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HomeMy WebLinkAboutReso 225-02 DubRanA TDA7252 RESOLUTION NO. 225 - 02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING AN AMENDMENT TO THE TRACT DEVELOPER AGREEMENTS FOR TRACT 7252, DUBLIN RANCH AREA A (TOLL CA, L.P.) WHEREAS, the City of Dublin (hereinafter referred to as "CITY") and Toll CA, L.P., a California Limited Parmership (hereinafter referred to as "DEVELOPER"), entered into three Tract Developer Agreements for Fallon Road Extension and Signal Hill Drive Improvements, for Fallon Road Landscaping, and for Traffic Signals at Tumberry Drive, Kingsmill Terrace, and Signal Interconnect, (hereinafter referred to as "AGREEMENTS") on December 4, 2001; and WHEREAS, Section 1 of the AGREEMENTS states that DEVELOPER shall complete all improvements governed by AGREEMENTS 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 AGREEMENTS, it is in the best interest of the CITY to extend the completion date of the AGREEMENTS by one year, or until December 4, 2003; and WHEREAS, this Amendment hereby incorporates by reference all terms and conditions set forth in the AGREEMENTS, 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 following AGREEMENTS for Tract 7252 are hereby approved: Tract Developer Agreement for Fallon Road Extension and Signal Hill Drive Improvement Tract Developer Agreement for Fallon Road Landscape Tract Developer Agreement for Traffic Signals at Tumberry Drive, Kingsmill Terrace and Signal Interconnect BE IT FURTHER RESOLVED that the Mayor is authorized to execute the amendment. PASSED, APPROVED AND ADOPTED this 3rd day of December, 2002. AYES: Conncilmembers McCormick, Oravetz, Sbranti and Zika and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None ~ ClYk K2/G/12-3-02/reso-7252. IItem 4.7) G:XDEVELOPkDublin RanchkAreas A-E~krea A Tract 7252kreso amend tr dev agmt. doc EXHIBIT "A" OF RESOLUTION NO. ~ -02 A RESOLUTION OF THE CITY COUNCIL OF Tl:l~. CITY OF DUBLIN AMENDMENT TO TRACT DEVELOPER AGREEMENTS FOR DUBLIN RANCH AREA A, TRACT 7252 BETWEEN CITY OF DUBLIN AND TOLL CA L.P., CALIFORNIA LIMITED PARTNERSHIP WFIEREAS, the City of Dublin (hereinafter referred to as "CITY") and Toll CA L.P., a California Limited Partnership (hereinafter referred to as "DEVELOPER"), entered into three Tract Developer Agreements for Traffic Signals at Turnberry Drive, Kingsmill Terrace, and Signal Interconnect, for Fallon Road Extension and Signal Hill Drive Improvements, and for Fallon Road Landscaping (hereinafter referred to.as "AGREEMENTS") on December 4, 2001; and WHEREAS, Section 1 of the AGREEMENTS states that DEVELOPER shall complete all improvements governed by the AGREEMENTS 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 AGREEMENTS by one year, or until December 4, 2003; and WI-IEREAS, this Amendment hereby incorporates by reference all terms and conditions set forth in the AGREEMENTS, and all terms and conditions which are not specifically modified by this Amendment shall remain in full force and effect; NOW, THEREFORE, the parties hereto agree as follows: Completion time for the. improvement work governed by the AGREEMENTS is hereby extended one year or until December '4, 2003 for the following: Tract Developer Agreement for Fallon Road Extension and Signal Hill Drive Improvement Tract Developer Agreement.for Fallon Road Landscape Tract Developer Agreement for Traffic Signals at Turnberry Drive, Kingsmill Terrace and Signal Interconnect CITY OF DUBLIN:  Jar~et L~ckhart, Mayor TOLL CA, L.P., a California Limited Partnership By:. ATTEST: TOLL CA GP Corp., a California Corporation, General Parmer /on P'aynt~r, Assistant Secretary Date: //' G:~DEVELOP~Dublin RanchXAreas A-EXArea A Tract 7252qEx 'A' reso amend trdev agmt.doc