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HomeMy WebLinkAboutReso 216-03 AmdTrAgmt7327DubRchRESOLUTION NO. 216 - 03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING AN AMENDMENT T° THE TRACT DEVELOPER AGREEMENT FOR TRACT 7327 DUBLIN RANCH AREA G' ~IG~O~OOD H~2 BY TOLL-DUBLIN, LLC WHEREAS, the City of Dublin (hereinafter referred to as "CITY") and Toll-Dublin, LLC (hereinatter referred to as "DEVELOPER"), entered into a Tract Developer Agreement (hereinafter referred to as "AGREEMENT") on November 5, 2002; 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 WItEREAS, 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 November 5, 2004; 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 0g,xhibit ",A') to the Tract Developer Agreement for Tract 7327 is hereby approved, extending the completion date by one additional year, or until November 5, 2004. BE IT FURTHER RESOLVED that the Mayor is authorized to execute the amendment. PASSED, APPROVED AND ADOPTED this 4th day of November, 2003. AYES: Councilmembers Oravetz, Sbranti, Zika and Mayor Pro Tempore McCormick NOES: None ABSENT: Mayor Lockhart ABSTAIN: None K2/G/114-03/reso-7327.doc (Item 4.3) Mayor Pro Tempore G:\CC-MTGSX2003-qtr4~Iov\I 1-04-03~reso-7327.doc EXHIBIT "A" OF RESOLUTION NO. ~ ]~ - 03 A RESOLUTION OF THE ~iTY COUNCIL OF THE CITY OF DUBLIN AMENDMENT TO TRACT DEVELOPER AGREEMENT FOR TRACT 7327 (DUBLIN RANCH AREA G, NEIGHBORHOOD H-2) BETWEEN CITY OF DUBLIN AND TOLL-DUBLIN, LLC WHEREAS, the City of Dublin (hereinafter referred to as "CITY") and Toll-Dublin, LLC (hereinafter referred to as "DEVELOPER"), entered into a Tract Developer Agreement (hereinafter referred to as AGREEMENT) on November 5, 2002; and WHEREAS, Section I of said AGREEMENT states that the 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 an additional 365 days, or until November 5, 2004; 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; NOW, THEREFORE;the parties hereto agree as follows: Completion time for the improvement work governed by the AGREEMENT is hereby extended to November 5, 2004. Toll-Dublin, LLC a California Limited Liability Company Its: Assistant Secretary Print Name: ~,~.,d-/Yr~ Date G:\DEVELOP\Dublin RanchLa~reas G\H2 - Tract 7327\Ex 'A' reso amend tr dev agmt_ Tr 7327.doc CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California '~ County of C-(_')~"~'('/~' ('~')"~0"/ ss. ' Name and ~tle of Officer le.g., "Jane Doe, Nota~ Public")J Date ~ personally appeared ~ ~,~.r ~ ~- ~ ~ ~ ~ '~ Namets) of Signer(s) [],¢re~nally known to me [] proved to me on the basis of satisfactory evidence to be the person¢ whose name¢)is/¢ subscribed to the within instrument and acknowledged to me that he/s~e/th~y executed the same in his/h~dtlCir authorized capacity(i~,), and that by his/hcfr/tl~ir signature¢ on the instrument the person,C), or, the entity upon behalf of which the pe..r~on¢ acted, executed the instrument. / '~SS my hand ~seal. (,.,~'~ --- Signature of Not~ry Public OPTIONAL Though the information below is not reClUi~'ed by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer Signer's Name: [] Individual Top of thumb here [] Corporate Officer -- Title(s): [] Partner-- [] Limited [] General ~ Attorney-in-Fact [] Trustee [] Guardian or Conservator [] Other: Signer Is Representing: 1999 National Notary Association ° 9350 De Soto Ave,, P.O. Box 2402 · Chatsworth, CA 91313-2402 · www.nationalnotary.org prod. No. 5907Reorder: Call Toll-Free i-800-876-6827