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HomeMy WebLinkAboutR-8241 Amending Subdivision Agreement Tract No 1750 units 1 & 20 o RESOLUTION N08241(1993 SERIES) A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN LUIS OBISPO APPROVING AN AMENDMENT TO THE SUBDIVISION AGREEMENT FOR TRACT NO. 1750 (UNITS 1 & 2) EXTENDING THE TIME TO SUBMIT SURETY (Rob Rossi, Subdivider) WHEREAS, the City Council conditionally approved the final map for Tract 1750 (Units 1 & 2) per Resolution No. 8086 (1992 Series), subject to-submittal of adequate surety by February 10, 1993, guaranteeing installation of the required subdivision improvements , and WHEREAS, the City Council approved amendments to the subdivision agreement, the last of which extended the time to submit required surety to November 8, 1993 per Resolution No. 8200 (1993 Series), and WHEREAS, the Subdivider has requested an additional 90 days in order to provide said surety. NOW THEREFORE, BE IT RESOLVED that the attached amendment (Exhibit A) to the Subdivision Agreement for Tract No. 1750 (Units 1 & 2) is hereby approved and the Mayor is authorized to sign the amendment. The surety shall be submitted on, or before February 6, 1994, or this approval shall become null and void. The final map shall not be recorded until submittal and approval of the surety, to the satisfaction of the City Attorney On motion of Rappa , seconded by Romero and on the following roll call vote: R -8241 C o Resolution No.824k1993 Series) Page Two AYES: Council Members Rappa, Romero, Roalman, Settle, and Mayor Pinard NOES: None ABSENT: None the foregoing Resolution was passed and adopted this 2nd day of November, 1993. ATTEST: bVRK IANE GLADWELL APPROVED AS TO FORM: G: \WP51 \0 Review\T17504XT. wp MAYOR PEG PINARD o EXHIBIT A SUBDIVISION AGREEMENT AMENDMENT THIS AGREEMENT, dated this 2nd day of November 1993 by and between Robin L. Rossi, herein referred to as "SUBDIVIDER ", and the City of San Luis Obispo, herein referred to as "City ". WITNESSETH: Reference is hereby made to that certain real property in the City of San Luis Obispo, County of San Luis Obispo, State of California, as shown on the final map of Tract No. 1750 (Units 1 & 2), as approved by the City Council on November 10, 1992. WHEREAS, a Subdivision Agreement was entered into between the above - mentioned parties to guarantee completion of the subdivi- sion requirements, and WHEREAS, the subdivision agreement provided for satisfactory surety to be submitted by February 10, 1993, and WHEREAS, the City Council approved an amendment to the subdivision agreement per Resolution No. 8220 (1993 Series) which extended the time to submit the surety to November 8, 1993, and WHEREAS, the subdivider has requested an additional 90 days to submit said surety. Tract No. 1750 (Units 1 & 2) Page Two cll NOW THEREFORE BE IT RESOLVED that the subdivision agreement dated November 10, 1992 for Tract No. 1750 (Units 1 & 2) is hereby modified to extend the time to submit the required Faithful Performance and:Labor & Materials surety by an additional 90 days to February 6, 1994. All other provisions of the aforementioned Subdivision Agreement shall remain in force. IN WITNESS WHEREOF, this agreement has been executed by: APPROVED: City of San Luis Obispo MAYOR- g Pinard EST: C TY LERK — Dian ladwel APPROVED • FORM: Iwo G:\WP51\DRev1ew\T1750\4Xr.wp ,O ,3�> 0 _v '',� V7,01) 5,1,l: \