HomeMy WebLinkAbout4.05 BrookfieldTDA Tr6956Since the time limit for completion of the work is about to expire, extension of the time limit for
completion needs to be extended until June 30, 2002. The Developer has submitted a letter from the
surety certifying that the performance and labor and materials bonds will remain in effect through the
proposed extension date. If the work is completed before the end of the new extension date and the tract
is accepted by the City, the bonds can then be released.
Staff recommends that the City Council adopt the resolution approving the amendment to the Tract
Developer Agreement for Tract 6956.
Page 2
RESOLUTION NO. - 01
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY.OF DUBLIN
APPROVING AN AMENDMENT TO THE
TRACT DEVELOPER AGREEMENT FOR TRACT 6956
(DUBLIN RANCH, PHASE I - NEIGHBORHOOD L-l)
WHEREAS, Brookfield Chantemar Homes, a California Corporation, the Developer of Tract
6956, Dublin Ranch, Phase I, Neighborhood L-l, executed a Tract Improvement Agreement
(hereinafter referred to as Agreement) on May 16, 2000; and
WHEREAS, pursuant to the requirements of said Agreement, the Developer has submitted
the required bonds to guarantee construction of tract improvements for Dublin Ranch, Phase 1,
Neighborhood L-!, and has paid the costs of construction inspection; and
WHEREAS, the time limit for completion of tract improvements set by said Agreement has
expired; and
WHEREAS, the City Engineer has reviewed the Developer' s request for an extension of the
time limit for completion of tract improvements to June 30, 2002; and
WHEREAS, in order to extend the time limit set by the Agreement, an amendment to the
Agreement is needed,
NOW, THEREFORE, BE IT RESOLVED that the amendment (Exhibit "A" of this resolution)
to the Tract Development Agreement for Tract 6956, Dublin Ranch, Phase 1, Neighborhood L-1, is
hereby approved.
PASSED, APPROVED AND ADOPTED this 3rd day of July 2001.
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
Mayor
City Clerk
g:ldevelopldub ranch~L-1 Brook~eM Ireso amend tr dev agmnt L-1
EXHIBIT "A" OF.RESOLUTION -2001
AMENDMENT TO TRACT DEVELOPER AGREEMENT
FOR DUBLIN RANCH-PHASE I, TRACT 6956 (NEIGHBORHOOD L-l)
BETWEEN CITY OF DUBLIN AND BROOKFIELD HOMES
WHEREAS, the City of Dublin (hereinafter referred to as "CITY") and Brookfield Homes
(hereinafter referred to as "DEVELOPER"), entered into a Tract Developer Agreement (hereinafter
referred to as AGREEMENT) on May 16; 2000 and
WHEREAS, time limit for completion Of certain on-site and off-site improvements
(hereinafter referred to as WORK) as set forth in the AGREEMENT has expired,. and the DEVELOPER
has submitted a request to extend the time limit for completion of said WORK; and
WHEREAS, the City Engineer has reviewed the DEVELOPER's request, and determined
that, it is in the best interest of the City and the DEVELOPER to approve the request; and
WHEREAS, in order to extend the 'time limit set by the AGREEMENT, an' amendment to
the AGREEMENT is needed; 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 effecti and
NOW, THEREFORE, the parties hereto agree as follows:
Timing of completion of WORK is extended to June 30, 2002
CITY OF DUBLIN
ATTEST: Mayor
City Clerk
Brookfield Homes
A California CorpOration
8tcphon Lucas, Brookfield Chantemar t4~eLLC_
Date:
G:\develop\dublinranchNL-I\reso exhtA mend to tract dev agmt