARTNERSHIP)
WHEREAS, the City of Dublin (hereinafter referred to as "CITY") and Shea Homes Limited
Partnership (hereinafter referred to as "DEVELOPER"), entered into an Improvement Agreement
(hereinafter referred to as "AGREEMENT") on December 4, 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, since the improvements will not be complete within the timeframe anticipated in
the original AGREEMENT, it is in the best interest of the CITY to extend the completion date of the
AGREEMENT by one year, or until December 4, 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 0~xhibit "A" of this
Resolution) to the Improvement Agreement for Parcel Map 7589 is hereby approved.
BE IT FURTHER RESOLVED that the Mayor is authorized to execute the amendment.
PASSED, APPROVED AND ADOPTED this 3rd day of December, 2002.
AYES: Councilmembers McCormick, Oravetz, Sbranti and Zika and Mayor Lockhart
NOES: None
ABSENT: None
ATTES~~ ~ Mayor
II
K2/G/12-3-02/reso-758~.doc (Item 4.6)
G:\CC-MTGSk2002qltr 4~DEC\ 12-03-02~reso-7589.doc
EXHIBIT "A" OF
RESOLUTION NO. ~_~ 6/ -02
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
AMENDMENT TO IMPROVEMENT AGREEMENT
FOR PARCEL MAP 7589 (WATERFORD PLACE/THE SHOPS.4T WATERFORD)
BETWEEN CITY OF DUBLIN AND SHEA HOMES LIMITED PARTNERSHIP
WHEREAS, the City of Dublin (hereinafter referred to as "CITY") and Shea Homes Limited
Partnership (hereinafter referred to as "DEVELOPER"), entered into an Improvement Agreement (hereinafter
referred to as AGREEMENT) on December 4, 2001; and
WHEREAS, Section 1 of said AGREEMENT states that thc DEVELOPER shall complete all
improvements governed by the AGREEMENT not later than 365 days following the date of the execution; and
WHEREAS, the DEVELOPER has agreed to amend the AGREEMENT to extend the completion
date by one year or until December 4, 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 £ull force and effect; and
NOW, THEREFORE, the parties hereto agree as follows:
Completion time for the improvement work governed by the AGREEMENT is hereby extended
one year or until December 4, 2003.
CiTY OF DUBLIN
AT~~_~ ~/] Mayor
~_~ Shea Homes Limited Partnership,
t ' -- a California limited partnership
By: J. F. Shea Co. Inc.,
A Nevada Corporation, its general parmer
Its: Assistant Secretary
By:
Its: Assistant Secretary
Date:
G:\DEVELOP\Waterford Place~Ex 'A' reso amend tr dev agmt Tr 7589.do¢