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HomeMy WebLinkAboutReso 121-03 ACSPA Agrmt PM7714 RESOLUTION NO. 121 - 03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING AN AMENDMENT TO THE TRACT DEVELOPER AGREEMENT FOR PARCEL MAP 7714 (ALAMEDA COUNTY SURPLUS PROPERTY AUTHORITY) WHEREAS, the City of Dublin (hereinafter referred to as "CITY") and Alameda County Surplus Property Authority (hereinafter referred to as "DEVELOPER"), entered into a Tract Developer Agreement (hereinafter referred to as "AGREEMENT") on June 4, 2002, to improve Arnold Road south of Dublin Boulevard and Digital Drive (now known as "Martinelli Way" per Resolution No. 61-03); and WHEREAS, Section 1 of said AGREEMENT states that the DEVELOPER shall commence construction within 365 days following the date on which CITY executes the AGREEMENT, which equates to June 4, 2003, and shall complete said work not later than 24 months following said date of execution, which equates to June 4, 2004; 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 AGREEMENT by one year, with the commencement of construction date not later than June 4, 2004, and a completion date of June 4, 2005; 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 Developer Agreement for Parcel Map 7714 is hereby approved. BE IT FURTHER RESOLVED that the Mayor is authorized to execute the amendment. PASSED, APPROVED AND ADOPTED this 17th day of June, 2003. AYES: Councilmembers McCormick, Oravetz, Sbranti and Zika and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None t ~-, ~ ~ (~ity C~e/rk~ K2/G/6- 17-03/reso-7714.doc (Item 4.6) G:~DEVELOP\Commerce One (ACSPA)~reso amend tr dev agmt PM 7714.doc EXHIBIT "A" OF RESOLUTION NO. /2! -03 A RESOLUTION OF THE CITY COUNCIL 'OF THE CITY OF DUBLIN AMENDMENT TO TRACT DEVELOPER AGREEMENT FOR PARCEL MAP 7714 BETWEEN CITY OF DUBLIN AND ALAMEDA COUNTY SURPLUS PROPERTY AUTHORITY WHEREAS, the City of Dublin (hereinafter referred to as "CITY") and Alameda County Surplus Property Authority (hereinafter referred to as "DEVELOPER"), entered into an Tract Developer Agreement (hereinafter referred to as AGREEMENT) on June 4, 2002 to improve Arnold Road south of Dublin Boulevard and Digital Drive (now known as "Martinelli Way" per Resolution No. 61-03); and WHEREAS, Section 1 of said AGREEMENT states that' the DEVELOPER will commence construction within 365 days following the date on which CITY executes the AGREEMENT which equates to June 4, 2003, and shall complete said work not later than 24 months following said date of execution which equates to June 4, 2004; and WHEREAS, the DEVELOPER has agreed to amend the AGREEMENT to extend the commencement of construction by 365 additional days or until June 4, 2004, and the completion date by another 365 additiOnal days or until June 4, 2005; and WHEREAS, it is in the best interest of the CITY to extend the commencement and 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: The work governed by the AGREEMENT shall be extended by 365 additional days, and shall now commence on or before June 4, 2004 and shall be completed by June 4, 2005. ATT~Tj ~./e-?~/ A/ Mayor · C~~ ~ ~-~ Alameda County Surplus Property Authority[j J ~ityrQler~TM ~ ' a Public Agency / / G:\DEVELOP\Commerce OnekEx 'A' reso amend tr dev agmt Pm_7714.doc